October 24, 2022

LME Week: Codelco expects China’s copper demand to be resilient

China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.

October 24, 2022

US mining sanctions take aim at Nicaragua’s Ortega

Biden has signed an executive order that includes the authority to ban US companies from doing business in Nicaragua's gold industry.

October 24, 2022

Copper buyers want longer-term deals on supply concerns, Codelco says

The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.

October 23, 2022

Chilean mines’ demand for clean energy solutions could be met by local businesses – report

Such demand could be met by local companies as long as they ramp up the production of green fuels and their manufacturing capabilities when it comes to electrifying mining fleets.

October 21, 2022

Vale CEO says miner will spin off copper, nickel unit

Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.

October 21, 2022

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

October 20, 2022

Omai doubles Guyana gold resource

The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 g/t.

October 20, 2022

Brazil mining group sees steady investment regardless of election result

Brazil is nearing the end of campaigning ahead of a second-round runoff election between leftist former President Luiz Inacio Lula da Silva.

October 20, 2022

Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO

The company is currently mobilizing drill teams after a July environmental court decision reinstating the drilling permit.

October 19, 2022

Mining giants warn Chile mining royalty would impact investment

BHP and Antofagasta said a mining royalty bill in Chile would affect competitiveness and encourage miners to reevaluate investments.