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.

May 22, 2024

Copper frenzy draws mining giants to Argentina after Milei’s reforms

Argentina could be a major supplier by 2035.

May 22, 2024

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

May 22, 2024

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

May 21, 2024

Peru’s 2024 copper target is realistic, mining magnates say

The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production.

May 21, 2024

Solaris ends plan to sell stake to Zijin Mining, cites government rules

Canada's government has taken a tough stance specifically on investments from China in critical minerals such as copper, graphite and lithium.

May 21, 2024

Kuya Silver begins production at Bethania mine in Peru

Production is expected to ramp up progressively over the next year to an initial target of 350 tonnes per day.