Cochilco says large-scale copper mining costs keep growing

The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.

Reuters | October 24, 2023 | 11:25 am

Teck stock drops to seven-month low on rising cost of flagship copper mine

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.

Bloomberg News | October 24, 2023 | 10:31 am

Anglo American lowers 2023 copper production guidance

Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000.

Reuters | October 24, 2023 | 9:46 am

Bravo Mining shares surge on initial resource estimate for Luanga project in Brazil

The MRE showed a substantial increase in tonnes and contained metals over historical estimates provided by Vale.

Staff Writer | October 23, 2023 | 9:07 am

Horizonte Minerals in talks to fund nickel project overrun

The Araguaia project is facing a 35% cost jump and first production has been delayed to the third quarter of next year.

Cecilia Jamasmie | October 23, 2023 | 5:05 am

SQM buys 30% stake in Australia’s Pirra Lithium

The Chilean lithium giant will ultimately increase its interest to 40% by spending $1.9 million in exploration.

Cecilia Jamasmie | October 23, 2023 | 3:45 am

Cuajone’s expansion project would not increase water usage – Southern Peru exec

Southern Copper Peru’s superintendent of environmental services said water use would not increase at the Cuajone copper mine as a result of its expansion project.

Valentina Ruiz Leotaud | October 21, 2023 | 1:14 pm

South Star eyes faster ramp up of Brazil graphite mine

The Santa Cruz project's output could reach 50,000 metric tons annually.

Reuters | October 20, 2023 | 1:27 pm

Brazil’s J&F to invest more than $1 billion in mining assets bought from Vale

Since taking over the mines, J&F has managed to double its 2021 production to 4 million tons of ore.

Reuters | October 20, 2023 | 8:09 am

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Brazil wants next Vale CEO to be closer to government

Brazil rejects Vale, BHP settlement offer for Mariana disaster

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