Hochschild says 27 workers killed in Peru bus accident

The Vancouver-based miner said that management decided to leave Purickuta due to “unworkable property conditions."

Toronto-based private-equity firm Waterton Global Resource Management is pushing for an overhaul of Hudbay Minerals’ board and the exit of the CEO, Alan Hair, over alleged "mismanagement."

CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.

The new police unit has already had some success, arresting 11 people and seizing about 60 tons of mineral stolen from the copper mines.

All so-called upstream dams need to be decommissioned or removed by August, 2021, according to a resolution the National Mining Agency published on Monday.

The tailings dam at the iron ore mine is inactive so the miner said the evacuation is precautionary.

The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China.

Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021.

The disaster has called into question the willingness of investors and lenders to continue funding the broader industry.