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Nickel price catches battery, export ban fever. Again

19 July 2019 - 16:06
Nickel is adding shine to the otherwise lacklustre 2019 industrial metals complex, as expectations of booming demand from electric vehicles and renewed supply worries rev prices to a one-year high.

Chile a step closer to scrapping copper sales funding for military

19 July 2019 - 15:39
Chilean lawmakers have unanimously approved changes to a law that forces state-own Codelco, the world’s largest copper producer, to transfer 10% of its annual export sales to the country’s armed forces.

Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi

17 July 2019 - 21:25
The world’s No.2 miner, Rio Tinto, (ASX, LON, NYSE:RIO) is once again in trouble in Mongolia, but this time it is not related to the government questioning the legitimacy of the ongoing underground expansion of its giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project.

Turquoise Hill’s stock tanks on Mongolia troubles

17 July 2019 - 21:19
Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion.

Fresh opposition to Southern Copper’s billion-dollar project in Peru

17 July 2019 - 21:10
Southern Copper Corp (NYSE:SCCO), the world’s fifth largest producer of the red metal in terms of output, is once again facing community opposition to its long-delayed $1.4 billion Tia Maria copper project in Arequipa, southern Peru.
CEO of NICICO at the meeting of production in "Shahre Babak Copper Complex" announced:

The First Phase of Water Transfer Plan To Exploit Early Next Year

17 July 2019 - 02:57
ME-METALS: By the purpose of consideration of production of ”Shahre Babak Copper Complex”, till mid of July this year, the meeting regarding the production of this complex, held in this company on Sunday evening (07 July 2019), with the participation of "Dr. Ardeshir Saad Mohammadi" CEO of NICICO.

Antofagasta, Barrick get almost $6 billion after legal win against Pakistan

16 July 2019 - 14:56
A World Bank’s tribunal has awarded almost $6 billion to Tethyan Copper Co. (TCC), a joint venture between Antofagasta PLC (LON:ANTO) and Barrick Gold (TSX:ABX) (NYSE: GOLD) Pakistan, settling this way a seven-year battle over a multi-billion-dollar copper and gold reserve in the country.

Rio could fast-track key Australia copper find before U.S. asset

15 July 2019 - 18:05
Rio Tinto Group’s much-followed copper discovery in remote Western Australia could leapfrog a key U.S. project to be fast-tracked into production by the world’s No. 2 miner, according to a senior executive.

University study confirms porphyry systems at Jaxon’s BC project

14 July 2019 - 17:45
Quartz tourmaline breccia has been identified as indicative of porphyry systems at Jaxon Mining’s (TSXV: JAX) Red Springs project in western Canada.

Chile to triple fines for environmental damages, infractions

14 July 2019 - 17:41
Chilean President Sebastian Piñera has submitted a series of modifications to a bill introduced earlier this year which would set stiffer fines and jail time for serious violations of the country’s environmental rules.
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