July 28, 2022

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

July 28, 2022

Chile mining industry must improve safety standards, regulator says

Twelve people died in mining accidents in Chile in 2021.

July 28, 2022

ArcelorMittal to buy Brazil steelmaker CSP for $2.2 billion

With the deal, the world's second-largest steelmaker is adding an installed capacity of 3 million tonnes a year of steel slabs.

July 28, 2022

Argentina gets $290 million to develop lithium assets, build plant

China's Zangge Mining will initially invest $40 million in the Laguna Verde lithium project in the province of Catamarca.

July 27, 2022

Grupo Mexico expects further drop in copper production for Chile and Peru

The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks.

July 27, 2022

Grupo Mexico’s Q2 net profit falls 40.5%, copper production hit by Peru’s protests

Grupo Mexico's second-quarter net profit was $611 million, down from the $1.03 billion from the year-ago period.

July 27, 2022

Teck Resources boss to leave after 17 years at top job

Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay…

July 26, 2022

Brazil central bank recruited to save Amazon from illegal mining

Central bank chief Roberto Campos Neto has pledged to look into ways to improve supervision of bank-authorized buyers.

July 26, 2022

MMG exploring annuity payouts as Las Bambas tensions continue

The announcement is the clearest statement yet of what Las Bambas's strategy will be.

July 26, 2022

Copper price rises on supply risks and softening dollar

MMG suspended copper production targets while Vale and Antofagasta cut their 2022 copper production outlook.