December 4, 2024

Buenaventura approves bond measures, including $650 million issuance

The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds.

December 4, 2024

Rio Tinto lifts 2025 guidance for capex, copper output

Across operations, it is projecting 3% compound annual growth from 2024 onward.

December 4, 2024

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.

December 4, 2024

Lundin Gold more than triples Bonza Sur deposit length near Fruta del Norte

The Bonza Sur deposit was discovered in 2023 through drilling a geochemical soil anomaly 1 km south of the mine.

December 4, 2024

Sierra Metals’ Yauricocha mine in Peru reaches full production 

The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023.

December 4, 2024

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

December 3, 2024

AbraSilver’s Diablillos prefeasibility update raises NPV by almost half

The study incorporated lower corporate tax rates in Argentina, an optimized mine plan, and long-term silver and gold prices.

December 3, 2024

Ero Copper boosts gold reserves by 19% at Xavantina in Brazil

Total reserves across Xavantina’s three main veins total 1.4 million tonnes grading 9.71 g/t gold for 459,200 contained oz.

December 3, 2024

Steel industry will take more time to decarbonize, says Vale CEO

The miner reported an output of about 328 million tonnes this year.

December 3, 2024

McEwen’s Los Azules copper project gets key environmental approval

The company anticipates construction to begin as early as 2026.