October 6, 2023

Codelco reassessing costs of projects to upgrade mines

Chairman Pacheco also said the company would maintain capital spending next year at $4 billion, roughly in line with 2023.

October 6, 2023

Strike at Newmont’s Peñaquito mine ends with 8% pay raise

Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day.

October 5, 2023

Lundin in talks with Japanese trading houses to develop Argentina mine

New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine.

October 5, 2023

Codelco loses CFO in latest blow to world’s top copper miner

Alejandro Rivera resigned as CFO a day after Codelco’s investment-grade credit rating was cut one notch by Moody’s.

October 5, 2023

Séguéla drives Fortuna to record gold production in Q3

The Yaramoko mine in Burkina Faso also saw a 25% increase in production.

October 5, 2023

Chile’s government looks to China to upgrade its economy beyond commodities

While Chile’s trade with China surpassed $65 billion last year, most of its exports are dominated by copper and much of it is shipped in the form of concentrates

October 5, 2023

Buenaventura suspends Peru mine on permitting delays

Peru’s top publicly traded precious-metals producer has halted Colquijirca's Tajo Norte mine for up to three years due to permitting delays.

October 4, 2023

Cordoba lands bridge financing for Alacran copper project from Ivanhoe Electric, JCHX

The project is positioned to be the largest copper mine in Colombia, the company says.

October 4, 2023

Lithium stocks tumble amid declining prices

Ganfeng Lithium and Tianqi Lithium have plunged 51% and 32% respectively since January.

October 4, 2023

Heads to roll at Anglo American head offices

The mining giant has begun at Kumba Iron Ore, where 181 workers got notices and 141 jobs are expected to be cut.