December 23, 2022

Ecuador says mining could become third-biggest export by 2025

Despite its abundant mineral reserves, Ecuador has lagged behind other Andean countries such as Peru and Chile in developing large-scale mining.

December 23, 2022

Codelco launches austerity plan after lower production forecasts

The state-owned miner cut its 2022/23 production goal in October, amid lower prices and poorer ore grades.

December 23, 2022

Panama aims for ‘fair’ deal with First Quantum

The Cobre Panama mine is considered the largest private investment in the Central American country.

December 23, 2022

Rio Tinto venture makes strategic investment in Regulus Resources

The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October.

December 23, 2022

Ecuador signs investment contract with Solaris on Warintza project

The investment contract ratifies the Investment Protection Agreement announced in June and “significantly” de-risks Warintza.

December 23, 2022

JX Nippon to produce tantalum at Brazil’s Mibra mine

The joint venture of JX Nippon Mining and Brazil's AMG Brasil will start producing tantalum concentrate from ore in January.

December 22, 2022

Major fire hits Chilean port; Codelco operations unaffected

Fire broke out at Chile's Ventanas port near a smelter belonging to state-run miner Coldeco.

December 22, 2022

Panama and First Quantum mull fresh talks on copper mine next week

The two sides may sit down together as soon as Dec. 26, although a schedule for the talks hasn’t been confirmed.

December 22, 2022

Prices will fall across metals and mining in 2023 – Woodmac

Commodity research firm says production growth, weaker demand and negative sentiment in the industry will see iron ore, copper and industrial metals sink next year.

December 22, 2022

BHP set to face $12 billion UK suit over Brazil dam disaster

An eight-week hearing is scheduled to proceed almost nine years after the dam collapse.