Australia's Evolution Mining has agreed to buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, with Glencore taking 100% of the copper output.
Country has long hailed its as-yet largely untapped deposits of gold and copper, among other minerals, as the future of its mining industry, especially amid output and price troubles for coal.
In 2018 the community succeeded in convincing a lower court to reverse dozens of previously granted mining concessions along the Aguarico river, arguing they had not been properly consulted about the developments.
Copper prices rose on Tuesday as the dollar weakened and risk sentiment improved on positive developments from a meeting between U.S. President Joe Biden and Chinese leader Xi Jinping.
Nickel and zinc may not spring to mind when most people think of critical minerals, but as far as the United States is concerned, they both are, writes Andy Home.
The Nov. 21 presidential vote, the first since months of angry protests over inequality rocked Chile in 2019, has become a polarized battle between a leftist coalition led by 35-year-old protest leader Gabriel Boric and ultraconservative José Antonio Kast.