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.
October 19, 2022 Iron ore price lowest in 11 months on supply pressures, weakening demand Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.
October 19, 2022 Equinox confirms path to extend Los Filos mine life to 2036 with new feasibility study Total LOM production is estimated at 3.97 million oz. of gold, peaking during 2025-2030 at average production of 360,000 oz. per year.
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