Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.
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Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.
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Output of the steelmaking material reached 366.5 million tonnes last year, boosted by record high productionat Vale's northern system, which composed of its Carajás, Serra Leste and the massive S11D mine.
On Thursday, Newcrest reported a 58% fall in half-year underlying profit, due to disruptions such as an earthquake hitting one of its key sites in 2017.
The post Australian gold miner Newcrest says profit slides on output disruptions appeared first on MINING.com.
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
For Mexico’s energy renaissance, a worst-case scenario looms.
The US Energy Information Administration said average first-of-the-month prices used to calculate US reserves dropped in 2016 compared with 2015. Natural gas and crude oil decreased by a respective 6% and 15% during the period.
TransCanada Corp. reported it will advance a $2.4-billion (Can.) expansion of its NGTL System to connect incremental supply and expand basin export capacity by 1 bcfd of natural gas at the interconnection with its Canadian Mainline.
The ranking minority members of the US Senate Energy and Natural Resources Committee and US House Energy and Commerce Committee asked the US Federal Energy Regulatory Commission for an update on environmental concerns stemming from construction of the Rover natural gas pipeline.
Neptune Energy Group, London, has acquired the 70% of Engie E&P International SA it didn’t already own, gaining interests in 148,000 boe/d of oil and gas production in the North Sea, North Africa, and Southeast Asia.