Latin America Top Stories

China’s fast-growing copper champion is reshaping global metal supply

After a three-decade exploration and acquisition blitz, Zijin Mining Group is digging up gold, copper and lithium across multiple continents.

Bloomberg News | October 2, 2024 | 4:58 pm

Vale’s new boss pledges to grow copper output after falling behind rivals

The company sees copper and nickel as part of the…

Reuters | October 2, 2024 | 2:49 pm

Brazilian state to host COP30 climate summit defends gold mining rules

Brazil's Green Party has challenged the regulations allowing municipal authorities…

Reuters | October 2, 2024 | 1:22 pm

Rio2 receives key permits for Fenix gold mine in Chile

The permits cover mining methods, processing plant, waste dumps and…

Staff Writer | October 2, 2024 | 10:21 am

New Vale CEO set to earn up to $11 million annually

About 80% of Gustavo Pimenta’s compensation is tied to achieving…

Staff Writer | October 2, 2024 | 9:14 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

Codelco says it will wait to evaluate financing for El Abra expansion

Freeport McMoran, which owns 51% of the mine, plans to invest around $7.5 billion to expand.

Reuters | July 24, 2024 | 11:28 am

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

Staff Writer | July 24, 2024 | 8:45 am

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