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Copper: Antofagasta’s profit rises despite falling prices and increases dividend
Chilean miner Antofagasta has reported a 7.5% increase in half-year profits, thanks to higher copper sales that more than offset falling prices for the metal, which is considered essential for the world's transition to a greener economy. Earnings before interest,...
Bauxite: mining will increase exponentially in Vietnam
The Vietnamese government's decision to start bauxite mining in the northern region, focusing on three previously unexplored sites, marks a significant step towards resource diversification. This strategic move aims to exploit the potential of these unexplored sites...
Glencore acquires 56.25 percent stake in Mara Copper and Gold project
Multinational mining and commodities trading group Glencore will acquire a 56.25 percent stake in the Mara Copper and Gold project in Argentina. The Swiss group finalized the deal with Canada's Pan America. In a move to boost Glencore's shares, this agreement gives it...
Copper: Codelco and Anglo American discuss mining pact to increase production in Chile
Codelco and Anglo American are considering coordinating the mining activities of their adjacent copper mines in Chile in an effort to increase production and productivity. Talks are focusing on the possibility of allowing Codelco's Andina mine and Anglo's Los Bronces...