Senegal opposition coalition promises new currency and revamp of oil contracts

A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform on Saturday with promises to create a new national currency and renegotiate mining and energy contracts.

LME does not plan to launch green nickel contract

The London Metal Exchange (LME) does not plan to launch a “green” futures contract in nickel because the market for such a contract is not yet large enough, it said on Tuesday.

Fortescue’s Forrest urges LME to separate ‘clean’ nickel contracts

The London Metal Exchange (LME) should classify its nickel contracts into “clean” and “dirty” ones to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday.

Aurubis moves to terminate CEO’s contract after copper scam

Aurubis AG is preparing to terminate the contract of its chief executive and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam.

Codelco reaches contract agreements with 3 unions

Mining News Pro - Chilean miner Codelco, the world’s No. 1 copper producer, said on Monday it reached contract agreements with three unions, putting off the risk of a strike at the state-run giant.

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.

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.

Panama trade minister resigns after mining contract backlash

Mining News Pro - Panama’s Trade Minister Federico Alfaro announced his resignation on Thursday days after the country’s top court ruled a contract between the government and Canadian miner First Quantum unconstitutional.

First Quantum warns of arbitration as Panama weighs copper contract

Mining News Pro - Canada’s First Quantum intends to start arbitration against Panama, the Central American nation’s trade ministry and the company said on Sunday, as Panama’s top court considers annulling a copper contract that opponents call unfair.

Panama Supreme Court to decide First Quantum’s contract fate

Mining News Pro - Panama legislators approved on Thursday a Bill that originally sought to revoke First Quantum Minerals’ (TSX: FM) contract with the country’s government covering the Cobre Panama copper mine, but lawmakers decided at the last minute to eliminate that part of the Bill.

Panama’s president gives final approval to First Quantum copper mine contract

Mining News Pro - Panama’s president on Friday gave final approval of a law authorizing a new long-term contract for a major copper mine following lengthy negotiations that will ultimately provide state coffers with much more revenue from the project.

China’s copper buyers flex muscles in Codelco contract negotiations

Mining News Pro - Russian copper exports to China and expectations of surpluses have emboldened Chinese buyers to try and dictate how much they will pay to Codelco for the industrial metal next year, industry sources say.

First Quantum says open to adjusting contract for Panama operations

Mining News Pro - Canadian miner First Quantum said on Wednesday that it is willing to analyze and revise four points within the proposed contract between itself and Panamato regulate its operations in the country.

Panama suspends debate for First Quantum’s new mining contract

Mining News Pro - Panama’s National Assembly decided on Thursday to suspend the debate for a new contract with Minera Panama, the local subsidiary of Canadian miner First Quantum, as lawmakers seek a government revision of the current proposal.

Panama union workers block highways over First Quantum Minerals copper mine contract

Mining News Pro - Panama’s construction workers’ union blocked highways and marched on congress on Monday to demand that lawmakers reject a contract with Canadian miner First Quantum Minerals Ltd.

Panama lawmakers to visit First Quantum mine amid contract debate

Mining News Pro - Some Panamanian members of congress will visit First Quantum’s copper mine next week, as a vote looms on a contract which would guarantee the Central American government annual income of $375 million, a lawmaker said on Wednesday.

Codelco seals early contract deal with El Teniente supervisors’ union

Mining News Pro - Chile’s Codelco, the world’s largest copper producer, said on Thursday it had reached an early collective bargaining agreement with the supervisors’ union at its flagship El Teniente mine, avoiding the possibility of production stoppages.

Albemarle ends early contract deal with Chile supervisors union

Mining News Pro - Albemarle, the world’s top lithium producer, said on Friday it had closed an early collective bargaining agreement with its union of supervisors at its three locations in Chile.

MLG Oz secures key contracts

Mining News Pro - MLG Oz has announced that it is finalising a contract extension with Ora Banda Mining for two years, with a one year option to its existing arrangements for the provision of haulage and site services at the Davyhurst project.

Mt Carbine mine sees new contract

Mining News Pro - Golding Contractors has signed a contract with EQ Resources (EQR) for the restart of the open pit mining operations at the Mt Carbine tungsten project.

Tjiwarl Contracting partners up with Develop

Mining News Pro - Exploration company Develop has signed a Memorandum of Understanding (MoU) with Tjiwarl Contracting Services (TCS) to establish businesses that would provide contracting services to mine sites.

Congo President heads to China amid mining contract negotiations

Mining News Pro - Democratic Republic of Congo President Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal, people with direct knowledge of the trip said.

Iron Mine Contracting secure major mining deal

Mining News Pro - Iron Mine Contracting will continue its partnership with Liontown after it was awarded a multi-million-dollar open pit mining services contract in Kathleen Valley.

CME cobalt contract use soars above LME as big players join

Mining News Pro - Growing volumes for CME cobalt are expected to help the US exchange win market share in contracts for other materials used in electric vehicles such as lithium and aluminum.

Global steel industry body expects 2.3% contraction in demand this year

Mining News Pro - Global industry organisation the World Steel Association (worldsteel) forecasts that steel demand will contract by 2.3% this year to reach 1.80-billion tonnes.

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