BHP averts strike at world’s biggest copper mine
BHP (ASX, LSE: BHP) and the supervisors’ union at its Escondida mine in Chile have reached a preliminary agreement to avert a strike at the world’s largest copper operation. Members…
BHP
Nickel shortage forecast flips to surplus
The global nickel market is heading for another surplus this year, reversing an earlier forecast for a shortage, the International Nickel Study Group says. Production is forecast at 3.87 million…
Avalanche adds to Chile’s copper supply pressures
A snow avalanche that killed two subcontractor workers at Codelco’s El Teniente mine on Sunday has added to mounting supply concerns in Chile, as extreme weather, labour disputes and operational…
Copper price gains as Chile strike threatens output
Copper prices climbed Thursday as a strike by more than 700 workers at Antofagasta’s (LSE: ANTO) Centinela mine in Chile raised concerns about production disruptions that could become more serious…
Altius makes bid for rest of TNR amid board fight
Altius Minerals (TSX: ALS) has made an unsolicited, non-binding proposal to acquire the 87% of TNR Gold (TSXV: TNR; US-OTC: TRRXF) it doesn’t already own, a move that would give…
Mining’s future is up for sale
Streaming has moved far beyond its origins as a niche financing tool for cash-strapped miners, with multibillion-dollar deals and a growing secondary market turning rights to future metal production into…
BHP’s Escondida restart eases tight copper supply woes
The mine halt, low Chinese inventories and an approaching holiday pause had left the copper market with little room for supply disruptions.
BHP wins top BC reclamation award for Island Copper
BHP (ASX, LSE, NYSE: BHP) won British Columbia’s top mine reclamation award for work continuing more than three decades after its Island Copper mine closed on northern Vancouver Island. The…
Worker death keeps world’s largest copper mine shut
BHP (ASX, NYSE: BHP) kept the globe’s biggest copper mine shut Thursday after an employee was killed during maintenance work at its Escondida operation in northern Chile and regulators investigated…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…
Potash miners drop as Trump floats Belarus deal
U.S. President Donald Trump said Monday the United States is working on a “massive” deal to buy potash from Belarus instead of Canada, raising questions about potential ramifications for fertilizer…
Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…