Mexico eyes bigger role in lithium, sees speculation in mining concessions

The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday.

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers.

Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida.

It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.

The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says.

Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine.

The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process.

The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.

Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.