Page 58 - Escondida News Today

Small-scale Chilean miners left out of copper price bonanza Issued on: 09/07/2021 - 03:40 Chilean miners Carlos Pacheco (L), Hugo Moroso (C) and Juan Bugueno (R) are seen outside the Kiara copper mine on June 22, 2021 GLENN ARCOS AFP 4 min Antofagasta (Chile) (AFP) Hugo Moroso individually selects rocks he extracts from the small Kiara copper mine in the Vicuna Mackenna mountain range of northern Chile, home to the largest copper deposits in the worl...

What are the top Australian stocks in mining by market cap? We run through the five biggest companies in the space. Interest in Australia as an investment hub is on the rise, and one area investors are looking toward is Australian stocks in the mining sector.  The country is viewed as a mining-friendly location, with many incentives and initiatives geared at helping companies move forward. But what are the top Australian stocks in the mining space? Below we run through the largest ASX-listed ...

Chile is home to the world’s most established copper-mining industry and continues to be a hotbed of copper exploration activity. With a natural landscape rich in mineral resources,  it’s no surprise that copper mining in Chile is one of the country’s largest industries. As the top copper-producing country in the world, the South American nation’s name is synonymous with the red metal. Chile’s copper production is mostly based in the northern region of the country, and comes primar...

CATCHES OF THE WEEK ...

(Bloomberg) -- BHP Group averted a strike at its second-largest copper mine in Chile after workers at the Spence operation accepted a final wage offer on the last day of mediated talks.The deal will ease concerns over a potential stoppage that would have further tightened global supplies of the metal. It comes after staff at a BHP operations center in Santiago ended a strike and returned to work this week. Attention will now shift to wage talks at BHP’s giant Escondida mine.About 92% of t...

BHP dodges copper strike in Chile with eleventh-hour wage deal Spence copper mine. ( Image courtesy of BHP) BHP Group averted a strike at its second-largest copper mine in Chile after workers at the Spence operation accepted a final wage offer on the last day of mediated talks. The deal will ease concerns over a potential stoppage that would have further tightened global supplies of the metal. It comes after staff at a BHP operations center in Santiago ended a strike and returned to work. Sign...

U.S. ammunition makers are competing with Chinese companies for copper, a raw material that is essential to construction and the manufacture of computer parts and electric cars.

An African nation emerging from decades of conflict and corruption holds the key to greening the global economy, according to mining magnate Robert Friedla...

To try to reach agreement on a new contract and avoid a strike at the operation.

The union representing 1,100 workers at the mine in Chile's northern Atacama Desert said it hoped to reach agreement by the end of Thursday.