Latin America Top Stories

Court approves Samarco’s judicial recovery plan

The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.

Staff Writer | September 1, 2023 | 8:53 am

JPMorgan upgrades Vale stock on iron ore demand

Steel overproduction in China represents a potential catalyst for shares,…

Staff Writer | September 1, 2023 | 8:34 am

Minsur to invest at least $2bn as it expands copper, tin operations

This includes an investment of $1.8 billion in the Justa…

Reuters | August 31, 2023 | 10:43 am

Vale starts producing test loads of iron ore briquettes

The product will help steelmakers cut their carbon emissions up…

Staff Writer | August 31, 2023 | 9:23 am

Top investors seek damages from Glencore over prospectus claims

Almost 200 funds are seeking compensation for losses they allegedly…

Staff Writer | August 31, 2023 | 6:39 am

Latest Stories

Franco-Nevada invests $352 million in Tocantinzinho gold project in Brazil

Located 200 km southwest of the city of Itaituba, Tocantinzinho is expected to be a low-cost, conventional open pit mining and milling operation.

Staff Writer | July 19, 2022 | 1:21 pm

Mining giants warn of tougher times as world demand wavers

BHP has joined rival Rio Tinto in signaling more turbulence as falling prices and mounting recession fears take toll on miners.

Bloomberg News | July 19, 2022 | 3:50 am

Codelco keeps Rajo Inca construction halted after fatal accident

The $1.6 billion Rajo Inca project seeks to extend the life of the small Salvador Division, which produced 53,000 tonnes of copper last year.

Reuters | July 18, 2022 | 4:26 pm

BHP may reconsider investments in Chile if tax hikes go forward

BHP said in a statement that higher taxes would make Chile more expensive than other top mining jurisdictions like Australia, Canada and Peru.

Reuters | July 17, 2022 | 10:42 am

Hundreds of hectares of pristine rainforest destroyed by illegal mining in Venezuela

A local NGO says that the destruction of Venezuela’s tropical rainforest by illegal miners and armed groups is done with authorities’ consent.

Valentina Ruiz Leotaud | July 17, 2022 | 8:07 am

Brazil’s Cosan backs extending talks to form iron ore mining venture

Company has approved extending talks on forming a mining venture between its subsidiary Altantico Participacoes and Bergnol Holding Limited.

Reuters | July 15, 2022 | 8:08 am

Chile top court ratifies closure of Canadian-owned Pascua Lama project

Barrick's controversial gold and copper mining project was previously ordered to shutter by the country's environmental regulator in 2018.

Reuters | July 14, 2022 | 11:38 am

Law firm behind $7 billion BHP suit gets more cash for ESG cases

PGMBM, which has also brought class-action type suits against other large corporates including Volkswagen AG and British Airways, has received the funds from investment firm North Wall Capital LLP.

Bloomberg News | July 14, 2022 | 7:51 am

Net zero climate target could fail without more copper supply – report

The world's appetite for the red metal will reach 53 million tonnes annually by mid-century – more than double current levels – but falls short of supply by 2.7 million tonnes without more recycling and mining.

Reuters | July 14, 2022 | 7:30 am

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