October 3, 2022

Minera Alamos shares 111% IRR for Cerro de Oro gold project in Mexico

Average annual gold output will be 60,000 to 70,000 oz. in years one through four, and about 60,000 oz. annually over the life of the project.

October 2, 2022

Los Pelambres union members vote in favour of strike action

Antofagasta has four days to ask the Labour Department for mediation.

September 30, 2022

Peru proposes ‘new approach’ to mining to combat economic disparities, conflicts

Prime Minister Anibal Torres said during a conference between executives of large mining firms that the new "attitude" aimed to promote local and foreign investment.

September 30, 2022

Copper mining has a new champion in veteran Peruvian economist

In a presentation at Perumin, finance minister Kurt Burneo reiterated the policy priorities that have endeared him to the industry, such as maintaining tax rates, offering fiscal benefits and cutting…

September 29, 2022

Vale announces reorganization of Brazil base metals business

Miner will transfer its copper assets in the country to Salobo Metais SA and its nickel assets to a new venture it will form.

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.