August 2, 2024

BHP turns to mediation to avoid strike at Escondida

The last significant strike at Escondida, in 2017, lasted 44 days, hurt BHP's production and drove global copper prices up.

August 1, 2024

Workers at BHP’s Escondida mine in Chile reject contract offer, union says

Workers at the world's largest copper mine rejected an offer for a new collective bargaining agreement, setting the stage for a potential strike.

August 1, 2024

Gold Fields buys into Torq’s copper project in Chile

Gold Fields would spend $48 million over six years to acquire three-quarters of the 32.5-sq.-km project.

August 1, 2024

Capstone Copper updates Santo Domingo FS with optimized mine plan

The FS highlighted improved economics compared to the one released in 2020, including an after-tax net present value of $1.7 billion.

July 31, 2024

Adventus-Silvercorp deal to go ahead following favourable court ruling

In April, Silvercorp agreed to buy Adventus and its 75% interest in the El Domo copper-gold project in Ecuador for $145 million.

July 31, 2024

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

July 30, 2024

Codelco working very hard to boost copper output, CEO says

He added that Saudi Arabia mining officials who he met with the day before showed interest in Codelco's Maricunga lithium project.

July 30, 2024

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.

July 29, 2024

Saudis see Codelco as good option for lithium partnership

Codelco is navigating one of the most challenging periods in its nearly 50-year history after a series of setbacks at projects and mines.

July 29, 2024

South Star’s Brazil graphite mine to begin production in September

The Phase 1 plant has the capacity to produce approximately 12,000 tonnes per year of natural flake graphite concentrates.