July 29, 2022

Miners’ profits face an unusual foe: extreme weather

It is an unusual situation for companies that have experience operating anywhere in the world.

July 29, 2022

Codelco posts 35% drop in H1 pre-tax profit, production falls

The miner produced 736,000 tonnes of copper between January and June, a 7.5% fall versus the first half of 2021.

July 29, 2022

London’s High Court rules against Venezuela’s Maduro in $1 billion gold battle

Legal experts have said the case has been unprecedented as it has seen one country's highest courts interpreting the constitution of another.

July 29, 2022

Brazil’s Usiminas Q2 net profit falls 77% after forex losses

In the mining division, second-quarter iron ore sales rose 16% from a year ago.

July 28, 2022

Vale earnings disappoint as miners grapple with stagflation

Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday.

July 28, 2022

Copper producers step up campaign against Chile royalty proposal

Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments.

July 28, 2022

Potash prices to normalize by 2023, says Brazil Potash president

Prices of the fertilizer ingredient have soared this year on fears of a shortage caused by the Russian invasion of Ukraine.

July 28, 2022

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

July 28, 2022

If Brazil legalizes more Amazon mining, it would drive deforestation, study says

Building new roads to reach mines would allow illegal loggers, land grabbers and ranchers easier access to relatively untouched parts of the forest, study says.

July 28, 2022

Tiny Bolivian automaker bets it can tap world’s largest lithium deposits

Left-wing President Luis Arce is pushing to industrialize its vast lithium resources before the end of his term in 2025.