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Mining fatalities among ICMM member companies decrease again

By: Marleny Arnoldi     22nd May 2019 International Council on Mining and Metals (ICMM) member companies recorded 50 fatalities in 2018, compared with the 51 recorded in 2017 and the 63 recorded in 2016. Eleven of ICMM’s 27 member companies reported no fatalities in 2018, compared with eight in 2017. These companies were Africa... 

Codelco strikes labour deal with supervisors at Salvador mine

By: Reuters     15th May 2019 State miner Codelco, the world's top copper producer, said on Wednesday that it had agreed on a new labour contract with the union of supervisors at its small Salvador mine in northern Chile. The union and company had entered into a government mediated negotiation earlier this month after... 

Trump administration opens up Minnesota wilderness area to copper mining

By: Reuters     15th May 2019 The US Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, a key step in opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups. The department's... 

Copper production in Peru, Panama to offset lower output in Indonesia, Zambia

By: Marleny Arnoldi     13th May 2019 After having grown by 2.5% in 2018, global copper production is expected to remain essentially unchanged this year, but will grow by 1.9% in 2020, the International Copper Study Group (ICSG) said in its ‘Copper Market Forecast for 2019/20’, released on Monday. ICSG met with global copper... 

Barrick excited about the DRC 

By: Martin Creamer     10th May 2019 Gold-mining company Barrick is excited about ongoing opportunities in the Democratic Republic of Congo (DRC), where it is making progress with the new mining code, Barrick president and CEO Dr Mark Bristow told Mining Weekly Online on Thursday. Bristow, whose Randgold Resources is now fully... 

Kinross evaluating Chile comeback, options for Mauritania expansion

By: Mariaan Webb     9th May 2019 Canada-based Kinross Gold is evaluating the potential for a return to long-term production in Chile and has completed the scoping study for the Lobo-Marte project, in the Maricunga district, about 80 km from its La Coipa mine. The scoping study results indicates that Lobo-Marte could produce... 

Lithium prices from mining giant decline even as demand soars

By: Bloomberg     8th May 2019 Lithium export prices from the world’s second-largest producing nation fell in the first quarter, marking the first decline for the mineral that is key to electric vehicle batteries since at least 2014. Chile exported lithium carbonate at an average price of $12 183 per ton, 0.9% down from the... 

Top copper miner output declines to lowest in more than a decade

By: Bloomberg     8th May 2019 The world’s top copper miner posted the lowest production in more than a decade during the first quarter after heavy rains hit its operations and output declined across all of its aging mines. Chile’s Codelco churned out 370 900 t in the first quarter of 2019, down 27% from the previous three... 

Top copper miner says price slump won't last for long

By: Bloomberg     6th May 2019 he world’s largest copper miner has a word of advice to the bears in the market: the downtrend in prices won’t last long. While the metal headed for its biggest weekly loss since November after weaker factory gauges in China and the US fueled demand concerns, those fears weren’t grounded on... 

Tesla manager sees risk of battery-minerals shortage in future

By: Reuters     3rd May 2019 Booming demand for electric vehicles and insufficient investment in mines could result in a global shortage of minerals needed to manufacture rechargeable batteries in a few years’ time, a Tesla representative told US officials and mining executives in a meeting in Washington. Prices for some of... 

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