Latin America Top Stories

SQM expects to close Codelco lithium deal by May 31 deadline

Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation.

Reuters | May 23, 2024 | 11:16 am

Aris Mining gains controlling stake in Soto Norte project

Aris is starting a pre-feasibility study for the new development…

Staff Writer | May 23, 2024 | 11:02 am

Troubled Peru copper mine starts expansion work in supply boost

Las Bambas has for years operated well below its annual…

Bloomberg News | May 23, 2024 | 8:26 am

SQM swings to $870 million loss on sinking prices, tax ruling

Data from Benchmark Mineral Intelligence suggests that global prices have…

Reuters | May 23, 2024 | 7:10 am

First Quantum seeks to speed up Peru projects after Panama debacle

The miner controls the La Granja project, worth at least…

Reuters | May 22, 2024 | 3:24 pm

Rinehart expands Ecuador push with stake in copper-gold project

Private company Hancock Prospecting will pay Titan Minerals as much as $120 million on drilling and exploration work.

Bloomberg News | April 18, 2024 | 1:24 am

Governments must broker local support for mines, industry group says

CMM now pushing governments to bear the full responsibility of obtaining free, prior and informed consent from local communities.

Reuters | April 17, 2024 | 4:13 pm

Codelco to benefit from entry into lithium business, says Moody’s

On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.

Staff Writer | April 17, 2024 | 10:29 am

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

Reuters | April 17, 2024 | 9:48 am

Aging copper mines are turning into money pits despite demand

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

Bloomberg Opinion | April 17, 2024 | 8:08 am

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.

Reuters | April 17, 2024 | 5:19 am

Rio Tinto to favour development over acquisition of copper mines — exec

Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.

MINING.COM Editor | April 17, 2024 | 3:49 am

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

Reuters | April 16, 2024 | 4:52 pm

Codelco CEO vows to pursue community buy-in over lithium expansion

Chile’s state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said.

Reuters | April 16, 2024 | 11:49 am

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