News

Chile's state-owned copper production company Corporación Nacional del Cobre de Chile (Codelco) has secured a $300m loan from Export Development Canada (EDC).   Codelco, which produces about 11% of the world's copper, is planning to invest around $23.5bn over...

Workers at Peru's Antamina copper mine have started the strike to demand higher wages.   Antamina union SUTRACOMASA spokesperson Hernan Robles has said that production at the mine has come to a halt and the company will struggle to...

Brazil-based mining company Vale has received an environmental licence to expand its Carajás open pit mine in the state of Para.   Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis (IBAMA) issued the licence, which will help...

Mining workers at Antamina copper mine in Peru have decided to proceed with a proposed strike from Monday, after talks with management ended inconclusively.   Antamina labour union (SUTRACOMASA) secretary general Jorge Juarez told Reuters that the union is...

Three of the 12 mining workers, who were trapped after a coal mine collapsed in the north-western state of Antioquia, Colombia, have died.   Authorities are now investigating how the mining workers died, whether it was due to inhaling...

Anglo American has started shipping first the iron ore produced from its Minas-Rio project in Brazil to customers in China.   The company has begun shipments of more than 80,000t of iron ore for the pellet feed market on...

Canada-based Kinross Gold has signed a deal with Fortress Minerals, a division of the Lundin Group, to sell its 100% stake in Aurelian Resources and the Fruta del Norte (FDN) project in Ecuador for $240m.   Of the total...