News

February 8, 2024

Chilean exports start 2024 with a slight increase thanks to the mining sector

The mining sector exports in Chile reached a total of US$ 4.125 billion, while copper exports amounted to US$ 3.377 billion.

February 8, 2024

Canada: Kathleen Quirk Assumes CEO Role at Freeport-McMoRan, Impact on Copper Mining

Kathleen Quirk appointed CEO of Freeport-McMoRan, a top copper producer, bringing extensive sector experience as former CFO.

February 7, 2024

A New Horizon for Mexican Mining: The Proposal to Ban Open-Pit Mining

Mexico's mining faces scrutiny for environmental impact, especially open-pit mining. Proposal to ban signals potential industry shift.

February 7, 2024

Chilean mining guilds express their condolences for the passing of former President Sebastián Piñera

Mining Reporters and Reporte Minero y Energético from Chile extend their sincerest condolences to his family, friends, and all collaborators from his two terms in office.

February 7, 2024

Nexa Resources provides update on Atacocha Mine operation

Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience developing and operating mining and smelting assets in Latin America.

February 6, 2024

Anglo American Explores Further Cost Reductions Amidst the Worst Recession in Recent Years

In response to the ongoing economic downturn, Anglo American, a leading global mining company, is considering implementing additional cost-cutting measures to mitigate the impact of the severe recession.

February 6, 2024

Mirasol Resources Announces the Promotion of Tim Heenan to CEO

Tim has led Mirasol’s transition from project generator to a fully-integrated exploration company.

February 6, 2024

Copper Prices Surge on China's Supportive Measures and LME Inventory Decline

The global copper market experienced a notable surge in prices today, driven by a combination of supportive measures from China and a significant drop in inventories on the London Metal Exchange (LME).

February 6, 2024

Barrick to spend US$136M on closure of failed Pascua-Lama project

Chilean authorities ordered the “total and definitive” closure of Pascua-Lama on their side of the border over environmental issues.

February 6, 2024

Peru unveils platform to speed up permitting

According to the Mines Ministry, the next steps in the development of the ‘Single Window’ platform are focused on reducing the amount of paperwork miners need to submit when moving into the exploitation and production stages.

February 5, 2024

Diminished Copper Production in Chile: A Comprehensive Examination of Recent Trends

Recent developments indicate a significant reduction in copper production in Chile, a nation traditionally known for its substantial contribution to the global copper market.

February 5, 2024

Navigating Challenges and Capitalizing on Opportunities: Austral Gold's Strategic Moves in FY 2023

With a clear focus on optimizing production, exploring new opportunities, and managing its financial and investment portfolios, the company is well-positioned for sustained growth in the coming year.

February 5, 2024

Rusal vs. Rio Tinto: Impact and Future of Alumina Mining in Australia

Australia, a key player in the global mining industry, has witnessed a significant shift in the dynamics of alumina mining, particularly with the rivalry between Rusal and Rio Tinto.

February 2, 2024

Exxon's Profit Dips by 35% in 2023, Settling at $36.01 Billion

Exxon Mobil's profits dropped by 35% in 2023 to $36.01 billion, revealing energy sector challenges. This prompts discussions on strategic adaptations in a dynamic global market.

February 2, 2024

Zijin Becomes First Chinese Miner with Annual Copper Output of over 1 Million Tonnes

In addition to copper, Zijin reported a 20% increase in mined gold output (67 tonnes) and a 3% rise in mined zinc and lead output (467,000 tonnes) in 2023.

February 2, 2024

The World Gold Council publishes Gold Demand Trends Full Year 2023

Annual jewellery consumption held steady at 2,093t, even in the very high gold price environment. China’s recovery supported the robust global total.

February 1, 2024

Gold Fields announces exploration into Argentina and Brazil

Company plans to send geologists this year. In addition, it ratifies the start of production in Salares Norte (Chile) in April and points to exploration in other areas of the southern country.

February 1, 2024

Cyberattack on Alamos Gold: A Wake-Up Call for Security in the Mining Industry

Alamos Gold Inc. has fallen prey to a major cyberattack, intensifying concerns about cybersecurity in the mining industry. The incident, happened last week, has spurred immediate action from the company's cybersecurity team and industry experts.

January 31, 2024

French group Eramet continues to grow in Chile in the lithium business

Eramet and RJR announce the execution of an agreement for the acquisition of exploration rights in Chile, signed this week on January 29, 2024.

January 30, 2024

Inmaculada Mine produced over 300,000 ounces of gold equivalent in 2023

However, the momentum of the Inmaculada Mine and the placement of the annual volume at the upper level of the projected range were not sufficient to surpass the results of 2022.

January 30, 2024

Cerrado Gold Announces Q4 and Annual 2023 Gold Production Results for Its Don Nicolas Mine

Cerrado Gold is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias Heap Leach project.

January 30, 2024

Exponor 2024: Shaping the Future of Mining in Chile setting international trend

Chile, a mining powerhouse, hosts the anticipated Exponor 2024, which will take place in Antofagasta, a pivotal gathering for industry leaders, experts, and stakeholders, promising significant insights.

January 29, 2024

Bolivia Launches International Tender for Lithium Extraction in Salt Flats

Bolivia launches an international tender for lithium extraction in its vast salt flats, aiming to capitalize on its abundant lithium reserves and become a major player in the global market.

January 29, 2024

Gold Rises on Middle East Risks, Focus Shifts to Fed Meeting

Amid rising Middle East tensions, gold prices surged as it reassumed its safe-haven role in geopolitical uncertainties. Investors closely watch regional developments for potential impacts on global economic stability.

January 29, 2024

Latin Metals acquieres Terraza Copper Project

Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.

January 29, 2024

Latin Metals announces private placement for gross proceeds up to $0.7 million

The proceeds of the Financing are intended to fund ongoing exploration, generative work, and for general working capital.

January 26, 2024

Vedanta Surpasses Expectations: A Comprehensive analysis of its performance in the metals market

Vedanta Limited excels in the metals market, affirming its position as a top industry player, showcasing adaptability and success in a dynamic economic landscape.