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Corriente Resources’ mining camp in Ecuador set on fire
The Esperanza camp, which is part of the San Carlos Panantza mining complex in Ecuador, was intentionally set on fire and destroyed this weekend, according to information made public by the Ministry of Energy and Natural Non-Renewable Resources. The copper project,...
South Africa lockdown to hit Anglo American output
Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most. The company, founded in South Africa more than 100 years ago, said production at...
Gap between no. 1 and 2 copper miners widens as Codelco output drops 5.3%
Chile’s Codelco, the world’s second-largest copper miner, has lost more ground among the metal’s top tier, after reporting that output for 2019 had fallen by 5.3% to 1.588 million tonnes. BHP, the world’s biggest mining company, churned out 1.749 million tonnes of...
Freeport-McMoRan in talks to allow limited operations at Peru’s Cerro Verde mine
Freeport-McMoRan Inc said on Thursday it was in talks with the Peruvian government to conduct limited operations at its giant Cerro Verde mine after the country extended a national emergency due to the coronavirus outbreak to April 12. The mine was temporarily...