Chile's supreme court has confirmed a previous appeals court ruling that ordered state copper producer Codelco to pay the costs of the legal process i...
First Quantum Minerals (TSX:FM), is going to court over a disputed labour agreement at its Zambia copper mine, after talks between the company and unions collapsed.
Chilean copper giant Codelco is preparing new legal actions in its dispute with Anglo American (LSE:AAL) as the company is not satisfied with the documents submitted Wednesday to a civil court by the London-based company.
Freeport McMoRan Copper & Gold Inc will produce 80 million pounds less copper and 125,000 ounces less gold due to labour strife at the company's Grasberg mine in Indonesia.
Shares of Chilean miner Antofagasta PLC (LON:ANTO) were down 3.1% this morning after the company disappointed market hopes for a whopping special dividend and announced instead a cut on dividends and an increased spending on growth projects.
MarketWatch quotes Nomura economist Zhiwei Zhang as saying: "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."
