July 11, 2022

Iron ore price down on growing fears of weak demand in China

Chinese steel mills scale back output while nursing losses from high inventories and sluggish steel orders.

July 11, 2022

Copper price hits a 20-month low on recession fears

Money manager positioning on the CME copper contract is as bearish as it has been since Q1 2020, according to Reuters columnist Andy Home.

July 11, 2022

Cornish Metals kicks off new drill campaign at South Crofty

It will drill a minimum of 8,000 metres as part of an ongoing feasibility study at the tin-copper project in Cornwall, southwest England.

July 11, 2022

Eldorado Gold closer to restarting construction at Skouries project in Greece

Financing discussions continue to advance and the company is targeting the restart of construction in the second half of 2022.

July 11, 2022

Gold Fields hikes dividends to win Yamana deal backing

The company is also seeking a listing in Toronto to sway shareholders opposed to the planned $6.7 billion takeover of Canada’s Yamana Gold.

July 10, 2022

Court admits class action against Bolivian authorities accused of allowing illegal mining at national park

Two ministers, the directors of two national agencies and a governor are accused of allowing or promoting illegal gold mining in the Madidi national park.

July 10, 2022

Peru strives to keep dialogue going between Las Bambas, Indigenous as truce deadline looms

Las Bambas has said that it is unlikely to meet its 2022 production guidance if the conflict with Indigenous communities reignites.

July 8, 2022

Chile helps Dominican Republic identify lithium deposits

The Caribbean country has set up a special senate committee to investigate how best to commercialize and develop potential lithium resources.

July 8, 2022

BHP loses appeal to multibillion lawsuit over Samarco disaster

The lawsuit by 200,000 Brazilians over the deadly dam failure in 2015 alleges the miner ignored safety warnings.

July 7, 2022

Illegal gold mining in Amazon equivalent to half of Brazil’s production — report

According to Instituto Escolhas, there has been a seven-fold rise in deforestation caused by mining in the Amazon over the last seven years.