Peru simplifies procedures for approval of environmental studies, water use permits
A supreme decree orders the simplification of environmental certification procedures and water use permits required for mining exploration.
Latest Stories
First Quantum asks government for clarity on future of Cobre Panama’s workers
The Canadian miner issued a communiqué informing employees that it is uncertain how many people will be able to continue working at the operation.
Al Gore-backed group has a tool to decarbonize supply chains
The database covers more than 350 million sources of greenhouse gas pollution such as individual power plants, steel mills and mining operations.
Nine dead in Peru’s Poderosa mine after armed men raid
Peru’s national police took control of the mine, seized weapons, and detained seven suspects of the deadly attack.
Long-term sustainability uncertain if Panama operations end, says First Quantum CEO
The company has notified buyers it will not be able to meet agreements due to force majeure.
Gold price hits new all-time high
Gold futures trading in New York shot up 1.6% on Friday closing at $2,089.70 per ounce, surpassing the previous high set on August 6, 2020.
Founders Metals’ high-grade hits hint at Guiana Shield bounty for Antino project in Suriname
The junior miner is closing off the year with drill results as high as 13 metres at 14.03 g/t gold.
Fitch sees industrial metal prices falling in 2024, gold set to rise
London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.
Peru mining output grows 3.14% in October, slowest in 8 months
Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively.
