Rio Tinto says checking impact of gas pipeline incident on Gladstone operations
Rio Tinto said on Thursday it had been notified of an incident at its Queensland gas pipeline, which Australian media had earlier said was a fire that had impacted supplies.
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Oil and gas upstream M&A deal value hits highest Q1 levels since 2017
An ongoing consolidation in the US shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said.
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Sumitomo cuts nickel output forecast in Madagascar due to system glitches
Japanese trading house Sumitomo Corp on Monday slashed its output estimate of nickel at its Ambatovy project in Madagascar due to system glitches.
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Buenaventura sees Antofagasta as ally in copper growth plans
Mining News Pro - After a few weeks digesting Antofagasta Plc’s surprise entry into its shareholder register, Buenaventura sees the new investor as an ally in its copper growth plans rather than a rival eying control of the Peruvian firm.
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Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project
Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.
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Antofagasta goes ahead with $4.4 billion Centinela expansion
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) is going ahead with the planned $4.4 billion construction of a second concentrator at its Centinela copper mine in the country’s north, which will add 170,000 tonnes copper-equivalent a year to the company’s overall production.
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Buenaventura stock surges as Antofagasta takes 19% equity position
Mining News Pro - Buenaventura saw its shares surge in New York after the Peruvian miner disclosed that Chilean multinational Antofagasta plc has acquired an approximate 19% equity stake in the company.
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Workers at Antofagasta copper mine approve contract offer, averting strike
Mining News Pro - Workers at Antofagasta’s Centinela copper mine in Chile have voted overwhelmingly to approve a new labor contract, their union announced on Thursday, averting a possible strike.
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Antofagasta, union extend talks to allow contract vote
Mining News Pro - Workers at Chilean copper miner Antofagasta’s Centinela mine and the company agreed to extend talks to allow workers to vote on a new contract offer, the union said on Wednesday.
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Antofagasta loses bid to revive Minnesota copper-nickel project
Mining News Pro - A US judge has rejected a bid by a subsidiary of Chilean mining company Antofagasta Plc to restore canceled mineral leases for a proposed $1.7 billion Minnesota copper and nickel mine, which the Biden administration had blocked over concerns it could pollute a major recreational waterway.
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Rio Tinto inks agreement with Madagascar government on QMM operations
Mining News Pro - Rio Tinto (ASX: RIO) announced Wednesday it has reached an agreement with the government of Madagascar on future fiscal arrangements for QIT Madagascar Minerals (QMM) and renewed their partnership for its sustainable operation.
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Visit: 236
Antofagasta profit jumps despite lower copper prices, boosts dividend
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the world’s transition to a greener economy.
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Antofagasta’s Arriagada, Collahuasi boss frontrunners for Codelco’s top job
Mining News Pro - Chile’s state-owned Codelco, the world’s top copper producer, is said to have narrowed down the names for the company’s potential new chief executive to about five candidates, including Antofagasta’s (LON: ANTO) CEO Iván Arriagada.
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Chile’s drought hits Antofagasta’s copper output in Q1
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has been hit by a decade-long drought exacerbated by climate change.
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BHP, Antofagasta call for more dialogue in Chile copper royalty proposal
Mining News Pro - BHP and Antofagasta Minerals called on Tuesday for greater government dialogue to prevent a controversial copper mining royalty project from affecting competitiveness.
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US blocks mining in parts of Minnesota, dealing blow to Antofagasta’s Twin Metals copper project
Mining News Pro - The US Interior Department on Thursday blocked mining in part of northeast Minnesota for 20 years, the latest blow to Antofagasta Plc’s Twin Metals copper and nickel mining project but a step officials said is needed to protect the state’s vast network of interconnected waterways.
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Antofagasta 2022 copper output down 10%
Mining News Pro - Chilean miner Antofagasta on Wednesday reported a 10.4% fall in 2022 copper output, as lower ore grades and a drought in Chile continued to hurt production.
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New copper-based coating allows protective gear to detect toxic gases
Mining News Pro - Researchers at Dartmouth College have developed a durable copper-based coating that can be precisely integrated into fabric to create responsive and reusable materials such as protective equipment, environmental sensors, and smart filters.
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Antofagasta’s Los Pelambres mine in Chile hit by blockade
Mining News Pro - Antofagasta said on Thursday access to its Los Pelambres operation in Chile’s Coquimbo region is being blocked by a “small group of people, without connection to any specific incident or situation”.
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Iran is the fourth country producing Seal Gas compressors of direct regeneration unit
Mining News Pro - The thinking and strategy of maximum localization of equipment in Mobarakeh Steel Group, every time by building inside one of the sensitive and important equipment of the production lines, are being connected together like strong chain links, promising self-confidence and hope for the steel industry and be the country's economy.
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Antofagasta faces charges, fines for environmental breaches in Chile
Mining News Pro - The agency said on Wednesday that audits carried out at the mine site between June 2019 and January 2020 confirmed a community complain. This claimed the operation’s use of water was a threat to the Loa frog.
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Union at Antofagasta’s Los Pelambres mine reaches labour deal to avoid strike
Mining News Pro - Supervisors at Antofagasta Plc’s Los Pelambres copper mine in Chile have reached a new contract agreement with the firm that includes wage increases, bonuses and various benefits, the union said late on Thursday, avoiding the risk of a strike.
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Antofagasta’s Twin Metals sues US government over Minnesota copper project
Mining News Pro - Antofagasta Plc’s Twin Metals subsidiary sued the US government on Monday in a bid to revive its proposed Minnesota copper and nickel mine, which Biden administration officials had blocked this year over concerns it could pollute a major recreational waterway.
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Germany may resort to nuclear plants to plug Russian gas gap
Mining News Pro - Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.
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Antofagasta’s profit slumps on rising costs
Mining News Pro - Antofagasta posted a fall in half-year profit on Thursday, as higher costs, lower grades and a persistent drought in Chile hit the miner’s copper production.
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Visit: 467