First Quantum to halt Ravensthorpe nickel mine

Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud.

Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.

The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations.

The project has been over a decade in the making and is said to boast world’s largest undeveloped copper-gold deposits.

A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits.

The project will be one of Canada’s largest gold projects, producing more than 5.0 million oz. of gold over its initial 14-year mine life.

The company would like to buy an asset in Canada, according to its CEO.

Debswana sold diamonds worth $2.179 billion in H1, compared to $2.622 billion in the same period last year.

The company expects its half-year profit to fall by as much as 58%