July 21, 2021

Mining boss sees fervor calming with Peru leftist to take office

Pedro Castillo, a teacher from the highlands with no previous experience of national politics, takes office July 28.

July 21, 2021

Antofagasta says drought could hit full-year production

Los Pelambres, located 240 km north-east of Santiago, is beginning to feel the impact of one of Chile’s worst droughts in the last 12 years.

July 20, 2021

‘Change is coming’: Peru’s Castillo faces a divided nation after election battle

Castillo says he wants to increase spending on healthcare and education by raising the funds from mining tax hikes.

July 20, 2021

BHP said to mull oil exit in retreat from fossil fuels

BHP wants to exit while it can still get a good price for the assets, aiming to repeat a 2018 sale of its shale business to BP Plc for $10.4…

July 20, 2021

Iron ore price rises on disappointing figures by top producers

The metal has been in a bull market for more than two years, and it’s not about to end soon, according to Goldman Sachs.

July 20, 2021

Final settlement for Brazil’s Samarco dam disaster could reach $19bn, governor says

That estimate is nearly four times higher than an initial deal struck with mining companies in 2016.

July 20, 2021

Diamonds and platinum sparkle in Anglo American’s Q2 production

Diamond production rose by 134% compared to last year as consumer demand recovered, while platinum output rose 59% to 1.06 million ounces.

July 19, 2021

Vale output disappoints in fresh blow to tight iron market

The company churned out 75.7 million tonnes in the second quarter compared with the 78 million tonnes average estimate among analysts tracked by Bloomberg.

July 19, 2021

Vale reviews copper, nickel guidance amid labor, climate issues

Brazilian miner Vale said on Monday that it had produced 75.7 million tonnes of iron ore in the second quarter, with output of 41,500 tonnes of nickel.

July 19, 2021

EV Metal Index quadruples year-on-year as lithium, nickel prices rally

MINING.COM’s tracker of the value of battery metals in newly sold electric cars surges from pandemic lows, grows 18% month-month as lithium and nickel prices resume upward march.