March 31, 2024

Draft decree allows miners in Peru to exceed daily installed capacity by 10%

Currently, excess production can reach up to 5% of the total allowed and if miners go over that limit, they have to pay a validation fee.

March 29, 2024

CHARTS: Copper price bulls bring back $10,000 forecasts

While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.

March 29, 2024

Horizonte Minerals sinks further as company details additional costs for nickel mine

In an update on Thursday, the nickel developer said the total funding required is in the region of $567-$592 million.

March 28, 2024

Codelco sees slow recovery after years of copper output declines

The company has been juggling four large investments at its aging operations after decades of underinvestment.

March 28, 2024

Chile wants to double its lithium output to avert risk of substitution in batteries

More threatening than oversupply in the coming years is the risk of a renewed shortage, which would send prices soaring.

March 28, 2024

Mag Silver shares surge on Juanicipio mine’s mineral resource update

The project transitioned into commercial production in June 2023.

March 28, 2024

Chile’s copper output up 10% in February

Production in February 2024 was 420,242 metric tons.

March 28, 2024

India to send teams to Chile seeking lithium and copper assets

India will send two delegations next month to Chile to scout for lithium and copper resources.

March 28, 2024

Mitsui invests in Atlas Lithium with offtake deal from Brazil mine

The deal by the Japanese trading house follows a similar one unveiled by rival Mitsubishi Corp.

March 27, 2024

Chile needs to finalize more lithium plan details to spur investment, miners say

Industry players said they are seeking information on how contracts will be awarded by officials in the country that is the world's second-biggest lithium producer.