Canada’s Teck Resources profit rises on higher sales volumes Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million. Reuters | April 24, 2018 | 11:16 am
Chile’s Copec to buy stake in copper project in Peru Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018. Reuters | April 24, 2018 | 11:06 am
Congo’s state miner seeks to dissolve Glencore venture over debts Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion. Reuters | April 24, 2018 | 9:54 am
Union at BHP’s Escondida copper mine in Chile says no advance deal likely The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine. Reuters | April 24, 2018 | 9:44 am
Caterpillar results prove global economy in good shape The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations. Cecilia Jamasmie | April 24, 2018 | 9:40 am
Freeport profit misses on lower-than-expected copper sales The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit on Tuesday as red metal sales missed the company's forecast. Reuters | April 24, 2018 | 4:45 am
Anglo delays Minas Rio restart until year-end, will lose about $400 million The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes. Cecilia Jamasmie | April 24, 2018 | 2:45 am
Peru expects $20.8 billion in mining investments Only in 2019, Lima expects to receive $2.9 billion in mining investments. Valentina Ruiz Leotaud | April 23, 2018 | 6:06 pm
Commodities: the top asset class of 2018 so far If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003. Visual Capitalist | April 23, 2018 | 2:30 pm
