Chile’s copper production falls in September; industrial output also down

The country's statistics agency said the drop was due to lower-grade ore and less processing during the period.

Reuters | October 28, 2022 | 7:34 am

Teck Resources hikes cost of QB2 copper project in Chile again

Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.

Cecilia Jamasmie | October 28, 2022 | 3:56 am

Vale Q3 net beats estimates, helped by forex gains

The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.

Reuters | October 27, 2022 | 6:55 pm

Grupo Mexico posts narrower quarterly profit as mining sales fall

Revenues stood at $3.12 billion, down 14.6% from the year-ago period and missing a Refinitiv forecast of $3.19 billion.

Reuters | October 27, 2022 | 6:14 pm

Eramet examining doubling of lithium capacity in Argentina

The French mining group is aiming to start producing lithium in early 2024 at the Centenario deposit.

Reuters | October 27, 2022 | 7:49 am

Anglo American Q3 production flat as copper’s drop offsets upbeat coal output

Anglo American's quarterly output grew 16% from the previous three months led by the robust coal and diamond operations.

Reuters | October 27, 2022 | 7:42 am

Opening up protected areas in the Amazon to mining may lead to massive forest losses

A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage.

Staff Writer | October 27, 2022 | 6:06 am

Chile’s government, miners still clashing over mining royalty bill

The president of Chile's National Mining Society argued that the government should consider promoting more mining production instead of increasing taxes, arguing this would make a greater contribution to the treasury.

Reuters | October 26, 2022 | 9:44 am

Hochschild makes new discovery at Pallancata

The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery “has the potential to secure the medium-term future of the Pallancata mine.”

Staff Writer | October 26, 2022 | 9:29 am

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Brazil’s Batista brothers to invest $1 billion to boost iron ore mines

Brazilian court rules in favor of Brazil Potash’s Autazes project

Antofagasta shares fall after 2024 copper output forecast disappoints

Grupo Mexico proposes work group to address Sonora river contamination

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