Codelco ‘perfectly well’ financed for next two years — board chairman Codelco returns all of its profits to the state and is funded by a mix of capitalization and debt. Reuters | April 10, 2019 | 2:30 pm
Electric-vehicle tax credits get a bipartisan boost in senate The legislation would grant automakers a $7,000 tax credit for an additional 400,000 vehicles after they reach the 200,000 vehicle cap. Reuters | April 10, 2019 | 11:49 am
Revitalizing its copper mines may not be sufficient to keep Chile at the fore Demand for copper is expected to take off by the mid-2020s, but Chile is saddled with mines facing crippling declines in ore grades and a system that allows the bulk of its exploration concessions to sit idle. Reuters | April 10, 2019 | 11:38 am
From turbines to thermostats: copper miners eye high-tech demand Attempts to replace copper in a lithium-ion battery's anode with aluminum have failed so far, which bodes well for major copper miners. Reuters | April 10, 2019 | 11:29 am
First Cobalt targets Canada plant restart within 2 years — CEO The company is reportedly in talks to supply its battery-grade product to four leading automakers. Reuters | April 10, 2019 | 10:28 am
Copper producer KGHM may freeze more mines in Canada, US – CEO KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending. Reuters | April 10, 2019 | 10:20 am
Zimbabwe mulls ‘use it or lose it’ approach to mining rights Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals. Reuters | April 10, 2019 | 10:10 am
China’s Greatpower to start producing nickel sulphate by end-2019 – chairman The Chinese supplier of chemicals for lithium-ion batteries is also on the lookout for mine investment opportunities to guarantee supply. Reuters | April 10, 2019 | 9:57 am
Nearly 2,000 Zambian villagers can sue Vedanta in England – Supreme Court The latest ruling raises the prospect that other companies could face legal action in England related to their activities abroad. Reuters | April 10, 2019 | 9:51 am
Anglo Asian’s Azerbaijan gold output rises 5% in Q1 The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019. Reuters | April 10, 2019 | 9:27 am
Vale says BSG ordered to pay it $1.25B The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government. Reuters | April 9, 2019 | 4:02 pm
Rio Tinto says fire damages Pilbara iron ore operation The company does not say whether this would impact shipping of the mineral. Reuters | April 9, 2019 | 3:36 pm
