July 24, 2017

Antofagasta, Barrick avoid Chile mine strike

Zaldívar produced 102,000 tonnes of copper in 2016.

July 24, 2017

Why IAMGOLD could be the next gold major: CEO Steve Letwin interview

CEO Stephen Letwin says IAMGOLD – one of the best-performing gold stocks so far in 2017 - is gunning to be a gold major.

July 23, 2017

Cuba seeks to revive mining sector with new lead and zinc mine

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its…

July 23, 2017

Glencore bets on copper with $21M investment in Brazilian producer

Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA).

July 21, 2017

BHP $2.5bn expansion of Spence copper mine in Chile approved

Company will make a decision on the plan in August.

July 19, 2017

Peru hit by nationwide mining strike; govt says situation ‘under control’

The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".

July 19, 2017

Iron ore soars past $70 a tonne

Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.

July 18, 2017

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.

July 18, 2017

Clean energy transition to increase demand for minerals — World Bank

Big winners will be aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium.

July 18, 2017

Rio Tinto axes iron ore export forecast for the year

It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.