Copper prices staged a recovery on Tuesday, bouncing back from last week's 3.7% decline, driven by a decrease in inventories as investors awaited crucial U.S. inflation data to gauge potential interest rate adjustments.
Recent OPEC+ decisions prompt discussions on oil production levels and global market implications. OPEC+ members, major oil producers, met to review market conditions and adjust targets.
The Argentine Ministry of Energy, Chilean Ministry of Energy, and AgenciaSE have initiated the third and last edition of the free energy efficiency course within the framework of their EUROCLIMA project.
Gold prices fell as focus turned to the upcoming US CPI release, sparking speculation on the economy's state.
In a backdrop of mounting socio-environmental and economic challenges, the mining industry in Latin America faces a fresh setback with the halt of operations at the Atacocha San Gerardo zinc mine in Peru, operated by Nexa Resources.
The mining sector exports in Chile reached a total of US$ 4.125 billion, while copper exports amounted to US$ 3.377 billion.
Kathleen Quirk appointed CEO of Freeport-McMoRan, a top copper producer, bringing extensive sector experience as former CFO.
Mexico's mining faces scrutiny for environmental impact, especially open-pit mining. Proposal to ban signals potential industry shift.
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.
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.
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.
Tim has led Mirasol’s transition from project generator to a fully-integrated exploration company.
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.
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