Loading
BHP a step closer to boosting Olympic Dam copper output
The South Australian Government has advanced BHP’s proposal to increase copper production at the Olympic Dam mine from 200,000 to 350,000 tonnes per annum. It released assessment guidelines for the proposed expansion at Olympic Dam. BHP will be required to submit an...
Brazil court revokes decree that halted Vale operations
A Minas Gerais state court in Brazil has revoked a decree from Brumadinho municipality that suspended Vale’s operating license after health agents said that the company’s onsite activities have “not respected the rules of social isolation.” Brumadinho’s mayor Avimar...
Rio Tinto’s Kennecott starts drilling at Frisco
Rio Tinto’s subsidiary Kennecott has kicked off an initial four-hole 2,000m drill program at Alderan Resources’ Frisco copper/gold/silver project in Utah. Kennecott will spend an initial $6 million on exploration at the project area to gain a 55% interest in the...
Iron ore price surges on Brazil covid-19 crisis
Iron ore prices were closing in on triple digits on Wednesday as optimism about a quick recovery in China, where more than half the world’s steel is forged, combined with supply fears from Brazil, the globe’s number two supplier. According to Fastmarkets MB, benchmark...