Chilean copper mine workers have agreed to lift their strike after reaching an agreement with the state-owned Chilean National Copper Corporation (Codelco), it was announced Thursday.
Copper raced to its highest levels since January this week as speculators piled into the market, betting on further disruptions in top producer Chile and firm demand from the biggest consumer China.
Around 200 residents were evacuated from an area near a tailings dam in Brazil operated by Vale SA late on Saturday, amid fears that it was structurally weak and could burst like a similar barrier failure last month that killed some 300 people.
A group of international non-governmental organizations on Tuesday demanded that Brazilian miner Vale SA be excluded from the United Nations' corporate responsibility pact, after a mining dam burst that killed an estimated 300 people.
Barrick Gold Corp, the world’s biggest gold producer, said on Saturday it had halted earth-moving works at its Pascua Lama mine on the Argentina-Chile border following concerns about the health of workers at the site high in the Andes.