SilverCrest updates drilling at Las Chispas

S11D is the most recognized four letter word in the iron ore world.

It jumped 30% in July when compared to the same month last year.

The goal is to apply the latest technology available to cut costs and bring additional value out of existing operations.

Miners at one of Chile's largest copper operations walked off the job on Friday morning after rejecting the majority-owner's final offer in collective wage talks.

For the first eight months copper concentrate imports are up 35% at nearly 11 million tonnes.

Salvador, Codelco’s smallest operation, has been battling to turn a profit after dwindling ore grades pushed up production costs.

An increase in industrial action is usually bad news, but copper producers should be cheering the souring relationship between Chilean mine workers and firms.

Exploration at Hot Chili Ltd.'s Productora copper project, located in Chile, has uncovered a gold resource at Sierra Zapallo, prompting analyst Trent Barnett of Hartleys to upgrade the company to a Speculative Buy.

The heavy machinery maker expects market conditions to remain weak through 2017.