Copper price down again despite strike threat at world’s largest mine

Swedish court has ruled that local miner Boliden won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.

Environmental assessments already underway will continue under the current process.

The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.

ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said.

Fifteen autonomous trucks will be introduced to West Angelas iron ore mine, in the Pilbara region.

In an analysis by Bloomberg Intelligence, copper outperformed every major asset class aside from energy as an inflation hedge.

The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.

The zinc market is making a U-turn.

Their 29,400-hectare property is located in central Labrador, 80 kilometres south of Vale’s Voisey’s Bay Nickel mine