February 21, 2024

Vale says its Sossego copper mine operating license has been suspended

Vale produced 66,800 metric tons of copper in 2023 in Sossego.

February 21, 2024

Illegal mine collapse buries gold workers in the Venezuelan Amazon

Officials on Tuesday reported the collapse at the Bulla Loca mine in Bolivar state in the south of the country.

February 21, 2024

First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles

Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.

February 20, 2024

CHART: China’s Belt and Road mining investment hits record

China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.

February 20, 2024

Antofagasta reports 5% increase in 2023 profit, slashes dividend

Antofagasta earlier reported a rise of 2% in 2023 copper production, to 660,600 metric tons.

February 20, 2024

Vale eyes more battery systems in its operations

Vale is looking at expanding the use of industrial batteries to power ports and mining sites.

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.