The company will pay between $531 million and $956 million depending on the offer's level of acceptance by Volcan shareholders.
Latin America Mining News
A global energy transition is underway, with lithium-ion as one of the leading energy storage technologies for both handheld technology and electric cars.
Operations have been suspended since a June 9 incident that flooded the mine, killing three workers.
Staff sitting hundreds of km away oversaw successful pilot run.
As the world’s premier precious metals equity event, the Gold Forum attracted 1,000 attendees who conducted a record 3,900 meetings.
The contract includes 8,000 hectares of federal lands in the northern region of Antofagasta, and will require an investment of nearly $1 billion.
Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.
Scientists say that under the peculiar conditions present deep in the Earth's mantle, iron carbonates can play a role in forming diamonds.
It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.
Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.
Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained.
Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.
The global mining conference will be held in Buenos Aires, Argentina from 15 – 16 February 2018.
The Mineracao Rio do Norte (MRN) bauxite mine is experiencing problems with its tailing systems due to a water shortage caused by dry weather.
A look into the work experiences, lives, and health risks of garimpeiros, illegal Brazilian gold miners.
Public prosecutor for the state of Minas Gerais, where the iron ore mine is located, ordered the company to reschedule two public meetings as it had failed to inform of it to all communities potentially affected by the planned expansion.
Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.
Benchmark price down 7.4% on Thursday.
Company is doubling down on efforts to find early-stage mining projects to acquire and is open to deposits that depart from its focus on silver and gold.
He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.
Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15.
BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.
Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project.
Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.
The company is also interested in investing in the electricity sector itself or through a joint venture.