More investors push Glencore to keep coal post-Teck dealEchoing a demand last week by activist Tribeca Investment Partners, three other top investors said they will vote to keep the unit.Reuters | March 22, 2024 | 2:50 am
SQM doubles down on lithium boom as peers go on the defensiveOn the edge of Chile’s Atacama Desert, one of the…Bloomberg News | March 21, 2024 | 4:28 pm
Antofagasta launches desalination plant for Los Pelambres mineThe mine is the first to operate with desalinated water…Reuters | March 21, 2024 | 12:58 pm
Trafigura wrestles with future of metals unit after losses Trafigura Group is struggling with its metal business following a string of missteps. Bloomberg News | September 17, 2023 | 9:54 am
Agnico Eagle marks 90th anniversary of Macassa mine, makes $2.2m cancer donation In addition to celebrating the #4 Shaft project, Agnico announced a 10-year commitment to the Canadian Cancer Society. Staff Writer | September 15, 2023 | 3:29 pm
Lundin aims to strengthen Chilean presence after approval of project at key copper mine In April, Lundin agreed to pay $950 million for 51% of the Caserones mine in Chile. Reuters | September 15, 2023 | 11:08 am
Investors glimpse opportunity in Europe’s unloved mining shares The STOXX Europe 600 mining index has fallen 15% this year, making it the worst performing sector in the region by some margin. Reuters | September 15, 2023 | 9:08 am
Private debt funds of $750 million sought for BHP mine bid Stanmore Resources Ltd. is seeking to borrow a total of $1.1 billion for its acquisition of the Daunia coal mine. Bloomberg News | September 15, 2023 | 7:35 am
Pará municipal chamber wants Vale to pay $82 million for gold “hidden in copper” The CPI alleges the company did not declare how much gold and silver was extracted from the Salobo mine. Bruno Venditti | September 15, 2023 | 7:21 am
Gold Fields cuts output targets in Chile on project delay Miner also increased its total capital estimate for Salares Norte gold project by $20 million to slightly over $1 billion. Cecilia Jamasmie | September 15, 2023 | 3:49 am
Rio Tinto IOC donates $3m to Cégep de Sept-Îles for research and training pavilion The initiative is part of a collaboration between IOC and the local college through the RAIL Centre of Expertise. Staff Writer | September 14, 2023 | 5:21 pm
Codelco chairman calls claims of insolvency risk ‘nonsense’ Pacheco was responding to a report last month from copper studies center CESCO that said if production promises are not met, high levels of debt could lead to insolvency. Reuters | September 14, 2023 | 7:48 am