Codelco, the world's largest copper company, is planning to reduce costs by $1 billion in 2015, as the copper price remains mired in lows not seen since recessionary 2009.
The United States Senate has passed a controversial land swap deal, paving the way for the country's largest copper mine to move forward, following close to a decade of roadblocks by Washington.
Goldman Sachs, the biggest trading firm on Wall Street, will wind down its uranium trading business and may sell its coal mine subsidiary in Colombia, according to a Senate report released last week.