July 4, 2022

Chile’s copper production drops 2.5% in May

Production from state-owned giant Codelco fell 6.3% on a year-on-year basis to 142,900 tonnes.

July 4, 2022

Iron ore price tumbles as China’s demand outlook darkens

Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.

July 2, 2022

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

July 1, 2022

Chile sticks to plan for new mining profit tax up to 32% linked to copper price

"Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel.

July 1, 2022

Vale secures natural gas supply for 100% of pelletizing ops

The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024.

June 30, 2022

Osisko Development’s San Antonio gold project in Mexico hosts million-ounce resource

The San Antonio project is a past-producing oxide copper mine that went into receivership.

June 30, 2022

Minerals from Antarctica give clues to potentially habitable locations on Mars

Minerals found in samples of material from Antarctica could give scientists a better understanding of the surface and subsurface environment of Mars.

June 29, 2022

Prices triple in Brazil’s lopsided market for carbon credits

Something is amiss in Brazil’s biggest carbon market.

June 29, 2022

Kinross Gold to publish Great Bear resource estimate with 2022 results

Kinross is targeting construction by 2027 and first production by 2029, but doesn’t rule out a “schedule compression.”

June 28, 2022

USGS deploys satellite imagery in the global fight against illegal mining

Artisanal and small-scale mining can lead to commodities being mined, sold and purchased through unofficial channels and potentially financing criminal or terrorist organizations.