There were no immediate reports of any injuries or deaths from the latest dam wall collapse at the dormant diamond mine, which was once owned by De Beers.

One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.

The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.

Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.

BHP said it will invest $12 million on exploration in the next 10 months and is evaluating six potential projects.

While the rest of the world worries about recession, China is steadily increasing its imports of physical copper.

Finland has thus far not collected taxes on minerals but the government now proposes introducing a royalty of 0.6% on the taxable value of metallic minerals.

"We have earmarked 70% of this investment for the energy transition space," Gautam Adani said.

Tuesday's gains indicate the market has not given up hopes that the recovery in Chinese steel production.

The parties have agreed to pause hearings on their dispute over Konkola Copper Mines for six months.

The charges are higher than the $80 per tonne and 8 cents per pound set for the third quarter of 2022.

The government has agreed to back continued royalty deductions in exchange for raising income taxes on extractive industries by 5%.