Peruvian farmer who died in protest against MMG’s Las Bambas mine was shot to...
A Peruvian farmer who died Friday during protests against MMG’s giant Las Bambas copper mine, which came online this year, was shot to death, authorities have confirmed Monday. Interior Minister Carlos...
View ArticleProtest ends at MMG’s Las Bambas copper mine in Peru, exports to resume
Copper exports from MMG’s giant Las Bambas mine in Peru, which came online this year, are set to resume later this month or early November after a 10-day stoppage caused by protests against the...
View ArticleMMG’s Las Bambas copper mine forced to file new environmental plan
The Peruvian government has asked MMG to resubmit an environmental plan for its Las Bambas copper mine, in order to include more feedback from local communities. The country’s vice president, Martin...
View ArticleCopper price drops despite outages at world's biggest mines
In New York on Thursday copper for delivery in March declined 1% at $2.6410 per pound or $5,822 a tonne despite news of strikes at three mines responsible for some 10% of total global output. Last...
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Giant Peru mine blockade lifted after state of emergency
Copper retreated from 2½-year highs on Friday with futures contracts in New York failing to scale the $3.00 a pound level. Copper's 2017 year to date gain is still around 18% and the red metal has...
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Congo just gave the cobalt price another big boost
Miners and explorers knew that the Democratic Republic of Congo would be raising taxes and royalties, but were blindsided on Wednesday when lawmakers of the country voted in favour of an immediate...
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Last hurrah for the zinc price
Image: Glencore Zinc hit a four month low of $3,135 a tonne on Thursday, down more than 12% from its decade high achieved mid-February. Rising fears about trade protectionism have taken the shine off...
View ArticleRio Tinto signs JV exploration deal with China’s Minmetals
World’s No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest...
View ArticleSmelting constraints make zinc's price plunge look overdone
LONDON, July 17 (Reuters) – Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the...
View ArticlePeru community blocks road for copper transport by Chinese miner MMG
An indigenous community in Peru has blocked Chinese miner MMG Ltd from using a road to transport copper from its massive Las Bambas mine to a port for shipment for the past 10 days, a lawyer...
View ArticleMMG’s subsidiary in Peru rejects blockade at Las Bambas, asks for dialogue
Following this week’s efforts by Peruvian authorities to mediate in a 2-month long conflict, Minera Las Bambas issued a statement saying that management is willing to look for a consensual solution...
View ArticlePeruvian judge jails lawyers for three years over copper mine blockade
A Peruvian judge on Wednesday ordered three years of jail time for three lawyers representing indigenous villagers who have blockaded shipments from a massive copper mine operated by Chinese miner MMG...
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MMG’s subsidiary in Peru reaches deal with blockaders at Las Bambas copper mine
Following a mediation session led by representatives of Peru’s national government, Indigenous leaders and executives from Minera Las Bambas, a subsidiary of China’s MMG, reached an agreement that puts...
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MMG’s Las Bambas copper mine threatened with new blockade
Less than a week after agreements were signed and protesters lifted a blockade impeding trucks from bringing copper into the markets from MMG’s Las Bambas mine, there are threats of a new rally just...
View ArticleCommunity around MMG’s Las Bambas mine holding its breath
Following a two-month blockade that ended in mid-April, negotiations are still ongoing between Peruvian authorities, the community of Nueva Fuerabamba and Minera Las Bambas, a joint venture project...
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