Camino shares surge as Rio Tinto takes position next to its Peru copper project

Camino said it has also increased its claims at the Los Chapitos property by an additional 10 square kilometres.

Staff Writer | November 8, 2023 | 11:22 am

Atlas Lithium raises $20 million from investors led by former Allkem chairman

Earlier this year, Atlas also raised $20 million by selling a 3% gross overriding revenue royalty on the Das Neves project.

Staff Writer | November 8, 2023 | 9:33 am

Rio Tinto, Codelco partner to find more copper in Chile

Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country.

Cecilia Jamasmie | November 8, 2023 | 6:13 am

Suriname bauxite project may attract interest from Indian, Chinese companies

The South American country hopes to have awarded a concession for bauxite by this time next year.

Reuters | November 7, 2023 | 3:27 pm

Peru miners say copper output could climb without impact from protests

Victor Gobitz, president of SNMP, said 2024 output could hit 2.7-2.8 million metric tons.

Reuters | November 7, 2023 | 10:11 am

Nascent recovery in Chilean copper mining is spluttering

October’s export revenue from copper fell 6.7% from September and 8.8% from a year ago.

Bloomberg News | November 7, 2023 | 10:05 am

Codelco cuts 2024 copper premium to China, changes contract structure

The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year.

Reuters | November 7, 2023 | 9:57 am

What green energy transition? Half of mining still exploring for gold

New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.

Frik Els | November 7, 2023 | 8:34 am

Peru mine spending at eight-year low signals copper tightening

Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said.

Bloomberg News | November 7, 2023 | 8:33 am

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Panama completes process of mining concession cancellations

Silvercorp diversifies into South America with $146 million deal for Adventus

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Miner owned by South America’s richest family mulls bond sale

Anglo’s stumbles have made it prey for mining’s biggest predator

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