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Non-ferrous metals: power shortage in China disrupts operations
Authorities in several regions of China facing scorching heat have issued power supply alerts, including a call for a total ban on energy-intensive industrial production for a week in the city of Chongqing, prompting ferrous and nonferrous industry operators to seek...
Copper: Chile imposes measures against Lundin Mining over giant sinkhole
Chile's environmental regulator SMA said Tuesday it has issued a series of measures against a copper mine owned by Canada's Lundin Mining Corp after a sinkhole opened up near one of the company's mines. The SMA ordered six "urgent and transitional" measures as it...
Copper: Codelco will resume construction of mining projects in the coming days
Chilean state-owned Codelco, the world's largest copper producer, plans to resume construction of mining projects in the coming days after two fatal accidents put work on hold last month. "We will take as much time as necessary so that all our processes, all our...
Turquoise Hill rejects takeover offer of Rio Tinto for $2.7 billion
Canada's Turquoise Hill Resources has rejected an offer by majority shareholder Rio Tinto to buy the 49 percent stake it does not yet own in the company for $2.7 billion, saying it did not reflect its full and fair value. The decision by the special commission...