Latin America Top Stories

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

MINING.COM Editor | November 14, 2024 | 1:00 am

Curtin University’s environmental DNA program expands mission with $5m funding from BHP

The nine ongoing projects include developing new eDNA methods to…

Staff Writer | November 13, 2024 | 1:21 pm

Brazil’s CSN posts $131 million net loss in Q3

The steelmaker attributed its lower core earnings to factors beyond…

Reuters | November 13, 2024 | 7:18 am

US government backs Aclara’s rare earth separation facility study

Partnership with the US Department of Commerce aims to find…

Staff Writer | November 13, 2024 | 5:46 am

Vale signs deals for free market natural gas supply

Under the free energy market, Vale will be able to…

Reuters | November 12, 2024 | 5:39 am

Peru’s August copper output jumps 11% after five-month decline

Peru produced more in August largely thanks to Glencore's Antamina, which produced 26.5% more of the red metal year-on-year.

Reuters | October 16, 2024 | 1:49 pm

NEGx Minerals to raise $127 million for projects in South America

Net proceeds will be used predominantly used towards furthering exploration at the 100%-owned Lunahuasi epithermal project.

Staff Writer | October 16, 2024 | 11:24 am

World’s top two iron ore miners raise output even as China slows

Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018.

Bloomberg News | October 16, 2024 | 10:20 am

Aclara advances rare earth separation technology

With the technology, Aclara aims to produce high-purity mixed rare earth concentrate from its Penco Module in Chile and Carina project in Brazil.

Staff Writer | October 16, 2024 | 10:10 am

Brazil reviews caves decree in potential boon for mining and energy

Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves.

Bloomberg News | October 16, 2024 | 8:12 am

Brazil’s CSN to sell up to 11% of mining unit to Japan’s Itochu

The potential transaction still depends on additional corporate and antitrust green light.

Reuters | October 16, 2024 | 7:19 am

Cosan not looking to sell Vale stake in short term, chairman says

Cosan is a Brazilian commodity giant with a stake of just over 4% in Vale.

Reuters | October 16, 2024 | 7:13 am

Barrick reports lower-than-expected preliminary gold output in third quarter

It said an expansion at Carlin mine, completed during a shutdown in the third quarter, would support higher throughput and recoveries in the last quarter of the year.

Reuters | October 16, 2024 | 5:56 am

Antofagasta copper production jumps 15% in Q3

Copper production is expected to remain at the lower end of the 670,000-710,000 tonne range, with little change in 2025.

Cecilia Jamasmie | October 16, 2024 | 3:42 am

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