Chile’s Escondida mine, union will talk longer; hope to avert strike

If company and union leaders reach a consensus, the mediation would be further extended for several days so the 2,459 workers can vote to accept or reject the new offer.

Reuters | August 14, 2018 | 11:33 am

South Africa’s mines minister concerned about Gold Fields job cuts

South Africa mines minister said on Tuesday he was concerned by bullion miner Gold Fields' plan to cut around 1,100 jobs without due regard to processes outlined in the Mineral and Petroleum Resources Development Act.

Reuters | August 14, 2018 | 11:20 am

Japan utilities, Glencore set annual coal contract at $110/T

Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne.

Reuters | August 14, 2018 | 10:36 am

Miner Antofagasta’s H1 earnings fall, trade tensions cloud demand outlook

Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier.

Reuters | August 14, 2018 | 10:23 am

Union at Chile’s Caserones copper mine extends mediation with company

The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday.

Reuters | August 13, 2018 | 3:44 pm

China may end up inadvertent winner from Trump’s aluminium tariffs: Russell

It's probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10% import tax will be China's producers.

Reuters | August 13, 2018 | 3:35 pm

Kudu gas project might not be viable for Namibia – Energy Minister

Namibia's long-delayed Kudu gas-to-power project, seen as key to boosting electricity security in the southwest African country, might not be viable.

Reuters | August 13, 2018 | 3:00 pm

Brazil steelmaker Usiminas resumes some operations after plant blast

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers.

Reuters | August 13, 2018 | 12:48 pm

Seven die in Pakistan mine blast, six missing

A mine explosion in Pakistan's southwestern city of Quetta killed at least seven coal miners, a mining official said on Monday, with authorities expecting the death toll could rise.

Reuters | August 13, 2018 | 12:33 pm

Electric car bets boosting nickel demand, Nornickel says

Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal.

Reuters | August 13, 2018 | 11:18 am

Chile braces for potential strike at Escondida copper mine

Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida.

Reuters | August 13, 2018 | 11:01 am

Russia’s richest lose $3.1B as tax plan hits shares

Russia’s super-rich tycoons lost more than $3 billion in one day.

Reuters | August 13, 2018 | 10:43 am

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