July 26, 2018

Peruvian mining society says approval of Quellaveco project marks a new era for the country

The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.

July 25, 2018

Lundin Mining CEO Conibear to retire

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.

July 25, 2018

Barrick Gold reports Q2 loss of US$94 million

Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

July 25, 2018

MGX announces aquisition of Salinitas Lithium Brine Project at Salinas Grande Salar, Agentina

MGX Minerals Inc entered into an Option Agreement with A.I.S. Resources (TSX.V: AIS) to acquire an 80% interest in the Salinitas lithium brine mining tenements located in the lithium triangle…

July 25, 2018

BHP final pay offer to Escondida workers falls short of union demands

BHP has offer workers a signing on bonus of $27,000, up from an earlier offer of $23,000, plus a 1.5% salary increase, but still well under the bonus up to…

July 25, 2018

Goldcorp reports net loss of $131 million in Q2

Guidance reconfirmed.

July 25, 2018

Antofagasta copper output up in Q2 despite Los Pelambres pipeline issue

Production in the second-quarter of the year jumped 6.1% to 163,200 tonnes, as higher output at its Centinela and Antucoya mines mitigated declines at Los Pelambres and Zaldívar.

July 25, 2018

Vale’s Q2 capex reaches lowest level since ’05

Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes.

July 24, 2018

Norsk Hydro eyes restart of Brazil alumina refinery by mid-2019 or earlier

Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery.

July 24, 2018

Chile’s copper agency said US-China trade war to hit metal price

The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to…