February 19, 2024

Nickel woes worsen for Glencore-backed miner as budget jumps 87%

Horizonte Minerals is warning that it needs a whole new financing package to restart its nickel project in northern Brazil.

February 19, 2024

Colombia bill seeks permanent legal ban on new coal contracts

President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.

February 16, 2024

Vale board split on future of current CEO, say sources

One Reuters source said the situation was difficult to solve and a new vote had not been scheduled.

February 16, 2024

New study saves $1bn in upfront cost as SolGold shops Cascabel project

Pre-production capital used for initial mine development, first process plant module and infrastructure is now estimated at $1.55 billion.

February 16, 2024

Peru approves $2 billion Antamina copper mine expansion

Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036.

February 15, 2024

Vale to follow BHP on new provisions over dam failure, analysts say

Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year.

February 15, 2024

Mexican mining sector balks at plan to ban open-pit mines

The industry says such a move would be disastrous for the sector, which fuels 2.5% of gross domestic product.

February 14, 2024

Barrick CEO not interested in ‘piecemeal’ talks over First Quantum assets

First Quantum is exploring options to "manage its balance sheet," including selling smaller mines.

February 13, 2024

BHP partners with Chile miners to battle cybersecurity risks

The initiative, led by Corporación Alta Ley and supported by the Chilean Ministry of Mining, aims to generate and share cyber-intelligence information.

February 13, 2024

First Quantum CEO: Panama’s next government cannot ignore mining sector

Tristan Pascall sees an opportunity to discuss the company's contribution to Panama's economy ahead of the May election.