Buenaventura sees Antofagasta as ally in copper growth plansWhile the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan.Bloomberg News | January 4, 2024 | 12:43 pm
Wealth Minerals releases positive PEA for $1.15bn Kuska lithium project in ChileBaseline capital expenditures are estimated at $749 million, including $44…Staff Writer | January 4, 2024 | 10:42 am
Barrick, Antofagasta to spend $95m exploring for copper in ChileThrough the newly formed Minera El Encierro, the companies will…Staff Writer | January 4, 2024 | 5:45 am
US says it must work with Latin America more on key minerals The Biden administration has begun a push to diversify the US’ sources of important goods and materials and to reduce dependency on China. Bloomberg News | July 26, 2023 | 11:28 am
Cochilco cuts 2023 copper price forecast to $3.85/lb The agency had previously set a forecast of $3.90 in May. Reuters | July 26, 2023 | 10:30 am
Eramet says it secured $400 million lithium deal with Glencore Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina. Reuters | July 26, 2023 | 9:50 am
Adventus, Salazar on track to get environmental licence for Ecuador copper-gold project The project partners are expecting the El Domo environmental licence to be approved by the second half of 2023. Staff Writer | July 26, 2023 | 9:23 am
Rio Tinto to miss 2025 emissions cuts targets The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets. Cecilia Jamasmie | July 26, 2023 | 5:49 am
Colombia names leftist engineer as new mining minister Andrés Camacho, 42, will be in charge of Colombia’s transition away from its two main sources of revenue: oil and coal. Cecilia Jamasmie | July 26, 2023 | 3:57 am
Allkem to receive up to $180 million to develop Argentina plant A battery-grade brine lithium plant will be developed at the Sal de Vida site. Reuters | July 24, 2023 | 2:10 pm
Los Andes Copper signs $20 million royalty deal with Ecora Resources Prefeasibility study released in February 2023 demonstrated a 26-year open pit operation at 136,000 t/d. Staff Writer | July 24, 2023 | 10:30 am
Worker trapped after accident at Codelco project in Chile unharmed The event occurred in Andes Norte, part of the new El Teniente mine. Reuters | July 24, 2023 | 8:44 am