February 9, 2022

Vale is getting back on top of the iron industry as Rio stumbles

The Brazilian miner lost the title of top iron ore supplier to Rio Tinto in the wake of a tailings dam disaster three years ago.

February 9, 2022

Brazilian miners set to miss deadline for removal of tailings dams

The Minas Gerais law requires the removal of all dams constructed using the upstream method. Those in breach could have their operating license suspended.

February 9, 2022

Advanced Marimaca project still in the ‘early stages of discovery,’ says CEO

Marimaca Copper entails a rare combination of low upfront capital and bottom-quartile operating cost.

February 9, 2022

Panama to receive First Quantum’s plan for power plant conversion by June

The plant conversion could be a milestone in a clean energy plan that aims to cease the use of bunker and coal for power generation by December 2023.

February 9, 2022

Copper price: Global stocks are down to three days’ consumption

October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend.

February 8, 2022

Newmont buys out Yanacocha partner Buenaventura for $300 million

At the same time, Newmont will transfer its 47% interest in the La Zanja JV with Buenaventura to its partner in exchange for royalties on any future production.

February 8, 2022

Global lithium production hits record high on electric vehicle demand

Global consumption of lithium in 2021 was estimated to be 93,000 tonnes, a 33% increase from 70,000 tonnes in 2020.

February 7, 2022

Latin Metals inks option agreement with Barrick Gold for Argentina properties

To earn an initial 70% interest, Barrick must pay $2.32 million in cash to the underlying vendor and $750,000 in cash to Latin Metals.

February 7, 2022

MMG to halt Las Bambas copper mine amid fresh blockade

MMG said production is expected to cease by February 20 if the roadblock is not removed.

February 6, 2022

China, Argentina deepening ties beyond mining

China will provide Argentina with more than $23 billion in financing for infrastructure projects and the Belt and Road initiative.