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).
Chilean authorities ordered the “total and definitive” closure of Pascua-Lama on their side of the border over environmental issues.
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.
Recent developments indicate a significant reduction in copper production in Chile, a nation traditionally known for its substantial contribution to the global copper market.
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.
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.
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.
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.
Annual jewellery consumption held steady at 2,093t, even in the very high gold price environment. China’s recovery supported the robust global total.
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.
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.
Eramet and RJR announce the execution of an agreement for the acquisition of exploration rights in Chile, signed this week on January 29, 2024.
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.
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.
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.
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.
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.
Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.
The proceeds of the Financing are intended to fund ongoing exploration, generative work, and for general working capital.
Vedanta Limited excels in the metals market, affirming its position as a top industry player, showcasing adaptability and success in a dynamic economic landscape.
In a devastating incident, an aircraft carrying workers from Rio Tinto crashed in the Arctic region, resulting in a tragic loss of lives. The plane, en route to a remote mining site, faced unforeseen challenges leading to the fatal accident.
The Maricunga lithium project sits on its namesake salt flat, Chile’s second-largest in terms of reserves.
Introducing the Pit Viper 271 XC E, Pit Viper 275 XC E, and Pit Viper 291 E blasthole drill rigs. With the release of these three drills, Epiroc now provides electric alternatives for each drill in the Pit Viper series.
The latest addition to the portfolio is a new type of service agreement offering an opportunity for customers to own the battery and at the same time benefit from the latest updates and service.
ABB Ability™ Smart Hoisting ensures that customers can improve uptime, availability and productivity of their equipment with actionable insights on key performance indicators.
Peter brings vast international experience in managing legal, risk, compliance, M&A, antitrust and corporate governance affairs.
In a dynamic market setting, gold prices experienced an upward trend driven by the depreciation of the U.S. dollar. Investors keenly await economic data from the United States, anticipating potential impacts on market changes.
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