MINING.COM

LME introduces 15% daily price limits for all metals

LME to trial electronic closing prices for nickel next year

The London Metal Exchange (LME) launched on Wednesday a consultation to trial in the first quarter of next year the use of its electronic system to determine closing prices of the three-month nickel contract instead of open outcry.

Reuters | August 1, 2018 | 10:20 am

Chilean workers vote to strike at world’s biggest copper mine

Workers at BHP Billiton Ltd's Escondida mine in Chile, the world's biggest copper mine, have voted to reject a company wage offer and go on strike.

Reuters | August 1, 2018 | 10:19 am

Rare blue diamonds may be Earth’s deepest secret

The Hope Diamond, a rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and heiresses and thieves. The geological history of blue diamonds is even more complex.

Reuters | August 1, 2018 | 5:23 am

Soaring Aluminum Drives Up Cost of Everything From Beer to Foil

Canadian craft brewers scramble for aluminum cans

Canadian microbreweries are facing a shortage of cans and higher costs, forcing some to cut beer production after the country imposed retaliatory import duties on U.S. aluminum imports in the busy summer season.

Reuters | July 31, 2018 | 2:53 pm

Workers at Chile’s Caserones copper mine vote to strike – union

The main union at Chile's Caserones mine has rejected operator Lumina Copper's final contract offer and workers have approved strike action.

Reuters | July 31, 2018 | 2:03 pm

Congo gives mines a month to release confined workers

Battery chemical surplus sparks plunge in cobalt price

A surplus of cobalt chemicals used to make the rechargeable batteries that power electric vehicles has seen Chinese refiners switch to producing metal, sending prices down 30 percent in recent months.

Reuters | July 31, 2018 | 11:17 am

A turbulent year for alumina market could get still worse

Alumina is having a turbulent year.

Reuters | July 31, 2018 | 10:20 am

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

BHP, Rio deals show lack of options beyond shareholder returns: Russell

BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.

Reuters | July 31, 2018 | 4:52 am

Brazil studying auction of rights to six unexplored mining areas in 2019

The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.

Reuters | July 30, 2018 | 4:18 pm

Union official at Chile’s Escondida mine predicts ‘overwhelming’ vote against BHP offer

Union members have until Wednesday to finish voting on the company's proposal.

Reuters | July 30, 2018 | 4:07 pm

First Quantum extends copper hedging, even as trade war clips prices

The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.

Reuters | July 30, 2018 | 3:38 pm

Turkish steel makers eye exports to West Africa amid US tariff setbacks

Turkey was looking to boost its trade with West Africa and sub-Saharan countries, where there is demand for the less capital-intensive steel products.

Reuters | July 30, 2018 | 11:11 am

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