Nornickel warns of coronavirus risks, reports leap in profit

Richard Adkerson was the highest paid CEO in Forbes' 'materials' category in 2012.

Additional financing aims to help the world’s No. 1 copper producer move forward with its decisive investment plans.

Analysts said Baja is done.

Through a subsidiary, Rio owns 19% of Northern Dynasty, making it the largest single investor.

Once confined to Peru and Colombia, the shady business has spread out to neighbouring countries and is generating up to five times more revenue than drug trafficking.

800 striking workers at the giant copper mine in Chile returned to work on Saturday.

Work is likely to restart within the next 90 days, a top government official said following a public meeting with local residents.

The miner and commodities trading giant acquired an additional 14.5% interest in Mutanda, a copper mine in the province of Katanga, Congo.

Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.