October 30, 2023

Codelco says finance manager to take over as interim CFO

The head of its finance department, Olivar Hernandez Giugliano, would step up as interim CFO.

October 30, 2023

Panama to hold referendum on First Quantum contract, halts new projects

President Laurentino Cortizo said locals will decide on Dec. 17 whether to revoke the controversial 20-year contract.

October 29, 2023

Panamanian protesters break into international port used by First Quantum Minerals

As protests continue against First Quantum’s Cobre Panamá operation, the Canadian miner asks authorities to protect its workers and facilities.

October 27, 2023

Vale CEO says he has never been so optimistic about the company’s future

Vale on Thursday reported a third quarter net profit decline but still landed above market forecasts.

October 27, 2023

Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer.

October 26, 2023

Pre-tax profit for Codelco down 65% this year through Sept

Chile’s Codelco, the world’s largest copper producer, on Thursday posted a 65% drop in its pre-tax profit for the first nine months […]

October 26, 2023

Vale’s third-quarter profit slips but beats expectations

The company reported a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates.

October 26, 2023

Vale to pay out $2 billion to shareholders, launch buyback program

The company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1.

October 26, 2023

Panama’s top court considers lawsuit over First Quantum deal

The court said in a statement that it will issue an opinion on the lawsuit within 10 business days.

October 26, 2023

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

According to S&P Global, the highest capital budget spend in financial year 2023 is expected to come from BHP.