July 26, 2023

Cochilco cuts 2023 copper price forecast to $3.85/lb

The agency had previously set a forecast of $3.90 in May.

July 26, 2023

Eramet says it secured $400 million lithium deal with Glencore

Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina.

July 26, 2023

Adventus, Salazar on track to get environmental licence for Ecuador copper-gold project

The project partners are expecting the El Domo environmental licence to be approved by the second half of 2023.

July 26, 2023

Rio Tinto to miss 2025 emissions cuts targets

The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.

July 26, 2023

Colombia names leftist engineer as new mining minister

Andrés Camacho, 42, will be in charge of Colombia’s transition away from its two main sources of revenue: oil and coal.

July 24, 2023

Allkem to receive up to $180 million to develop Argentina plant

A battery-grade brine lithium plant will be developed at the Sal de Vida site.

July 24, 2023

Los Andes Copper signs $20 million royalty deal with Ecora Resources

Prefeasibility study released in February 2023 demonstrated a 26-year open pit operation at 136,000 t/d.

July 24, 2023

Worker trapped after accident at Codelco project in Chile unharmed

The event occurred in Andes Norte, part of the new El Teniente mine.

July 24, 2023

Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets

Copper M&A more than doubled in 2022 to $14.24 billion from the previous year, according to an S&P Intelligence report.

July 23, 2023

New draft decree proposes limiting issuance of mining titles in Colombia’s vulnerable ecosystems

Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations.