April 27, 2024

Antofagasta fined for breaking water extraction rules in drought-ridden Chilean region

Chile’s General Water Directorate fined Antofagasta Minerals’ Minera Los Pelambres for the unauthorized extraction of surface and groundwater.

April 27, 2024

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

April 26, 2024

Southern Copper’s output seen above 1 million tonnes in 2027

The company also edged up its forecasts for this year, predicting output of 949,000 tons.

April 26, 2024

Brazil iron ore exports seen surging in 2024 if rivers stay high

Miners have told Navios South American Logistics they could ship eight million to 10 million tons of iron ore this year.

April 26, 2024

SQM invests $2 million in Chilean startup Movener

Movener, which aims to transform traditional trucks into hybrid-electric vehicles, is the first Chilean company in SQM’s venture portfolio.

April 26, 2024

Codelco output keeps falling, underscoring copper struggles

The state-owned miner said output totaled 295,000 metric tons, down 10% from the same period last year.

April 26, 2024

Panama completes process of mining concession cancellations

The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.

April 26, 2024

Silvercorp diversifies into South America with $146 million deal for Adventus

Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.

April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

April 25, 2024

Miner owned by South America’s richest family mulls bond sale

Antofagasta, which operates copper mines in Chile, last tapped global debt markets in 2022 when it sold $500 million in 10-year bonds.