The company's rock salt mining activities led to soil subsidence that forced the interdiction of several neighborhoods in Maceio.

Regulatory & sustainability expert at Assent reports on conditions at artisanal cobalt mines in the DRC. 

The expectation for a looser market in the near term has been reflected in copper prices.

"The much bigger question is rebooting confidence," said a senior executive at an LME member broker.

The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025.

The Kingdom has been studying setting up the trading platform for the past three months and it does not expect a decision to be made before the next six.

“This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho told reporters.

The ICMM is working with The Copper Mark, Mining Association of Canada and the World Gold Council towards consolidating their individual voluntary responsible mining standards.