November 6, 2020

BHP ups stake in Shenzi oil and gas field to 72%

The miner acquired an additional 28% working interest in Shenzi from Hess Corporation for $505 million.

November 6, 2020

Argentina mining exports to drop by 25% in 2020

The pandemic has hurt the mining sector, which relies on workers who often need to travel to reach job sites.

November 6, 2020

Wheaton closes precious metals stream with Caldas on Marmato Project

Wheaton will purchase 6.5% of the gold production and 100% of the silver production from the project until 190,000 ounces of gold and 2.15 million ounces of silver have been…

November 6, 2020

Codelco to search for lithium at Chile’s second-largest salt flat

Environmental regulators in Atacama have approved the miner's lithium exploration campaign at Maricunga.

November 5, 2020

Franco-Nevada posts record Q3 revenues, income

In the quarter, the company sold 134,817 gold-equivalent oz. (GEO), at cash costs of $290 per GEO.

November 5, 2020

Iamgold cuts guidance on Westwood mine halt

Iamgold now expects output to be in the range of 630,000 ounces to 680,000 ounces.

November 5, 2020

Brazil’s CSN keeps original schedule for IPO of mining unit

Company owns the Casa de Pedra mine and is Brazil's second-largest iron ore exporter.

November 5, 2020

Chile copper output costs plunged in first half

Country's copper mining industry, the world's largest, saw a 17% drop in its production costs.

November 5, 2020

Albemarle moves ahead with expansions despite lithium market weakness

The world’s no. 1 lithium miner expects to commission its expansion projects in Western Australia and Chile next year.

November 5, 2020

Barrick raises dividend as profit soars on strong gold prices

The world's second largest gold miner benefitted from a surge in prices fuelled by widespread coronavirus stimulus measures unveiled globally.