September 28, 2022

Teck Resources may raise value of Zafranal copper project in Peru to over $2 billion

The facility is expected to produce at least 1.5 million tonnes of copper over about 19 years.

September 28, 2022

Peru targets local lithium battery production, official says

Peru currently produces no lithium and no country in Latin America produces lithium batteries at a commercial scale even if they do mine lithium.

September 27, 2022

BHP sees Chile uncertainties easing in investment climate boost

BHP, which operates the world’s biggest copper mine in Chile, has dangled $10 billion to develop more resources in the country if those uncertainties are finally resolved.

September 27, 2022

MMG expects to invest $2 billion in troubled Las Bambas copper mine in Peru

One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.

September 27, 2022

Revised Colombia tax bill still puts mining investment at risk – industry group

The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.

September 27, 2022

Copper production to show “strong and consistent” growth for next decade

New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come…

September 27, 2022

BHP wants to expand presence in Peru, says executive

BHP said it will invest $12 million on exploration in the next 10 months and is evaluating six potential projects.

September 26, 2022

Colombia gov’t agrees to ease tax changes to oil, mining

The government has agreed to back continued royalty deductions in exchange for raising income taxes on extractive industries by 5%.

September 26, 2022

Argentine state-run miners launch first-time lithium project

Units of Argentina's state oil firm YPF will start work on a 20,000 hectare area lithium prospecting project in Fiambala.

September 26, 2022

Anglo cuts production, ups costs at Quellaveco and Chile mines

Anglo says 300,000ktpa Peru mine has entered commercial production. Chile output and costs negatively affected by Los Bronces water restrictions and changing ore.