Freeport-McMoRan profit beats estimates on higher copper prices

The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to $3.

Companies can now perform non-systematic drilling during the early exploration phase of their mining concessions and without requiring an environmental license.

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.

The smelter was shut down in May after 13 people died after coming under police fire during violent protests over alleged pollution.

"Not a typical financing vehicle for non-revenue generating exploration companies."

Labor negotiations at Chile's Escondida copper mine, the world's largest, are frozen without signs of progress.

The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.

Find the cobalt.

A union representing workers at Lumina Copper's Caserones mine in Chile said on Thursday that contract negotiations with the company had failed, paving the way for a potential strike.