August 30, 2023

Codelco woes mount with potential rating cut by Moody’s

Moody’s Investors Service potential downgrade adds to Codelco's worries, including rising debt, declining ore grades and inflation.

August 30, 2023

BHP mulls taking Escondida underground

BHP is studying ways to offset an expected drop in copper grades in Chile, including a new concentrator and taking Escondida underground.

August 29, 2023

Vale considers taking steel decarbonization model to US, Brazil

Under the proposal, Vale would build briquetting plants that would feed third-party direct reduction facilities on the same site.

August 29, 2023

China zooms in on Latin America, Africa in critical minerals race — report

China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.

August 29, 2023

Peru slashes growth outlook amid falling copper investment

Though metals mining and production is expected to grow 7.0% this year, private investment - largely in mining - is expected to drop 4.5% this year.

August 29, 2023

Dundee Precious receives court decision that reaffirms its Ecuador mining concession

For years, the Loma Larga project has faced strong opposition from local indigenous groups and communities.

August 29, 2023

Rio Tinto-First Quantum JV to develop massive copper project in Peru

La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal.

August 28, 2023

Codelco to cut jobs at head office – statement

This follows another job cut announcement 10 days earlier, when Codelco said it would trim 10% of staff.

August 28, 2023

Top copper-producing nation Chile sees mining costs jump 29%

Inflationary pressure is coming from lower ore quality, which means more rock has to be crushed to extract the same amount of metal.

August 28, 2023

Chile launches probe into deadly mining accidents at Anglo American, Minera ACF

Deaths occurred at Anglo American's Los Bronces mine and at Minera ACF, which produces iodine and nitrate in the Tarapaca region.