Record gold and copper prices are also a boon for illegal mining in PeruIllegal mining had become a “huge challenge” and that the government was working on a bill to create a new framework for small miners.Bloomberg News | May 22, 2024 | 12:22 pm
Southern Copper aims to boost Peru output by 520,000t in 8-10 yearsSouthern Copper operates the Cuajone and Toquepala mines in Peru.Reuters | May 22, 2024 | 12:16 pm
Anglo American rejects BHP’s third bid, extends deadlineAnglo has left the door open for BHP as it…Cecilia Jamasmie | May 22, 2024 | 7:03 am
Brazil authorities expect Mariana dam disaster deal to close in December According to the newspaper O Tempo, the compensation is expected to exceed that of the Brumadinho disaster, for which Vale paid $7.72 billion. Staff Writer | November 29, 2023 | 10:33 am
Panama to shut down First Quantum mine after ruling, President says Authorities will start “the transition process for the orderly and safe closure of the mine,” Laurentino Cortizo said in a post on X. Bloomberg News | November 29, 2023 | 8:12 am
Electric car makers can stop worrying so much about lithium Lithium’s price slump over the past year has been as dramatic as its climb — and it’s probably not finished yet. Bloomberg News | November 29, 2023 | 7:54 am
Strike at Las Bambas mine to end on Thursday The announcement comes after a government labor entity said the strike was improper. Reuters | November 28, 2023 | 1:34 pm
Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 If the Cobre Panama mine was to be permanently shut, then the market could easily move into deficit in 2024, a Macquarie analyst said. Reuters | November 28, 2023 | 10:15 am
Chile mining body says new lithium projects needed beyond SQM, Albemarle The head of one of Chile's top mining associations on Tuesday urged the government to speed up efforts to expand the lithium industry. Reuters | November 28, 2023 | 10:06 am
Workers at MMG’s Las Bambas mine go on indefinite strike Las Bambas workers are demanding greater profit sharing and better transport conditions. Reuters | November 28, 2023 | 9:47 am
American Lithium says Peru project could be fast-tracked The miner hiked its estimates for the Falchani project by 476% from 2019, saying it could hold 5.53 million metric tons of lithium carbonate equivalent. Reuters | November 28, 2023 | 8:18 am
Peru mining keeping country out of deeper recession, minister says The world's No. 2 copper producer fell into a recession earlier this year. Reuters | November 28, 2023 | 8:14 am