May 24, 2024

Aura buys two projects near Matupá gold property in Brazil

The new two projects are located within a 50 km radius of Matupá and the X1 deposit, and have the same type of mineralization.

May 24, 2024

Newmont reopens Argentina’s Cerro negro gold mine

The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America.

May 23, 2024

Ranked: The world’s largest lithium producers in 2023

Australia, Chile, and China—accounted for 88% of lithium production last year.

May 23, 2024

SQM expects to close Codelco lithium deal by May 31 deadline

Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation.

May 23, 2024

Aris Mining gains controlling stake in Soto Norte project

Aris is starting a pre-feasibility study for the new development plan, which it expects to complete by early 2025.

May 23, 2024

Troubled Peru copper mine starts expansion work in supply boost

Las Bambas has for years operated well below its annual capacity of 400,000 tons due to a torrent of community protests.

May 23, 2024

SQM swings to $870 million loss on sinking prices, tax ruling

Data from Benchmark Mineral Intelligence suggests that global prices have fallen by more than 80%, dragged by weaker demand for EVs.

May 22, 2024

First Quantum seeks to speed up Peru projects after Panama debacle

The miner controls the La Granja project, worth at least $2.5 billion, and the $1.86 billion Haquira project.

May 22, 2024

Record gold and copper prices are also a boon for illegal mining in Peru

Illegal mining had become a “huge challenge” and that the government was working on a bill to create a new framework for small miners.

May 22, 2024

Southern Copper aims to boost Peru output by 520,000t in 8-10 years

Southern Copper operates the Cuajone and Toquepala mines in Peru.