Vale buys remaining 45% stake in Alianca Energia for $541 millionThe deal would give Vale 100% ownership of the energy company, which has assets including seven hydroelectric plants and three wind units.Reuters | March 27, 2024 | 3:33 pm
Buenaventura adds two board members from Chile’s AntofagastaA partnership between the two miners began late last year.Reuters | March 27, 2024 | 2:03 pm
Chile’s mining minister urges SQM, Tianqi to resolve spatTianqi last week raised concerns over transparency in the firm's…Reuters | March 27, 2024 | 7:18 am
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets. Reuters | July 30, 2023 | 11:05 am
Crystallex gets priority in proceeds from Citgo owner share sale The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago. Bloomberg News | July 29, 2023 | 2:03 pm
Samarco files judicial reorganization plan alongside creditors The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt. Reuters | July 29, 2023 | 12:50 pm
Southern Copper getting more optimistic on stalled Peru mine The company has been trying for years to convince local communities of the merits of the Tia Maria project. Bloomberg News | July 28, 2023 | 4:36 pm
Glencore in advanced talks for Argentina copper stake Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project. Bloomberg News | July 28, 2023 | 4:02 pm
Codelco sees lower copper output, more stoppages in 2023 Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier. Reuters | July 28, 2023 | 11:43 am
Albemarle ends early contract deal with Chile supervisors union Miners routinely seek to seal early contract negotiations to avoid the risk of strikes at their operations. Reuters | July 28, 2023 | 8:58 am
Vale doesn’t rule out IPO or merger of base metals unit ahead Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1. Reuters | July 28, 2023 | 8:17 am
Founders Metals drills 12 m of 19.2 g/t gold in Suriname, stock surges The 238 sq.km. Antino property is the most advanced gold exploration project in Suriname. Staff Writer | July 28, 2023 | 8:15 am