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Chilean Mining Commission to investigate insurance fraud denounced by Codelco
The Chilean parliament’s Mining Commission announced that it will investigate allegations against an insurance company accused by Codelco of inflating policies for workers at the Radomiro Tomic y Chuquicamata copper mines. Last week, Codelco filed a complaint before...
Taseko finalizes development plan for Yellowhead copper project
Taseko Mines has completed a new development plan and updated study for its Yellowhead copper project, 150 km northeast of Kamloops, British Columbia, adding 100 million tonnes to reserves and improving the economics. A new technical report pegs pre-production capital...
Rio’s Kennecott copper problems to last a year
Rio Tinto mined 557,400 tonnes of copper in 2019, a 5% drop over the year before due to lower grades, which the Anglo-Australian giant could only partially offset with higher throughput. All the major copper producers are plagued by aging mines and falling grades, but...
Battery nickel price regains premium over metal
Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries...