Chile open to modifying copper royalty bill on miners objections If changes are approved, miners will pay a fixed "ad valorem" component of 1% on copper sales and 8% to 26% on their operating margins. Cecilia Jamasmie | March 22, 2023 | 3:58 am
Fresnillo halves dividend as inflation hits profit The world’s top silver producer and Mexico’s largest gold miner declared a dividend of 13.3 cents per share, down 51% from a year prior. Cecilia Jamasmie | March 7, 2023 | 5:59 am
Sibanye-Stillwater secures controlling stake in New Century Resources The precious metals miner now controls nearly 71% of New Century Resources, for which it launched an unsolicited takeover bid in February. Cecilia Jamasmie | March 7, 2023 | 3:23 am
South America looks at creating “lithium OPEC” Argentina, Chile, Bolivia and Brazil would cooperate to expand their processing capacity, open battery plants and make EVs locally. Cecilia Jamasmie | March 6, 2023 | 6:53 am
Iamgold picks former New Gold boss Adams as new CEO Adams replaces board chair Maryse Belanger, who was acting as interim President and CEO during the executive search process. Cecilia Jamasmie | March 6, 2023 | 3:58 am
First Quantum losing $8 million a day on Cobre Panama halt The miner's local unit warned of "exponential and irreparable" damage to the company and stakeholders, including the workforce. Cecilia Jamasmie | March 3, 2023 | 3:57 am
Tesla lobbying to secure lithium from Chile — report Tesla executives held talks with the ministers of foreign affairs and mining, as well as with the leader of the development agency Corfo. Cecilia Jamasmie | March 2, 2023 | 6:53 am
SQM to spend $3.4 billion by 2025 as profit tripled The world’s second-largest lithium miner's net income hit $3.9 billion in 2022, compared $585.5 million the previous year. Cecilia Jamasmie | March 2, 2023 | 3:44 am
BHP seeks to tighten grip on South America’s copper sector BHP officials met with Argentinian authorities this week, expressing interest in increasing investments in the San Juan province. Cecilia Jamasmie | March 1, 2023 | 6:52 am