Latin America Top Stories

BHP removes striking workers at huge Chile copper mine, output at risk

The union’s 2,400 members downed tools at Escondida Tuesday morning after rejecting BHP’s latest proposal as part of a collective bargaining.

Reuters | August 13, 2024 | 3:49 pm

Germany, Italy import legally dubious Brazilian gold, study shows

About 94% of the Brazilian gold imported by Germany and…

Reuters | August 13, 2024 | 10:37 am

CleanTech Lithium heads for Australian listing

The Chile-focused explorer and direct lithium extraction enthusiast will also…

Cecilia Jamasmie | August 13, 2024 | 5:47 am

BHP workers at Escondida copper mine go on strike

The strike at the world’s largest copper mine began at…

Cecilia Jamasmie | August 13, 2024 | 3:53 am

Union at BHP’s Escondida mine says company made ‘illegal’ offer amid negotiations

The union accuses the company of making an offer outside…

Reuters | August 12, 2024 | 3:33 pm

Panama completes process of mining concession cancellations

The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.

Staff Writer | April 26, 2024 | 7:45 am

Silvercorp diversifies into South America with $146 million deal for Adventus

Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.

Staff Writer | April 26, 2024 | 7:04 am

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

Cecilia Jamasmie | April 26, 2024 | 3:24 am

Miner owned by South America’s richest family mulls bond sale

Antofagasta, which operates copper mines in Chile, last tapped global debt markets in 2022 when it sold $500 million in 10-year bonds.

Bloomberg News | April 25, 2024 | 4:14 pm

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

Bloomberg News | April 25, 2024 | 12:25 pm

Copper price rally resuscitates world’s worst-performing currency in the first quarter

The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month.

Bloomberg News | April 25, 2024 | 10:53 am

Chile president wants copper output boost of 1Mt by 2026

"We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days," Boric said on Thursday.

Reuters | April 25, 2024 | 9:00 am

Vale sees no impact from BHP-Anglo deal on Minas-Rio project

Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested.

Reuters | April 25, 2024 | 8:41 am

Grupo Mexico posts 16% drop in Q1 net profit as metals prices fall

Earnings were lower copper, molybdenum and zinc prices.

Reuters | April 25, 2024 | 8:39 am

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