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.

July 28, 2023

Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold

Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.”

July 28, 2023

Codelco sees lower copper output, more stoppages in 2023

Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier.

July 28, 2023

Vale doesn’t rule out IPO or merger of base metals unit ahead

Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1.

July 28, 2023

Grupo Mexico posts profit rise on copper sales, transport unit

The company reported on Thursday a 38% rise in second-quarter net profit on higher copper sales.