Barrick boosts inventory of “key commodities” due to coronavirus

Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.

The miner is now looking for new projects that will allow it to return more than 30% average value to shareholders, president Clive Newall said.

The copper miner controlled by Chile’s billionaire Luksic family, will cut jobs and costs through its new company Minera Centinela.

The company, already the world’s largest copper miner, wants to become one of the top silver producers too.

The appeal follows a confusing ruling in March this year that revoked the penalty, the largest ever imposed in the country, only to force the country's environmental watchdog to rewrite it.

Reality triumphed over my idealism: Beaty.

Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.

The move is part of a now two-year-long move to shed non-core assets and pay back debts.

Compare the depth that the Chilean miners were trapped with the Marianas Trench.