RPT-Could a union halt production at the world's biggest copper mine? Repeats story published overnight, no changes to text Escondida union unafraid to push hard in pay talks 44-day strike in 2017 drove up copper prices Cashed up union stronger now than in 2017 By Fabian Cambero and Alexander Villegas SANTIAGO, Aug 13 (Reuters) - A powerful workers union behind a strike at BHP's BHP.AX huge Escondida mine, which produced nearly 5% of the world's copper in 2023, is looking to snarl production at

China's XCMG signs deal with Simfer for giant Simandou iron ore project BEIJING, Aug 14 (Reuters) - China's Xuzhou Construction Machinery Group (XCMG) has signed an agreement with global miner Rio Tinto's Simfer to supply equipment for its giant, untapped Simandou iron ore project in Guinea, the Chinese company said on Wednesday. China's leading construction machinery manufacturer, headquartered in east region of Xuzhou city, will provide core mining equipment with a total value of nearly 800 mi

Australia shares boosted by corporate earnings, soft US data Financial stocks mark 5-day rally Miners hit almost 2-year low NZ50 hits highest level since Jan 2022 RBNZ cuts rates for first time in 4 years Updates to close By Adwitiya Srivastava Aug 14 (Reuters) - Australian shares ended higher on Wednesday, buoyed by better-than-expected corporate earnings from top firms such as the Commonwealth Bank of Australia and energy producer AGL Energy, while mining stocks fell on disappointing China dat

Could a union halt production at the world's biggest copper mine? Escondida union unafraid to push hard in pay talks 44-day strike in 2017 drove up copper prices Cashed up union stronger now than in 2017 By Fabian Cambero and Alexander Villegas SANTIAGO, Aug 13 (Reuters) - A powerful workers union behind a strike at BHP's BHP.AX huge Escondida mine, which produced nearly 5% of the world's copper in 2023, is looking to snarl production at the site as it pushes for a bigger share of profits.

BHP says Escondida mine is "operating;" union has declined new talks SANTIAGO, Aug 13 (Reuters) - BHP said on Tuesday that its Escondida copper mine in Chile, where workers began a strike in the morning after pay negotiations fell apart, "continues operating." The miner also said in a statement that the union had declined an invitation to restart talks, and that it had begun to remove striking workers when it activated a contingency plan.