How one of the tiniest oil markets cost Trafigura over $1 billionLast week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.Bloomberg News | November 3, 2024 | 9:10 am
Excellon plans return to silver mining next year with Mallay mine deal in PeruThe transaction follows years of efforts to find a replacement…Henry Lazenby - The Northern Miner | November 1, 2024 | 2:17 pm
Ecuador to reopen mining register for first time in over six yearsThe recent executive decree mandates the inclusion of all mining…Staff Writer | November 1, 2024 | 6:43 am
Hochschild shares surge on best quarter in five years The company mined 16% more gold and silver in the third quarter of the year than it did in Q3 2023, thanks mainly to its new mine in Brazil. Cecilia Jamasmie | October 23, 2024 | 6:33 am
Silvercorp, Salazar to kick off Ecuador mine construction in early 2025 Early works will take place from November to the end of the year, with construction expected to start after the rainy season in Ecuador. Cecilia Jamasmie | October 23, 2024 | 3:58 am
Brazil seeks to woo partners in revived ambition to uncover uranium riches Latin America’s biggest economy holds 5% of the world’s uranium resources but only produces a tiny amount. Bloomberg News | October 22, 2024 | 11:10 am
Dam disaster deal should curb lawsuits against Vale and BHP, sources say The agreement could be signed this week, nearly nine years after the 2015 disaster in the city of Mariana. Reuters | October 22, 2024 | 8:23 am
Serra Verde makes global list of critical projects The Minerals Security Partnership has named Serra Verde's Pela Ema mine in Brazil of critical importance to the global energy transition. Cecilia Jamasmie | October 22, 2024 | 3:52 am
Liability trial for BHP in Samarco dam collapse begins in London BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off. Cecilia Jamasmie | October 21, 2024 | 3:26 am
Peru’s Chinese-built mega port to soft launch in late November with Shanghai route Cosco Shipping Ports owns and will operate the port with a 60% stake, with 40% held by Peruvian miner Volcan, which is controlled by Glencore. Reuters | October 21, 2024 | 2:10 am
Brazil to seal $30 billion compensation deal with BHP, Vale over 2015 dam collapse As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement amount or terms. Staff Writer | October 18, 2024 | 2:32 pm
G Mining-Reunion Gold spinout Greenheart raises $26 million for exploration Greenheart is focused on regional assets outside of Oko West in the Guiana Shield. Henry Lazenby - The Northern Miner | October 18, 2024 | 12:31 pm