Newmont to sell six non-core assets in Canada, AustraliaThe world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.Cecilia Jamasmie | February 22, 2024 | 4:03 am
Vale says its Sossego copper mine operating license has been suspendedVale produced 66,800 metric tons of copper in 2023 in…Reuters | February 21, 2024 | 4:20 pm
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine strugglesJiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000…Cecilia Jamasmie | February 21, 2024 | 3:47 am
Tsingshan plans $233 million lithium-related investment in Chile Company to set up a plant to produce lithium iron phosphate, Chilean President Gabriel Boric said. Reuters | October 16, 2023 | 6:45 am
Peru’s economy weaker than expected in August, shrinks 0.63% y/y An increase in mining activity partly offset a drop in sectors like manufacturing. Reuters | October 15, 2023 | 10:33 am
Indigenous groups in Peru’s northernmost department demand mining concession nullity A 1000-hectare concession in the upper basin of the Nanay River is causing controversy in Peru. Valentina Ruiz Leotaud | October 15, 2023 | 7:50 am
Peru’s copper production up 7.5% in August Between January and August, copper output in Peru rose 18% compared to the previous year. Reuters | October 13, 2023 | 1:19 pm
Chilean startup raises $10 million for video game-inspired mining software TIMining provides data analytics and real-time simulation to boost productivity and safety at about 50 mines, including some owned by BHP, Anglo American and Codelco. Bloomberg News | October 13, 2023 | 10:09 am
Mexico govt blames Grupo Mexico for 2014 toxic spill, wants new cleanup plan The spill pumped 40,000 cubic meters of toxic mining acid into the Bacanuchi river in Mexico's northern Sonora state. Reuters | October 13, 2023 | 9:09 am
BYD looks to buy lithium assets in Brazil in EV raw material push Latin America has emerged as a hot spot for carmakers seeking to tap metals used in electric vehicles. Bloomberg News | October 12, 2023 | 4:27 pm
Raising capital now biggest risk to mining companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey. Frik Els | October 12, 2023 | 1:26 pm
Lithium heavyweight Chile woos Japan to develop local industry Chile says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to lithium. Bloomberg News | October 12, 2023 | 6:57 am