Chile covid cases surge dents Antofagasta copper output

Figure is fivefold increase from August, up 3,400% y/y

The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.

Previ intends to reduce its stake in the miner over the medium-term.

The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the energy consumed.

Nutrien’s executive vice-president Michael Webb, described Julio Ponce, the Chilean miner’s top shareholder and former chairman, as a “hypocrite” and urged him to “look beyond himself."

He is said to have already begun training three to four people to succeed him in the job.

Ascendant is in the middle of a 30,000 metre infill drill program at El Mochito as it tries to increase mine life and reserves.

Private equity firm Waterton Global Resource Management, which now owns about 7 percent of Hudbay, called meeting after the Canadian base and precious metals refused a proposal for board changes.