MINING.COM

Inflation-hit miners are seeing early signs of cost relief

The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.

Bloomberg News | October 26, 2022 | 10:27 am

Chile’s government, miners still clashing over mining royalty bill

The president of Chile's National Mining Society argued that the government should consider promoting more mining production instead of increasing taxes, arguing this would make a greater contribution to the treasury.

Reuters | October 26, 2022 | 9:44 am

Freeport in early talks to extend Indonesia copper rights beyond 2041

Company also reiterated long-standing comments that does not need to buy a rival to grow, pointing to expansion plans in the United States and Asia.

Reuters | October 26, 2022 | 8:46 am

Copper price jumps as dollar eases

Metal price edged higher buoyed by a weaker dollar and amid hopes the pace of US interest rate hikes would slow down.

MINING.COM Staff Writer | October 26, 2022 | 8:39 am

Chile amends mining royalty bill with flat 1% ad valorem rate

Additional royalties would be assessed at rates fluctuating from 8% to 26% based on miners' operating margin.

Reuters | October 26, 2022 | 7:43 am

More near-term pain for copper companies despite strong fundamentals, analysts warn

Base metals prices have eased considerably in 2022, as demand has weakened while the dollar has strengthened.

Henry Lazenby | October 25, 2022 | 2:19 pm

Rio Tinto reiterates $3.3bn offer for Turquoise Hill after ISS recommends against deal

ISS on Monday had recommended Turquoise Hill shareholders to vote "against" the deal, joining the Canadian miner's second-largest shareholder Pentwater Capital Management.

Reuters | October 25, 2022 | 11:15 am

Chile close to decision on raising mine royalties

BHP and Antofagasta said a mining royalty bill in the country would affect competitiveness and encourage miners to reevaluate investments.

Reuters | October 25, 2022 | 7:34 am

Responsible copper mining framework extended to nickel, zinc and molybdenum

The Copper Mark extends its responsible mining assessment already covering a fifth of global copper production, to molybdenum, nickel and zinc with the launch of a pilot program.

Staff Writer | October 24, 2022 | 3:01 pm

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