South America Snapshot: Eight companies active in the region
Region’s prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore.
Latest Stories
Alrosa cuts 2020 production over falling demand
Company is cutting its output to 28-31 m carats, compared to initial guidance of 34 m carats.
Mining billionaire gets help from ex-spies in bitter legal fight
The Black Cube operation represents the latest escalation in a bitter fight between Vale and billionaire Beny Steinmetz.
Anglo American explores South Africa coal sale alongside spin-off
CEO Mark Cutifani previously said the company had already received interest from potential buyers both inside and outside of South Africa.
Heavy duty off-road bus wins prestigious design award
The Torsus Praetorian has been awarded the 2020 Red Dot for product design.
Gold price up as pressure builds on US-China relations
Analysts believe macro and geopolitical uncertainty should continue to support gold prices for 6-12 months.
Dominion Diamond unveils plan to avoid bankruptcy
It involves selling its assets for about $177 million, which could pave the way to restart its idled Ekati mine.
Chinalco proposes curbing China’s copper capacity
Country’s lawmakers are gathered in Beijing to decide policy objectives and economic targets for the year.
China Moly’s Congo copper-cobalt mine expects stable output this year
In 2019 Tenke Fungurume produced 177,956 tonnes of copper and 16,098 tonnes of cobalt.