Brazil’s Usiminas Q2 net profit falls 77% after forex losses

Country's copper output fell 2.1% to 493,538 tonnes.

Chile’s mining agency is leading the rescue efforts.

Company estimates that only in 9 years it should reach a production scale between 22-24 million tonnes of iron ore per year, the same level as before the failure of the Fundão dam.

Company and Salazar Resources announced new results from the copper-gold deposit in central Ecuador.

High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021, Fitch forecasts.

The Peruvian Ministry of Energy and Mines expressed today its opposition to the blockades affecting the world’s ninth-largest copper mine.

The total volume dispatched to global destinations from Australia and Brazil was 29.7 million tonnes from December 21-27.

Company has exercised its option to enter the farm-in phase of its joint venture to develop the gold project by making a $500,000 payment to Mirasol.

Curimining is developing the Curipamba copper-gold project, held by Canada’s Adventus Mining and Salazar Resources.