News

January 22, 2025

Bolivia Accelerates Efforts to Exploit World's Largest Lithium Reserves Amid Controversy

Bolivia’s history of political and social unrest and a state-led approach to natural resources have been deterrents to private capital — as is a recent plunge in lithium prices in a glutted market.

January 21, 2025

Chile Launches Initiative to Extract Strategic Minerals from Mining Waste

As Chile continues to cement its position as a global mining powerhouse, initiatives like this underscore the country's commitment to sustainability and technological innovation in the extractive industries.

January 21, 2025

Glencore Open to M&A Deals to Strengthen Shareholder Value

As Glencore continues to navigate the complex landscape of M&A opportunities, its strategic focus remains on delivering long-term value to shareholders while addressing operational and cultural challenges in potential deals.

January 21, 2025

Teck Resources' Ambitious Expansion Plan to Boost Copper Production

With strategic projects across multiple countries, the company is well on track to achieving its long-term production goals and strengthening its position in the industry.

January 21, 2025

Golden Arrow Resources Reports Best Drilling Results at San Pietro Project in Chile

The company believes these results represent just a fraction of the true potential of the project and continues to explore new growth opportunities in the region.

January 20, 2025

Copper Production on the Rise and a Strong Showing from Escondida: BHP’s Mid-Fiscal Year 2025 Report

Heading into the second half of fiscal year 2025, BHP aims to maintain a strong momentum, with multiple assets expected to reach the upper range of their respective production forecasts while keeping tight cost controls in place.

January 20, 2025

Barrick eyes selling Zaldivar mine stake

The divestment process remains in its early stages, according to Bloomberg‘s sources, and it is uncertain whether a deal will materialize.

January 20, 2025

Barrick’s Reko Diq to generate US$74B over 37 years

Reko Diq is a critical component of Barrick’s strategy to expand its footprint in copper, a metal central to the global energy transition.

January 20, 2025

Lithium Argentina investors OK Canada exit

Lithium Argentina’s main holding is the Caucharí-Olaroz project, where it has 44.8% to Ganfeng Lithium’s 46.7%. The project began producing in 2023 and the Chinese company has agreed it won’t acquire its partner or a controlling interest.

January 20, 2025

Anglo American to sell brazilian nickel assets amid major restructuring

Anglo American targets deal for Brazil nickel mines in H1 2025

January 20, 2025

Chile and Saudi Arabia Explore Joint Investments in Copper and Lithium Sectors

Currently, Saudi Arabia imports most of its copper to meet domestic demand, which stands at 365,000 tonnes annually. This figure is expected to more than double by 2035, emphasizing the importance of strategic partnerships with key producers such as Chile.

January 17, 2025

World Bank: Latin America Grows Hand in Hand with Mining

The report also indicates that "China's slow growth could reduce demand for commodities, especially in Chile and Peru."

January 17, 2025

CMP and Mogotes Metals Inc. announce strategic partnership to explore copper and gold in the Vicuña mining district

The collaboration between CMP and Mogotes Metals Inc. underscores the importance of strategic partnerships in the mining sector, showcasing how innovation, technology, and a commitment to sustainability can drive industry transformation and ensure future growth.

January 16, 2025

Rio Tinto and Glencore in potential merger talks - Bloomberg

Combining the two businesses would potentially create a company to leapfrog longstanding industry leader BHP Group, which is worth about USD126 billion.

January 16, 2025

Lithium market could see modest recovery in 2025

As the global energy transition accelerates, the lithium industry remains a cornerstone of the future, navigating challenges and seizing opportunities in an evolving market landscape.

January 16, 2025

Antofagasta Minerals' Production Increased by 12% in the Fourth Quarter of 2024

With an optimistic outlook and a focus on sustainable growth, Antofagasta Minerals reinforces its commitment to advancing the mining industry in Chile while contributing to the global copper market.

January 16, 2025

US expands import ban on chinese companies over alleged forced labor in Xinjiang

The US import ban reflects a broader trend of increasing scrutiny on supply chains linked to alleged human rights violations. While some Chinese companies are adapting to these pressures, the long-term implications for global trade dynamics remain to be seen.

January 15, 2025

Chile will raise its share of global copper production to 27.3% in 2034

According to the projection made by Cochilco, Chile will increase its share of global copper production by 3.7% by 2034.

January 15, 2025

ABB and Epiroc advance collaboration on underground trolley solutions for mining

Collaboration advances the development of underground trolley system solutions for mine haulage fleet decarbonization

January 15, 2025

Lithium Ionic grows Baixa Grande resource by 32%, boosting Brazil’s lithium ambitions

The project is 900 km north of Rio de Janeiro, in Brazil’s Lithium Valley.

January 15, 2025

Copper extends rally as dollar weakens on Trump tariff report

Trump had floated the possibility of trade tariffs of 60% or higher on Chinese exports and levies of 10% to 20% on all imports during the presidential campaign

January 14, 2025

Search underway in Peru for trapped workers at small gold mine

La Libertad is one of the regions with the highest gold production in Peru, and according to official reports at least 40% of the supply comes from artisanal or informal miners.

January 13, 2025

Epiroc wins large order for autonomous surface mining equipment in Australia

Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has won a large order from BHP for autonomous surface mining equipment to be used at an iron ore mine in Australia.

January 13, 2025

Lundin Gold exceeds guidance with record production

Lundin is planning to update reserves and resources this quarter, while an initial resource estimate for the Bonza Sur project next to Fruta del Norte is expected in by the end of June

January 13, 2025

Copper smelting fees to remain low amid tight supply

Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets.

January 13, 2025

Mosaic to sell Brazilian phosphate mine for US$125M

Mosaic’s move comes as global potash prices have started to fall and supply levels return to those seen before Russia’s invasion of Ukraine.

January 8, 2025

Denarius approved for mining at Zancudo gold project in Colombia

Denarius Metals (Cboe CA: DMET) (OTC: DNRSF) has received the go-ahead to begin mining operations at its Zancudo project in Colombia following approval of its environmental impact study (EIS) by the local environmental authority.