July 25, 2024

Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says

Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country.

July 25, 2024

First Quantum mine not on agenda this year, says Panama President

The Panamanian President said Cobre Panama will be addressed as needed, but stressed that there are currently more important priorities such as the social security fund.

July 25, 2024

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

July 24, 2024

Codelco says it will wait to evaluate financing for El Abra expansion

Freeport McMoran, which owns 51% of the mine, plans to invest around $7.5 billion to expand.

July 24, 2024

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

July 24, 2024

Chile’s lower house of Congress asks Boric to void Codelco-SQM deal

The partnership between Codelco and SQM is a major component of president Boric's plan to boost the state role in Chile's production of lithium.

July 24, 2024

Teck Resources beats second-quarter profit estimates

Teck owes the results to its Quebrada Blanca copper mine in Chile and higher copper prices.

July 23, 2024

Freeport McMoran plans $7.5bn investment to expand Chile copper mine

The miner also said it expects to submit an environmental permit application to expand the El Abra mine by the end of 2025.

July 23, 2024

BHP must stop funding legal action to halt Mariana dam claim, London court rules

The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse.

July 23, 2024

Chile’s mining ministry accepts Cochilco head’s resignation

Joaquin Morales will be replaced on an interim basis by the agency's current prosecutor Claudia Rodriguez.