Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract from Teck (NYSE: TCK) to provide engineering, procurement and construction management (EPCM) services for the Highland Valley Copper Mill Optimization project in British Columbia, Canada.
Contract workers blocked some roads to Chile's Escondida copper mine, the world's largest, on Thursday in a bonus dispute, although production operations weren't halted
Indonesia has decided to have its mining cake and eat it too, as the country, one of the world’s largest exporters of copper and coal, will start imposing a 20% tax on mining exports beginning next week.
Draft legislation, a copy of which was seen by the Financial Times on Wednesday, gave "the clearest sign yet that Mongolia is uncomfortable with the large foreign investments that have so far been a mainstay of economic growth."