Chile greenlights Latin America’s largest desalination plant
The ENAPAC project is meant to serve mainly the mining industry, which is very active in Chile’s dry, but copper and lithium-rich north.
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Barrick’s Bristow bet seen as boosting South America revival
Barrick’s South America team “will be focused not only on bringing to account and dealing with the challenges around Pascua-Lama and Veladero,’’ but also on expanding assets and partnerships in Peru, Bristow said.
Tesla gets Panasonic’s help with ahead-of-schedule battery plant
Panasonic Corp. is taking steps to help Elon Musk solve the “production hell” problem that has plagued the car that’s key to making profits.
Freeport, Rio formally yield control of giant Grasberg mine to Indonesia
Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.
Ford CEO says Trump metals tariffs took $1B of profit
Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.
Summer work in Golden Triangle paves way for final feasibility
After delays caused by adverse weather and fires, Seabridge Gold Inc announced that its summer program is meeting its objectives.
Congo leader vows elections to proceed on schedule in December
DRC President Joseph Kabila vowed delayed elections will take place as planned this year.
Make sound mine project investment decisions in a risky business
Every investment carries a certain level of risk that can impact the return. For mining projects, the actual return on investment may differ substantially from that estimated during earlier project phases.
New AngloGold boss weighs asset sales to unlock value at miner
AngloGold Ashanti Ltd.’s new CEO, Kelvin Dushnisky, said his goal of unlocking value at the world’s third-largest gold producer will involve focusing on its best assets.