February 2, 2024

Grupo Mexico profit down 19% on sliding metal prices

The firm produced 264,251 metric tons of copper over the quarter, down 2% from a year earlier.

February 1, 2024

Hedge funds ramp up copper bets as supply shocks reverberate

Funds including Tribeca Investment Partners, Terra Capital and Anaconda Invest all say the supply dynamics support price increases in 2024.

January 31, 2024

Brazil’s mining industry exports grew by 9.5% in 2023 – Ibram

The industry group said iron ore accounted for more than 70% of total exports.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 31, 2024

Barrick to spend $136 million on failed Pascua-Lama project

According to the EIA submitted to Chilean regulators, Barrick wants to adapt the closure plan to restore surface and underground water flows.

January 31, 2024

Sigma Lithium project in Brazil just got 27% bigger

Grota de Cirilo is now the world’s fourth-largest operating industrial pre-chemical lithium complex, with 109 million tonnes in resources.

January 31, 2024

Lithium market transition comes with delays, layoffs and M&As — WoodMac

Consultancy Wood Mackenzie says the market is moving towards maturity and its actors need to adapt to the new conditions.

January 30, 2024

Lumina Gold kicks off feasibility study for Ecuador project

Feasibility study for the Cangrejos gold-copper project, in southwest Ecuador, is expected to be completed in the first half of 2025.

January 30, 2024

Rob McEwen seeks $100 million for Argentina copper mine as Milei boosts prospects

The idea is to secure fresh funds within six months for feasibility and engineering work at the Los Azules project.

January 30, 2024

Vale cranks up iron mining just as demand concerns resurface

The Brazilian mining giant is accelerating production, posting its best December in five years.