Newmont buys out Yanacocha partner Buenaventura for $300 million

At the same time, Newmont will transfer its 47% interest in the La Zanja JV with Buenaventura to its partner in exchange for royalties on any future production.

Canadian Mining Journal Staff | February 8, 2022 | 11:17 am

Global lithium production hits record high on electric vehicle demand

Global consumption of lithium in 2021 was estimated to be 93,000 tonnes, a 33% increase from 70,000 tonnes in 2020.

MINING.COM Staff Writer | February 8, 2022 | 11:04 am

Latin Metals inks option agreement with Barrick Gold for Argentina properties

To earn an initial 70% interest, Barrick must pay $2.32 million in cash to the underlying vendor and $750,000 in cash to Latin Metals.

Northern Miner Staff | February 7, 2022 | 3:04 pm

MMG to halt Las Bambas copper mine amid fresh blockade

MMG said production is expected to cease by February 20 if the roadblock is not removed.

Cecilia Jamasmie | February 7, 2022 | 3:24 am

China, Argentina deepening ties beyond mining

China will provide Argentina with more than $23 billion in financing for infrastructure projects and the Belt and Road initiative.

MINING.COM Staff Writer | February 6, 2022 | 11:07 am

Zijin Mining to invest $380m in Argentina lithium plant

The plant will be located in the Tres Quebradas project, in the northern province of Catamarca.

Reuters | February 4, 2022 | 10:26 am

Peru copper output up almost 7% despite social unrest

Copper production, the country's main export, rose in 2021 partly thanks to the beginning of operations of Marcobre's $1.6 billion Mina Justa mine.

Cecilia Jamasmie | February 4, 2022 | 9:01 am

Mexico’s “Silver King,” billionaire Alberto Bailleres, has died

Bailleres had a net worth of $8.5 billion, making him Mexico’s fourth richest person.

Bloomberg News | February 4, 2022 | 4:37 am

Colombia to open gold, coal assets up for bids

On February 24, the government will pre-launch the gold round to allow interested companies to prepare their proposals.

Cecilia Jamasmie | February 4, 2022 | 3:55 am

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Last

Antamina mine to get life extension approval by year’s end, says CEO

Codelco still evaluating operations hit by rain stoppages

Peru plans to extend military presence in bid to keep copper shipments flowing

Friedland warns of a copper ‘train wreck’ as supply stalls

Heavy rains in Chile cause floods, shut down some copper mines

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