Seven claimants are demanding around half a million euros in damages from the company.

The Alacran deposit is part of the San Matias development.

Total nickel reserves are estimated at 94 million tonnes globally, with Indonesia and Australia among the countries holding the largest endowments.

Oz Minerals has an option to purchase Vale’s share of the copper-gold project.

After six years of lying idle, the Alumar aluminum smelter in Brazil is about to restart operations.

Mining is a key source of tax revenue in Peru and the new leftist administration of President Pedro Castillo has repeatedly said it wants to increase mining taxes to pay for new social programs.