December 5, 2022

Grupo Mexico in advanced talks for Citigroup’s Banamex unit

The mining giant is in advanced talks to acquire Citigroup's Mexican retail bank, Bloomberg News reported.

December 5, 2022

Glencore pays $180 million to Congo to settle corruption claims

Deal is the latest payment in a series of graft cases Glencore has faced and covers all alleged corruption activities between 2007 and 2018.

December 5, 2022

Sigma Lithium secures $100 million for Brazil mine expansion

The expansion could triple battery-grade lithium concentrate production at the mine to 768,000 tonnes from years 2 to 8 of operations. 

December 4, 2022

Colombian president calls for mining code reform

Gustavo Petro said that an update is urgent because the current code allows for mining exploration to take place in areas that host important freshwater resources and agricultural land.

December 2, 2022

Prime Mining stock surges on upsized financing for Los Reyes project in Mexico

The company will increase the size of its recently announced bought deal financing to C$18.3 million.

December 2, 2022

Argentina pressing US for exception to tap EV tax bonanza

The key to whether producers in Argentina and some other nations will be eligible for the tax credits is in the interpretation of “extracted or processed.”

December 2, 2022

Chile copper production up 1.4% in October – Cochilco

Production from state-owned giant Codelco fell 5.8% on a yearly basis to 135,800 tonnes.

December 1, 2022

Visualizing the world’s largest copper producers

Chile is the top copper producer in the world, with 27% of global copper production.

December 1, 2022

Brazil to let private sector mine for uranium

The uranium sector is currently the exclusive responsibility of state-run Indústrias Nucleares do Brasil (INB).

December 1, 2022

In Peru’s hills, an artisanal miner boom frustrates Big Copper’s plans

The rise of artisanal copper mining is threatening billions in new investments by mining companies in Peru.