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.

October 16, 2024

World’s top two iron ore miners raise output even as China slows

Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018.

October 16, 2024

Aclara advances rare earth separation technology

With the technology, Aclara aims to produce high-purity mixed rare earth concentrate from its Penco Module in Chile and Carina project in Brazil.

October 16, 2024

Brazil reviews caves decree in potential boon for mining and energy

Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves.

October 16, 2024

Brazil’s CSN to sell up to 11% of mining unit to Japan’s Itochu

The potential transaction still depends on additional corporate and antitrust green light.

October 16, 2024

Cosan not looking to sell Vale stake in short term, chairman says

Cosan is a Brazilian commodity giant with a stake of just over 4% in Vale.

October 16, 2024

Barrick reports lower-than-expected preliminary gold output in third quarter

It said an expansion at Carlin mine, completed during a shutdown in the third quarter, would support higher throughput and recoveries in the last quarter of the year.