November 8, 2023

Atlas Lithium raises $20 million from investors led by former Allkem chairman

Earlier this year, Atlas also raised $20 million by selling a 3% gross overriding revenue royalty on the Das Neves project.

November 8, 2023

Rio Tinto, Codelco partner to find more copper in Chile

Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country.

November 7, 2023

Suriname bauxite project may attract interest from Indian, Chinese companies

The South American country hopes to have awarded a concession for bauxite by this time next year.

November 7, 2023

Peru miners say copper output could climb without impact from protests

Victor Gobitz, president of SNMP, said 2024 output could hit 2.7-2.8 million metric tons.

November 7, 2023

Nascent recovery in Chilean copper mining is spluttering

October’s export revenue from copper fell 6.7% from September and 8.8% from a year ago.

November 7, 2023

Codelco cuts 2024 copper premium to China, changes contract structure

The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year.

November 7, 2023

What green energy transition? Half of mining still exploring for gold

New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.

November 7, 2023

Peru mine spending at eight-year low signals copper tightening

Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said.

November 6, 2023

Chile copper production uneven in September – Cochilco

Codelco's production slipped 5.3% year-over-year in the month to 116,700 metric tons.

November 5, 2023

Peru ramps up efforts to attract mining foreign investments

Peru officials are presenting the country as a place of macroeconomic solidity and favourable regulatory frameworks.