July 31, 2023

Rio Tinto, Codelco join forces to find more copper in Chile

They will explore for the coveted metal in concessions held by Agua de la Falda, in which Rio has a 55% interest.

July 31, 2023

Magna’s Crean Hill nickel project PEA outlines after-tax NPV of $175m over 15 years

The base case scenario for the PEA envisions a combination of open pit and underground mining, with mineable resources being sold to a third-party existing mill in Sudbury.

July 31, 2023

Copper price hits three-month high amid demand hopes, supply risks

Beijing’s leadership has promised more support for the real estate sector and a reduction in the local-government debt burden.

July 31, 2023

Glencore buys Pan American’s stake in Argentinean copper project

Pan American is selling its 56% interest in the MARA copper project, added to its portfolio as part of the acquisition of Yamana Gold.

July 30, 2023

Chile’s Supreme Court awards $1.4 million to 31 of the 33 miners trapped in 2010

The Supreme Court ruling states that the National Geology and Mining Service and the Labour Directorate failed to comply with its legal obligation of conducting proper precautionary inspections.

July 30, 2023

The mining world turns to Saudi cash for critical metal supply

Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.

July 30, 2023

Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm

Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets.

July 28, 2023

Southern Copper getting more optimistic on stalled Peru mine

The company has been trying for years to convince local communities of the merits of the Tia Maria project.

July 28, 2023

Glencore in advanced talks for Argentina copper stake

Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project.

July 28, 2023

Hudbay’s Snow Lake discovery could stretch mine life beyond 2038

The company’s winter drilling program had uncovered a trove of new mineralized zones.