President Nicolas Maduro has been striking deals with bigger miners, seeking more production and more revenue for the treasury.

Double-digit losses have been the norm for fixed-income investors in 2022.

Shares in the world’s No. 2 iron ore producer and major nickel supplier surged 11% this week, outpacing peers.

Workers at Chile’s Escondida, the largest copper mine in the world, agreed to temporarily suspend a work stoppage planned for next week to meet with local regulators.

The newly created royalty covers approximately 1,310 hectares of existing resource and prospective, near-resource targets.

SMA has asked the miner to implement seven measures to control risks linked to the rescue of hydrocarbons.

Workers at BHP's Escondida threatened on Wednesday to go on strike over what they described as safety concerns.