October 21, 2024

Peru’s Chinese-built mega port to soft launch in late November with Shanghai route

Cosco Shipping Ports owns and will operate the port with a 60% stake, with 40% held by Peruvian miner Volcan, which is controlled by Glencore.

October 18, 2024

Brazil to seal $30 billion compensation deal with BHP, Vale over 2015 dam collapse

As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement amount or terms.

October 18, 2024

G Mining-Reunion Gold spinout Greenheart raises $26 million for exploration

Greenheart is focused on regional assets outside of Oko West in the Guiana Shield.

October 18, 2024

Petrobras inks deal to supply Vale fuel with renewable content

Petrobras and Vale are two of Latin America's largest companies by market value.

October 18, 2024

Vale to hold hearing on Bacaba copper project in Brazil

Vale plans to replace copper production from the depleting Sossego open pit mine with output from Bacaba by 2026.

October 17, 2024

Colombia mining group warns government decree puts sector at risk

The decree, published at the beginning of this year, allows Colombia's environment ministry to declare areas as natural resource reserve zones for a five-year period.

October 17, 2024

Itochu’s deal to buy stake in Brazil’s CSN Mineracao implies 26% premium

CSN announced the deal to sell up to 11% of CSN Mineracao to Itochu early Wednesday.

October 16, 2024

BHP iron ore output beats, copper production edges up on better grades at Escondida

The global miner completed the debottlenecking work at the port at its Western Australia operations, boosting iron ore output.

October 16, 2024

Peru’s August copper output jumps 11% after five-month decline

Peru produced more in August largely thanks to Glencore's Antamina, which produced 26.5% more of the red metal year-on-year.

October 16, 2024

NEGx Minerals to raise $127 million for projects in South America

Net proceeds will be used predominantly used towards furthering exploration at the 100%-owned Lunahuasi epithermal project.