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Peru mines halted due to coronavirus. Chile to be hit soon.

Peru mines halted operations in mines due to government restrictions on coronavirus Neighboring Chile is awaiting coronavirus epidemic consequences. Pan American Silver company temporarily suspended operations...

Fair trade market with cocoa beans controlled by international companies

International cocoa beans traders began to buy harvests from local producers and exclude local buyers as they can offer higher prices to growers Local cocoa...

Mitsubishi to gain stake in Chile’s copper mine

Japanese holding Materials Corporation will pay $263 billion for 30% share in copper mine Mantoverde For months, the Japanese company have tried to find an...

Profit of mining company Livent Corp to decline due to lithium

American lithium company Livent Corp announced 87% drop in quarterly adjusted profit This year, the company forecast further decrease. The significant decline in economical results is...

Finland to be only uranium producer in the EU

The Finnish government agreed on Thursday that the state-owned Terrafame will extract and refine uranium in eastern part of the country As such, Finland will...

Trinidad cancelled agreements with Venezuela miner due to US sanctions

Trinidad and Tobago cancelled deals with Venezuela on joint development of natural gas on their maritime border due to US sanctions on Venezuela’s company...

Rhodium price at 11-year high due to automotive industry

If you invested $100 to rhodium last year, you would earn $250 today Price of this silver metal grew 2,5 times in a year. Rhodium rose...

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