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.

October 26, 2023

Rinehart may block SQM $1bn takeover of Azure Minerals

The Australian billionaire, who recently thwarted Albemarle’s buyout of Liontown, is said to be evaluating ways to hinder SQM's bid.

October 25, 2023

Allkem’s first-quarter revenue jumps on strong output

Lithium carbonate production at the company's Olaroz lithium project came in at 4,453 tonnes, 35% higher than the previous year.

October 25, 2023

Protests continue in Panama against First Quantum’s 20-year deal on Cobre Panama

Since Monday, protests against the contract have led to clashes between protesters and the police and the closure of major roads.

October 25, 2023

SolGold advances plan to sell flagship Ecuador copper project

The miner said there are "several" parties eyeing the Cascabel copper-gold project, and that at least five suitors have completed site visits.

October 24, 2023

Teck to re-do environmental permit for Quebrada Blanca expansion in Chile

Once submitted, the revised application will tack on around 12 months to the overall regulatory process.

October 24, 2023

Cochilco says large-scale copper mining costs keep growing

The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.

October 24, 2023

Teck stock drops to seven-month low on rising cost of flagship copper mine

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.