BHP warns AI boom would worsen copper shortageGrowth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.Cecilia Jamasmie | September 17, 2024 | 7:17 am
Antofagasta to invest $3.5 billion in 2025 amid portfolio expansionThe miner is actively looking for copper projects in Peru…Cecilia Jamasmie | September 16, 2024 | 8:08 am
Vale says routine check revealed cracks in dam, stability unchangedIn a securities filing, the company said the issue concerns…Reuters | September 14, 2024 | 4:02 pm
Indigenous groups block Vale’s Carajás Railroad in Pará The miner has an injunction to release the Carajás Railroad, used to transport iron ore produced from the Northern System. Bruno Venditti | July 26, 2024 | 9:11 am
Vale on track to hit top end of iron ore guidance, CEO says Vale guidance for iron ore production in 2024 is between 310 million and 320 million tonnes. Staff Writer | July 26, 2024 | 8:49 am
Codelco says output falls 8% in first half of 2024 Coldelco has said this year's output should top the 1.325 million tons produced last year. Reuters | July 26, 2024 | 8:20 am
Vale says Q2 net profit triples, iron ore sales up The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion. Reuters | July 25, 2024 | 3:53 pm
Adventus wins permit challenge, but Silvercorp deal still in jeopardy The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte. Staff Writer | July 25, 2024 | 2:56 pm
Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats. Reuters | July 25, 2024 | 2:44 pm
Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country. Reuters | July 25, 2024 | 11:28 am
First Quantum mine not on agenda this year, says Panama President The Panamanian President said Cobre Panama will be addressed as needed, but stressed that there are currently more important priorities such as the social security fund. Reuters | July 25, 2024 | 7:19 am
Anglo American takes fresh $1.6bn writedown on UK fertilizer mine Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units. Cecilia Jamasmie | July 25, 2024 | 3:46 am