October 23, 2017

Venezuela’s foreign reserves hit by expired $1.7 billion gold swap with Deutsche

Bonds issued by Venezuela and PDVSA were down across the board on Monday, with some falling as much as 2.5 points.

October 20, 2017

Bacanora secures environmental permit for Sonora project in Mexico

Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.

October 20, 2017

Southern Copper to resume Tia Maria project in Peru as permit imminent

Peruvian government is expected to issue a long-awaited construction permit for the mine in the first quarter of 2018.

October 19, 2017

BHP presents united front against activist Elliott

Ken MacKenzie defended CEO after attacks from activist investor Elliott Advisors prompted speculation that the end of Andrew Mackenzie's tenure was imminent.

October 19, 2017

Vale’s iron ore output hits another record

Iron ore production rose 3.3% compared with the same period last year to hit a fresh quarterly record of 95.1 million tonnes.

October 18, 2017

Vale shareholders elect two Aberdeen-backed candidates to board

Guerra and Saboya, two of four competing candidates for the board, were nominated by Aberdeen Asset Management.

October 18, 2017

Trio of firm’s mines log strong performance in Q3/17

Hecla Mining Co.'s Q3 production of silver, lead and zinc exceeded BMO's expectations, whereas that of gold reached the anticipated level.

October 18, 2017

Chile’s Cochilco boosts copper forecast to near $3 per pound in 2018

It expects an average global copper price of $2.95 per pound in 2018, a sharp upward revision from its mid-year estimate of $2.68, due to greater demand in China.

October 18, 2017

Vale puts stake in New Caledonian nickel unit up for sale

Move is part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June.

October 18, 2017

First Majestic Silver output climbs

The Mexico-focused miner produced 4 million ounces of silver in the third quarter of 2017 from its six operating silver mines.