April 18, 2024

Rinehart expands Ecuador push with stake in copper-gold project

Private company Hancock Prospecting will pay Titan Minerals as much as $120 million on drilling and exploration work.

April 17, 2024

Governments must broker local support for mines, industry group says

CMM now pushing governments to bear the full responsibility of obtaining free, prior and informed consent from local communities.

April 17, 2024

Codelco to benefit from entry into lithium business, says Moody’s

On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.

April 17, 2024

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

April 17, 2024

Aging copper mines are turning into money pits despite demand

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

April 17, 2024

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.

April 17, 2024

Rio Tinto to favour development over acquisition of copper mines — exec

Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.

April 16, 2024

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

April 16, 2024

Codelco CEO vows to pursue community buy-in over lithium expansion

Chile’s state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said.

April 16, 2024

Peru copper production growth near 13% in February

The performance was due in part to a 219.4% production boost from Glencore' Antapaccay.