Strike threat rises at BHP’s Cerro Colorado mine after union vote

For 500 years, since the discovery of the giant Cerro Rico silver deposit at Potosi, Bolivia has tantalized visitors with its mineral wealth.

The change comes as the trading house founded by Marc Rich transitions from its swashbuckling roots toward a more conventional mining company.

Miner has launched the KL Gold Deal Room, an online tool to help attract, assess and refine investment opportunities.

It will invest again in miners Rio Tinto and Nutrien, as well as in retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked.

The miner expects to invest 525 million euros in the Centenario deposit with the aim of producing 24,000 tonnes of lithium carbonate equivalent per year.

Global copper mine production will see steady growth over the next few years, supported by markets with low operating costs and improving copper prices.

The strike at the mine entered its 11th day on Monday with no signs of agreement between the company and unions.

South America has long been a home away from home for North American-listed mineral explorers, developers and miners.

The Buriticá project has attracted the interest of major miners such as Newmont.