Rio to begin drilling at Janice Lake copper project

The move comes only three months after U.S. President Barack Obama signed a space exploitation law.

The benchmark has settled outside the same day’s spot trading range, at least 10 times in the last six months.

More than 200 delegates from the mining, renewable energy and finance sectors attended this event.

Some of the mines on this list get less than 100 mm of precipitation per year.

The cut-back should help the miner lower all-in sustaining costs of production and generate free cash flow.

Quoting levels "very low" and machines already sold are not being put into service by mining companies.

Mining hits a BRIC wall.

The miner expects an output of 710,000-740,000 tonnes for 2016 as it ramps up production at its Antucoya and Centinela Concentrates mines, as well as from its share in Zaldivar mine, which co-owns with Barrick Gold.

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.