September 6, 2023

Hochschild cuts production targets after pretax-loss

Revision of its 2023 production guidance comes as the miner saw a pre-tax loss of $66.1 million in the first half of the year.

September 5, 2023

New Pacific’s Carangas in Bolivia holds 200moz silver, plus gold and base metals

The company says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide.

September 5, 2023

AI helps BHP fight declining ore grades at biggest copper mine

BHP said it’s moving forward with studies into potentially replacing a concentrator at Escondida.

September 5, 2023

Codelco raises $2 billion in bond offering

The state-run miner is not only battling to reignite copper production which is at its lowest level in 25 years, but is also facing calls to rein in its debt.

September 5, 2023

Vale to start building Middle East ‘mega hubs’ in 2024

Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman.

September 5, 2023

Aura Minerals declares commercial production at Almas gold mine in Brazil

Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month.

September 5, 2023

Sigma Lithium to announce decision on Grota do Cirilo expansion this month

The company is already producing in phase one of the mine, with expected production of 130,000 tonnes of battery-grade lithium concentrate this year.

September 4, 2023

Argentine potash mine finalizes selection of $1bn investor

Mendoza province completed the bid selection process to resume development of the Rio Colorado mine, a decade after Vale withdrew from the project.

September 4, 2023

Codelco to hand over 24,000 hectares for glacier park

The glacier park sits along the upper part of the Olivares and Colorado river basins.

September 4, 2023

Chile’s copper production up 1.7% in July

Total copper production rose to 430,900 metric tons for the month.