World’s top copper projects by capex — report

Global copper mine production is set to expand by 7.8% y-o-y in 2021 as a result of multiple new projects coming online, says Fitch.

MINING.com Editor | October 11, 2021 | 11:23 am

Samarco obtains extended creditor protection

Samarco filed for bankruptcy protection in April after failing to restructure 50 billion reais ($9.06 billion) in debt.

Reuters | October 11, 2021 | 10:02 am

New Peru PM says redrafting constitution is not a priority

Mirtha Vasquez, a former head of Congress, is the second person to become prime minister under president Pedro Castillo, who has been in the job just two months.

Reuters | October 10, 2021 | 2:26 pm

Antofagasta to test use of hydrogen in mining equipment

The copper miner has begun testing hydrogen-powered haulage truck at its Centinela copper mine, in northern Chile.

Cecilia Jamasmie | October 8, 2021 | 6:56 am

Vale opens door to base metal merger once its house is in order

The world’s second-largest producer of iron ore continues to weigh up the pros and cons of forming a separate company with its copper and nickel mines in Canada, Brazil and Indonesia.

Bloomberg News | October 8, 2021 | 4:48 am

Glencore’s Peru mine won’t proceed with Coroccohuayco project in near-term

The Coroccohuayco project would require an investment of $590 million to extract copper and gold.

Reuters | October 7, 2021 | 1:44 pm

Judge restores operating license at Vale’s Onça Puma mine

A state agency had suspended its operating license due to an alleged non-compliance with local regulations.

Reuters | October 7, 2021 | 11:04 am

Vale sees no near-term spin-off of base metals unit

It said part of the problem was the value of the business, which brings in $3.5 billion in revenue a year.

Reuters | October 7, 2021 | 10:56 am

Copper price rises on supply disruption worries

An indigenous community in Peru's Espinar province blocked a key mining road on Wednesday, in protest against the government and Glencore PLC's Antapaccay mine.

MINING.COM Staff Writer | October 7, 2021 | 8:53 am

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