April 24, 2024

Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a…

April 24, 2024

Vale, BHP and Samarco seek new deal on Mariana disaster

Negotiations resumed this week after the Brazilian government and states rejected the companies' $7.7 billion offer in December.

April 24, 2024

Codelco defends lithium deal ahead of SQM shareholder meeting

Initially, the Chilean state will get an estimated 70% of proceeds from new production, rising to 85% from 2031.

April 24, 2024

E-haul trucks could result in major savings for miners but adoption is slow – report

A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages.

April 24, 2024

Hochschild keeps production targets, dividend resumption uncertain

Gold output hit 45,937 ounces in Q1, up from 39,730 ounces from last year, with a small initial contribution from Mara Rosa, in Brazil.

April 23, 2024

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

April 23, 2024

Chile sees record copper production next year

The output of the red metal would be a 6% increase from the 5.51 million tons expected to be produced this year.

April 23, 2024

Endeavour Silver shares rise as Terronera surpasses the 50% completion mark

The commissioning of the mine is expected in Q4 2024.

April 23, 2024

Anglo American bullish on copper outlook, cuts diamond targets

It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories.

April 23, 2024

Rio Tinto, Eramet submit plans to develop lithium extraction tech in Chile

They are among 30 companies from 12 countries that presented plans to develop lithium extraction technology in Chile’s salt flats.