News

June 18, 2024

Chile, Japan boost ties involving lithium extraction, supply

Both countries have agreed to strengthen cooperation in the mining and supply of lithium, including deals for Japanese firms’ acquisition of long-term preferential access to the battery metal, in order to adding value to the raw material extracted in Chile.

June 17, 2024

Gallagher Security welcomes Luisa Merlano as Technical Business Development Manager for the Latin America Region

Gallagher Security continues to strengthen its team and expand its reach in the Latin America region, demonstrating its commitment to providing top-tier security solutions and support.

June 16, 2024

Chile says Saudi mining minister to visit, lithium expected on agenda

Saudi Minister told Reuters in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector.

June 15, 2024

Nicolás Montes: "Our focus is to contribute to a more sustainable industry"

Ceibo is an expert company in mining and comprehensive road management solutions for a more sustainable industry.

June 15, 2024

Revolutionary Lithium Sampling Tool to Boost Discovery and Production from Brine Resources

The Borehole Formation Tester released by Zelandez will deliver actionable lithium-aquifer data to lithium brine developers, helping to produce more lithium and reducing the cost of lithium exploration.

June 6, 2024

Shell Lubricants:“The role of lubricants in mining is underestimated in other parts of the world.”

Elitza Terzova, Global Sector Manager for Mining at Shell Lubricants, commented on how, unlike in other countries, Chilean mining companies recognize the importance of selecting the right high-performing lubricants.

June 3, 2024

Authorities Inaugurate Exponor 2024

Authorities inaugurated the 2024 edition of Exponor, which will take place from June 3 to June 6, with the participation of 32 countries and 1,146 exhibitors.

Mayo 31, 2024

Codelco and SQM sign partnership agreement

Starting in 2031, the state will receive 85% of the operating margin of the new production through payments to Corfo, taxes and the profits received by Codelco as a shareholder.

Mayo 31, 2024

Southern Cross Gold more than doubles Sunday Creek drill program

Southern Cross Gold continues to report strong gold intercepts at the Sunday Creek project in Victoria, Australia.

Mayo 31, 2024

Wyloo to build $900M battery material plant in Sudbury

The plant would target output of around 50,000 tonnes a year of nickel sulphate and precursor cathode active material, a battery component often containing nickel, cobalt or other chemical elements.

Mayo 31, 2024

Lithium Ionic announces FS results for Bandeira lithium project in Brazil

Lithium Ionic study gives Bandeira project US$1.3B NPV

Mayo 31, 2024

BHP abandons US$49B bid for Anglo

A core part of BHP’s plan was splitting off Anglo’s platinum holdings in South Africa, a politically sensitive move that stirred government opposition ahead of the country’s general election.

Mayo 24, 2024

Las Bambas copper mine starts expansion work in supply boost

Preparations for mining at the new Chalcobamba pit have begun.

Mayo 24, 2024

SQM expects to close Codelco lithium deal by May 31 deadline

The deal would give Codelco a 50% plus one share stake in a SQM’s lithium production in Chile’s Salar de Atacama.

Mayo 24, 2024

Newmont resumes operations at its Cerro Negro mine in Argentina

Cerro Negro is undergoing a $540-million expansion project that would extend its life until 2034.

Mayo 6, 2024

Codelco ensures 100% renewable energy supply by 2030

The Corporation signed a modification of the contract signed in 2007 with Engie, which will allow it to replace coal electricity supply with renewable energy.

Mayo 2, 2024

Mark Bristow: Barrick Gold is not interested in bidding for Anglo American

However Bristow said that the company has received written assurances from the junta that there was no threat of its assets being nationalized.

Mayo 2, 2024

Glencore takes 15.4% Stillwater Critical Minerals stake

Stillwater West is a large, brownfields project located in Montana’s Stillwater.

April 30, 2024

Hochschild Mining: Steady progress toward 2024 production goals

Hochschild Mining reports significant gold production increase, supporting 2024 targets. First-quarter output rose to 45,937 ounces, compared to 39,730 in 2023. New Mara Rosa mine in Brazil contributes.

April 30, 2024

Glencore's trading division is now expected to achieve a profit between $3 billion and $3.5 billion for the fiscal year

On Tuesday, Glencore announced that it anticipates profit from its trading division for this year to be at the upper end of its long-term annual guidance. This projection comes amid an environment of elevated interest rates and high commodity prices.

April 30, 2024

Climate change poses a drought risk to half of all copper mining operations

As forecasts for the copper demand in the clean-energy transition contribute to driving prices of the essential metal to their highest levels in two years, a recent report underscores the threats to future metal supplies posed by climate change.

April 30, 2024

First Quantum to close Ravensthorpe nickel mine

Canadian mining company First Quantum Minerals has chosen to cease operations at its Ravensthorpe nickel mine in Western Australia.

April 29, 2024

Gold price increases due to weakening dollar, investors await US data

The price of gold rose on Monday, driven by the weakness of the US dollar, as investors awaited the Federal Reserve's monetary policy meeting and US nonfarm payroll data due later this week.

April 29, 2024

Endeavour Mining achieves first gold pour at expanded Senegal mine

Endeavour Mining announced on Monday the successful first gold pour from its Senegal mine expansion on April 18th, achieving a major milestone for the BIOX® expansion project, completed on schedule and within budget.

April 26, 2024

Chile: Tianqi on financial information regarding the Codelco-SQM agreement, "It is completely inadequate."

The Chinese firm sharply criticized the agreement between Codelco and SQM, accusing SQM of "repeatedly refusing to convene a meeting to vote on this important decision."

April 25, 2024

Teck Resources boosts copper output by 74% through QB expansion in Chile

Teck Resources' copper output surged 74% in Q1, driven by Quebrada Blanca (QB) mine expansion in Chile. QB2 production, delayed by weather and COVID-19, saw increased costs.

April 25, 2024

Lundin Gold achieves debt-free status by repaying $330 million to Newmon

Lundin Gold, has recently reached a significant milestone by fully repaying a debt of $330 million to Newmont Corporation. This strategic move positions Lundin Gold in a strong financial position and underscores its commitment to financial stability and growth in the sector.