July 29, 2021

Water crisis threatens iron transport on key Brazil river

The Parana River Basin in central Brazil is experiencing its worst water crisis in 91 years.

July 29, 2021

Vale revises down year-end iron ore output

The company revised down its guidance for year-end iron ore production capacity to 343 million tonnes per annum from 350 million tonnes previously.

July 28, 2021

Vale’s second-quarter buoyed by iron ore prices, hit by provisions

Vale reported a Q2 net income of $7.586 billion, up over 600% from the same period a year ago, but slightly below the Refinitiv consensus estimate of $7.67 billion.

July 28, 2021

World’s top copper mine moves step closer to strike over wages

The powerful union at Escondida in Chile set to vote on BHP's contract offer between Thursday and Saturday - leaders are urging a strike.

July 28, 2021

Rising supply to push copper price further below record peak

Experts say large brownfield and greenfield projects close to being commissioned or are already ramping up will hit copper prices.

July 27, 2021

Chile environmental regulator files charges against Lundin’s Candelaria mine

Copper-gold mine could receive a fine of up to about $23 million, see its environmental credentials revoked or have to close down.

July 27, 2021

Copper price down on pressure from rebounding dollar

Prices snapped a five-session winning streak under pressure from a rebounding dollar as investor focus shifted to a US Federal Reserve meeting.

July 27, 2021

BHP delivers final offer to workers at Chile’s Escondida copper mine

Negotiations over the past two months between the company and its powerful workers' union over a new labor contract have been conducted in utmost secrecy.

July 27, 2021

London judges reverse course to reopen $7bn Brazil dam lawsuit against BHP

Court has revived case over collapse of the Fundao dam, owned by the Samarco venture between BHP and Vale.

July 26, 2021

Peru road blockades hit MMG’s Las Bambas copper mine once again

Residents of three communities in the Chumbivilcas province of the Andean region of Cusco began the blockade on July 23.