Brumadinho dam disaster shrinks Vale iron ore output 34%

London's Sunday Times reports Anglo American is close to a deal to hand over a share in the Los Bronces copper project to Chile's Codelco at "a discount of several billion dollars" some time this week. If the report is correct it would provide further ammunition to those calling for Anglo CEO Cynthia Carroll's head.

"We are not going to see the spectacular growth rates of 10, 12 percent per year."

Mexico-focused First Majestic Silver's (TSX:FR) (NYSE:AG) joined the group of silver producers that have been hit hard by the falling prices of the precious metal, as the company’s reported a profit drop of 50% year-on-year in the second quarter.

The chairman of Chile's state-owned Codelco, Gerardo Jofre, said Tuesday that an eventual change of management in London-based Anglo American (LSE:AAL) shouldn’t affect the ongoing negotiations between the miners over the long-disputed assets in the south of the country.

Despite reporting a 14% increase in silver production and record quarterly gold output, Pan American Silver Corp.'s (TSX:PAA) second-quarter earnings slid 61%, as the miner was hit by a double-digit decline in the precious metal prices.

The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.

Waymar Resources (TSX-V: WYM) rocketed on Monday on 24 times higher than usual trading volumes, after announcing the best drill results yet from its Anza project in Colombia.

The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.