Fresnillo shares drop 14%
The drop came after the metals producers cut production guidance, pointing to disruption caused by Covid-19 and new labour laws.
By
Company News
Latest in
Company News
BHP starts autonomous drilling at Chilean copper mine
The mining giant plans to deploy five autonomous drills at its Spence operation.
Teck Resources announces new deal for Highland Valley Copper employees
The five-year deal will include a 2% per year wage increase and a C$20,000 signing bonus for all active union…
By
Rio Tinto and Mongolia settle long-running copper mine dispute
From 2028 to 2036, the project is expected to have an average production of 500,000 tonnes of copper a year.
Serbia annuls Rio Tinto’s $2.4bn lithium project permits
The Jadar mine was expected to produce 2.3 million tonnes of lithium carbonate during its 40-year lifespan.
Miners’ unions threaten strikes at Sibanye-Stillwater operations
A strike across the South African miners’ operations seems likely following failed wage negotiations between the company and unions.
By
Astro Resources plans to spin-off diamond assets
The spin-off is planned to be carried out in the form of an IPO on the ASX.
Lithium Power to demerge Western Australian lithium assets
Upon demerging, the company intends to focus on developing its Maricunga Lithium Brine Project in Chile.