July 26, 2024

Codelco says output falls 8% in first half of 2024

Coldelco has said this year's output should top the 1.325 million tons produced last year.

July 25, 2024

Vale says Q2 net profit triples, iron ore sales up

The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion.

July 25, 2024

Adventus wins permit challenge, but Silvercorp deal still in jeopardy

The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte.

July 25, 2024

Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site

A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats.

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.