Peru's copper, zinc, gold, iron ore, molybdenum and steel production all rose in September, boosting overall GDP for a second consecutive month.
The Brazilian mining giant reported a fourfold hike in net income last quarter following the initial results of its cost management matrix approach.
The investment by Jiuquan Iron and Steel Company will boost production capacity at the Alpart alumina plant, and includes a new power plant and port expansion.
The project, owned by local mining firm NX Uno de Peine, has been under evaluation since 2009.
The latest news from junior mining companies operating in Argentina and Mexico.
Orla Mining plans to quickly advance the Camino Rojo gold-silver project in Mexico to a construction decision, while evaluating an additional sulfide operation at the asset, recently acquired from Goldcorp.