June 14, 2018

Brazil’s new mining code rules rolled out

The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of…

June 14, 2018

Mitsubishi ups stake in Anglo’s Quellaveco copper project in $600-million deal

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.

June 13, 2018

Prosper One enters Memorandum of Understanding (MOU) to spend $3m to earn 55% of lithium Chile’s Pintadas Norte project.

Prosper One and Lithium Chile will enter into a joint venture agreement where Prosper One may earn a 55% interest in Lithium Chile’s Pintadas Norte project.

June 13, 2018

Copper veteran has unfinished business at world’s biggest pit

Nelson Pizarro wants to remain at the helm of the world’s biggest copper company until he can cut the ribbon on a project to convert its flagship pit into a…

June 13, 2018

Southern Copper to begin operations at $2.5bn Michiquillay earlier than expected

Reaching agreements with residents near the project is expected to take about a year, followed by three to build the mine, which will begin operations by 2022.

June 12, 2018

Brazilian President changes decades-old mining laws to lure investment, protect environment

The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.

June 12, 2018

Australia takes over Chile as world’s No.1 lithium producer

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

June 12, 2018

Kinross going ahead with expansion of Alaska gold mine

Project is expected to extend Fort Knox mine life to 2030 and generate 17% internal rate of return (IRR) at a low capital cost.

June 11, 2018

Workers at BHP’s Spence copper mine in Chile approve labor contract

The deal also includes a 2 percent increase over current base salaries.

June 11, 2018

Vale moves ahead with long-awaited expansion of Voisey’s Bay mine

Transiting Voisey's Bay nickel mine from open-pit operations to underground will cost about $2 billion, and is expected to extend its productive life to 2035.