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Codelco gets $22 million refund from insurance fraud
Chile’s Codelco, the world’s top copper producer, has secured a $22 million-refund corresponding to damages caused to the company and its workers as a result of life insurance overpricing between 2005 and 2018. The state-owned miner filed a lawsuit in January after an...
Nevada Copper resumes production at Pumpkin Hollow
Nevada Copper has restarted milling operations at its Pumpkin Hollow underground project, following the temporary suspension of copper production in April due to the covid-19 pandemic.The operation will process approximately 160,000 tonnes of stockpiled material...
Overview Market Close – August 26, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,331.92 +83.48 +0.30% S&P 500 INDEX 3,478.73 +35.11 +1.02% NASDAQ COMPOSITE INDEX 11,665.06 +198.59 +1.73% NYSE COMPOSITE INDEX 13,042.54 0.00 0.00% S&P/TSX COMPOSITE INDEX 16,789.97 +172.49 +1.04%...
Bolivia’s largest mine suspends operations again due to pandemic
Bolivia’s San Cristóbal mine, a huge deposit of zinc, lead and silver, has suspended operations for a second time due to the coronavirus outbreak, it said on Monday, as covid-19 infections continued to spread in the landlocked South American nation. The company, a...