April 26, 2018

Chilean government promises funding for Codelco

Then Mining Minister said Codelco has to keep up production levels so that it can remain Chile and the world’s No.1 copper miner.

April 26, 2018

World’s lithium king is ready to unleash a flood of new supply

Soc. Quimica & Minera de Chile SA sits on the world’s richest deposit of lithium and already produces more than 20 percent of the global supply.

April 26, 2018

Vale eyes $1 bln in dividends each quarter this year

The comments came a day after Vale reported a first-quarter slide in profit of 36 percent on higher costs and lower iron ore prices.

April 26, 2018

Strip-club promos vie with gender equality at mining expo

The week-long Expomin event in Chile offered a glimpse at both how far the industry has come -- and how far it has to go.

April 26, 2018

Vale unsure if New Caledonia nickel operations will continue

A day after first quarter results showed a 36 percent slump in profit, executives said they were not satisfied with nickel prices.

April 26, 2018

Chile copper mine Escondida says no early wage agreement reached

The official deadline to start contract discussions begins in June.

April 26, 2018

Newmont profit soars on higher gold prices, claims top bullion miner title

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of…

April 25, 2018

Brazil’s Vale 1st-qtr profit slumps by a third as costs rise

The world's largest iron ore producer posted a 36 percent slump in first-quarter profit compared to the same quarter a year earlier.

April 25, 2018

Southern Copper says legal dispute over Peru’s Tia Maria resolved

Southern Copper Corp's chief executive said on Wednesday it had reached a settlement with a company in Peru that blocked development of its $1.4 billion Tia Maria project with a…

April 25, 2018

Federal Council rejects mining referendum in Colombian town

The council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court.