October 7, 2021

Glencore’s Peru mine won’t proceed with Coroccohuayco project in near-term

The Coroccohuayco project would require an investment of $590 million to extract copper and gold.

October 7, 2021

Judge restores operating license at Vale’s Onça Puma mine

A state agency had suspended its operating license due to an alleged non-compliance with local regulations.

October 7, 2021

Vale sees no near-term spin-off of base metals unit

It said part of the problem was the value of the business, which brings in $3.5 billion in revenue a year.

October 7, 2021

Copper price rises on supply disruption worries

An indigenous community in Peru's Espinar province blocked a key mining road on Wednesday, in protest against the government and Glencore PLC's Antapaccay mine.

October 7, 2021

Mexico will reject private lithium deals even if reform bill fails

At his regular morning news conference, Lopez Obrador stressed that Mexico's lithium should be developed exclusively by the government.

October 7, 2021

Peru community says it won’t end Glencore mine blockade until demands met

The conflict comes a day after the government defused a similar standoff in nearby Chumbivilcas.

October 7, 2021

Nickel: the mined commodity most exposed to biodiversity risks — report

According to Verisk Maplecroft, nickel is exposed to biodiversity risks because some of the largest nickel operations are located in Indonesia, New Caledonia and the Philippines.

October 6, 2021

Peru president picks moderate cabinet criticized by his party

Former head of congress Mirtha Vasquez was sworn in as prime minister on Wednesday evening, replacing the outgoing Guido Bellido.

October 6, 2021

Bacanora sees a way through Mexican lithium crackdown

Bacanora sees enough in the proposal submitted to Congress last week to carry on with development given early construction work had already started.

October 6, 2021

Dam disasters were wake up call for Vale, CEO says

Eduardo Bartolomeo said his own remuneration package now sets targets for safety and sustainability, with 20% of his long-term compensation associated with ESG goals.