September 17, 2023

Brazil calls on rich nations to pay for global energy transition

Brazil's Mines and Energy Minister wants commodity giants Petrobras and Vale to spearhead the energy transition domestically.

September 17, 2023

Venezuelan government searches for culprits following deadly clash between military, illegal miners 

A recent clash between soldiers and illegal miners in Venezuelan’s Amazon ended up with two people dead and six injured.

September 17, 2023

Elements of Colombia’s new Mining Law revealed

Colombia’s Minister of Mines and Energy revealed some elements of a proposed Mining Law.

September 15, 2023

Lundin aims to strengthen Chilean presence after approval of project at key copper mine

In April, Lundin agreed to pay $950 million for 51% of the Caserones mine in Chile.

September 15, 2023

Pará municipal chamber wants Vale to pay $82 million for gold “hidden in copper”

The CPI alleges the company did not declare how much gold and silver was extracted from the Salobo mine.

September 15, 2023

First Majestic gets into the minting business

Its First Mint facility will allow the miner to sell a larger portion of its silver production directly to shareholders and customers.

September 15, 2023

Gold Fields cuts output targets in Chile on project delay

Miner also increased its total capital estimate for Salares Norte gold project by $20 million to slightly over $1 billion.

September 14, 2023

Codelco chairman calls claims of insolvency risk ‘nonsense’

Pacheco was responding to a report last month from copper studies center CESCO that said if production promises are not met, high levels of debt could lead to insolvency.

September 14, 2023

Global silver demand to fall 9.4% in 2023, Chile’s Cochilco says

Market, however, will maintain a deficit, according to a report from the Chilean state agency.

September 13, 2023

Sigma Lithium surges after attracting strategic proposals

Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector.