July 19, 2022

Franco-Nevada invests $352 million in Tocantinzinho gold project in Brazil

Located 200 km southwest of the city of Itaituba, Tocantinzinho is expected to be a low-cost, conventional open pit mining and milling operation.

July 19, 2022

Mining giants warn of tougher times as world demand wavers

BHP has joined rival Rio Tinto in signaling more turbulence as falling prices and mounting recession fears take toll on miners.

July 18, 2022

Codelco keeps Rajo Inca construction halted after fatal accident

The $1.6 billion Rajo Inca project seeks to extend the life of the small Salvador Division, which produced 53,000 tonnes of copper last year.

July 17, 2022

BHP may reconsider investments in Chile if tax hikes go forward

BHP said in a statement that higher taxes would make Chile more expensive than other top mining jurisdictions like Australia, Canada and Peru.

July 17, 2022

Hundreds of hectares of pristine rainforest destroyed by illegal mining in Venezuela

A local NGO says that the destruction of Venezuela’s tropical rainforest by illegal miners and armed groups is done with authorities’ consent.

July 15, 2022

Brazil’s Cosan backs extending talks to form iron ore mining venture

Company has approved extending talks on forming a mining venture between its subsidiary Altantico Participacoes and Bergnol Holding Limited.

July 14, 2022

Chile top court ratifies closure of Canadian-owned Pascua Lama project

Barrick's controversial gold and copper mining project was previously ordered to shutter by the country's environmental regulator in 2018.

July 14, 2022

Law firm behind $7 billion BHP suit gets more cash for ESG cases

PGMBM, which has also brought class-action type suits against other large corporates including Volkswagen AG and British Airways, has received the funds from investment firm North Wall Capital LLP.

July 14, 2022

Net zero climate target could fail without more copper supply – report

The world's appetite for the red metal will reach 53 million tonnes annually by mid-century – more than double current levels – but falls short of supply by 2.7 million…

July 14, 2022

Barrick sees lower prices for copper in Q2

Barrick said average market price for copper in the quarter ended June 30 was $4.32 per pound, lower than $4.53 in the first quarter.