LME Week: Codelco expects China’s copper demand to be resilient

China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.

Reuters | October 24, 2022 | 10:49 am

US mining sanctions take aim at Nicaragua’s Ortega

Biden has signed an executive order that includes the authority to ban US companies from doing business in Nicaragua's gold industry.

Reuters | October 24, 2022 | 10:10 am

Copper buyers want longer-term deals on supply concerns, Codelco says

The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.

Bloomberg News | October 24, 2022 | 9:02 am

Chilean mines’ demand for clean energy solutions could be met by local businesses – report

Such demand could be met by local companies as long as they ramp up the production of green fuels and their manufacturing capabilities when it comes to electrifying mining fleets.

Staff Writer | October 23, 2022 | 6:36 am

Vale CEO says miner will spin off copper, nickel unit

Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.

Reuters | October 21, 2022 | 11:08 am

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

Bloomberg News | October 21, 2022 | 10:32 am

Omai doubles Guyana gold resource

The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 g/t.

Staff Writer | October 20, 2022 | 3:05 pm

Brazil mining group sees steady investment regardless of election result

Brazil is nearing the end of campaigning ahead of a second-round runoff election between leftist former President Luiz Inacio Lula da Silva.

Reuters | October 20, 2022 | 2:00 pm

Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO

The company is currently mobilizing drill teams after a July environmental court decision reinstating the drilling permit.

Henry Lazenby | October 20, 2022 | 11:26 am

First

Last

Vale agrees to pay over $106m in compensation to Minas Gerais evacuees

Tucano Gold to take over Great Panther’s Tucano mine in Brazil

Legislature of Argentina’s lithium-rich province discusses expediting EIA procedures

Codelco taps new chief amid push to grow output

BHP, Codelco, Freeport vie for title of biggest copper producer

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