May 3, 2024

Strong copper price reviving Peru’s mining mojo, minister says

Goldman Sachs earlier in the day hiked its year-end price target to $12,000 per ton, from $10,000 previously.

May 3, 2024

Brazil wants next Vale CEO to be closer to government

The government wants the next CEO to have ties with states, municipalities and regulators.

May 3, 2024

Brazil rejects Vale, BHP settlement offer for Mariana disaster

Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.

May 3, 2024

BHP’s high-stakes tilt for Anglo puts regulators in spotlight

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.

May 2, 2024

Albemarle plans more lithium auctions in bid to demystify prices

The US producer aims to hold more auctions in China as well as other geographies such as Australia while adding lithium hydroxide to its offerings.

May 2, 2024

Brazil’s mining sector revenue jumps 25% in first quarter

The country's mining exports between January and March grew 11.3% year over year.

May 1, 2024

Pan American sells La Arena gold project in Peru to Zijin for $295 million

Zijin will grant Pan American a life-of-mine gold net smelter return royalty of 1.5%.

May 1, 2024

Anglo American copper assets worth $35 billion — report

The estimation, by financial research firm CreditSights, is only $4 billion lower than BHP’s offer for the whole company.

May 1, 2024

Ecuador court puts nail in $3bn copper project’s coffin

Licence has not been revoked, which leaves a chance for the Llurimagua project to become Ecuador’s next big copper mine.

April 30, 2024

Vale concludes sale of 10% of base metals unit to Manara Minerals

Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund.