June 7, 2024

Copper output from Codelco slides 6% in April

Copper output also fell during the month at Chile's Escondida mine, though it edged up 1.9% in Collahuasi mine.

June 7, 2024

Brazil adds Vale to so-called “dirty list” after contractor subjected workers to slave-like labour

Vale said that its inclusion in the list is incorrect and that it will take the necessary steps for its immediate removal.

June 7, 2024

Sibanye loosens debt covenants to boost cash amid lower prices

The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities.

June 7, 2024

Codelco targets 2030 start at Maricunga lithium project

Construction at the project, dubbed “Paloma”(dove), is expected to start in early 2027, with Codelco's partner to be announced in early 2025.

June 6, 2024

Codelco chairman says SQM lithium deal on track, despite Tianqi dispute

Chile's financial regulator is currently reviewing Tianqi's complaint, and has said that the company could appeal the decision in the court system.

June 6, 2024

Vale invests $340 million in Carajás Railway locomotive fleet improvement project

The miner closed a 10-year deal with Wabtec to optimize the maintenance services for its fleet in the Estrada de Ferro Carajás.

June 6, 2024

Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse

The government has also set a 12-year period for the payments to be made.

June 6, 2024

Botswana may raise De Beers stake as Anglo weighs spin-off

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

June 6, 2024

Newmont CEO sees copper demand boom driving mining deals

Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand.

June 6, 2024

Peru authorizes Barrick to explore mining at southern border

Peru's constitution requires foreign private investment within 50 kilometers of the country's border to be approved by the cabinet of ministers.