July 29, 2023

Crystallex gets priority in proceeds from Citgo owner share sale

The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.

July 29, 2023

Samarco files judicial reorganization plan alongside creditors

The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt.

July 28, 2023

Southern Copper getting more optimistic on stalled Peru mine

The company has been trying for years to convince local communities of the merits of the Tia Maria project.

July 28, 2023

Glencore in advanced talks for Argentina copper stake

Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project.

July 28, 2023

Codelco sees lower copper output, more stoppages in 2023

Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier.

July 28, 2023

Albemarle ends early contract deal with Chile supervisors union

Miners routinely seek to seal early contract negotiations to avoid the risk of strikes at their operations.

July 28, 2023

Vale doesn’t rule out IPO or merger of base metals unit ahead

Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1.

July 28, 2023

Founders Metals drills 12 m of 19.2 g/t gold in Suriname, stock surges

The 238 sq.km. Antino property is the most advanced gold exploration project in Suriname.

July 28, 2023

Grupo Mexico posts profit rise on copper sales, transport unit

The company reported on Thursday a 38% rise in second-quarter net profit on higher copper sales.

July 27, 2023

Vale posts profit slump, hit by price drop

Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion.