Los Pelambres expansion to cost Antofagasta $500m more than planned

Los Pelambres expansion to cost Antofagasta $900m more than planned

The ongoing project at Los Pelambres copper mine in Chile will cost $2.2bn, up from last year's estimate of $1.7bn and a 70% jump from the original $1.3bn figure.

Cecilia Jamasmie | April 21, 2022 | 6:00 am

SolGold’s Cascabel could be “top 20” mine in South America

Long-delayed pre-feasibility study for the copper-gold project in Ecuador confirms Cascabel is "no ordinary mining asset."

Cecilia Jamasmie | April 20, 2022 | 5:56 am

De Beers back to search for diamonds in Angola

The diamond miner has inked two mineral investment deals with the country's government granting the company exploration rights for 35 years.

Cecilia Jamasmie | April 20, 2022 | 3:58 am

Mexico’s lower house backs lithium nationalization plans

The proposed law, now in the hands of the Senate, bans all private participation in the exploration and mining of the battery metal.

Cecilia Jamasmie | April 19, 2022 | 4:13 am

Chile heads towards two “lost decades” of copper output growth

Chile’s crown as world’s No.1 copper producer is at risk despite the billions of dollars invested in new projects lately, experts warn.

Cecilia Jamasmie | April 14, 2022 | 6:13 am

Eldorado Gold flags Omicron hit to quarterly production

Despite the labour issues, the Canadian miner left its production guidance of 460,000-490,000 ounces of gold for 2022 unchanged.

Cecilia Jamasmie | April 14, 2022 | 3:51 am

Talon Metals expands exploration at nickel project in Minnesota

Talon Metals expands exploration at Minnesota nickel project

The company holds a 51% interest in the Tamarack project, the only high-grade development-stage nickel project in the US.

Cecilia Jamasmie | April 13, 2022 | 7:02 am

Mexico passes mining reform nationalizing lithium

Mexican president to fast-track nationalization of lithium if power reform thwarted

President López Obrador will send a bill to Congress on Monday if reform tightening state control of the energy sector is not approved.

Cecilia Jamasmie | April 13, 2022 | 3:54 am

Newmont becomes sole owner of Yanacocha gold mine in Peru

The world’s no. 1 gold company is buying the 5% stake Sumitomo has in the Peruvian gold mine for $48 million.

Cecilia Jamasmie | April 12, 2022 | 6:26 am

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