News

January 15, 2025

Chile will raise its share of global copper production to 27.3% in 2034

According to the projection made by Cochilco, Chile will increase its share of global copper production by 3.7% by 2034.

January 15, 2025

ABB and Epiroc advance collaboration on underground trolley solutions for mining

Collaboration advances the development of underground trolley system solutions for mine haulage fleet decarbonization

January 15, 2025

Lithium Ionic grows Baixa Grande resource by 32%, boosting Brazil’s lithium ambitions

The project is 900 km north of Rio de Janeiro, in Brazil’s Lithium Valley.

January 15, 2025

Copper extends rally as dollar weakens on Trump tariff report

Trump had floated the possibility of trade tariffs of 60% or higher on Chinese exports and levies of 10% to 20% on all imports during the presidential campaign

January 14, 2025

Search underway in Peru for trapped workers at small gold mine

La Libertad is one of the regions with the highest gold production in Peru, and according to official reports at least 40% of the supply comes from artisanal or informal miners.

January 13, 2025

Epiroc wins large order for autonomous surface mining equipment in Australia

Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has won a large order from BHP for autonomous surface mining equipment to be used at an iron ore mine in Australia.

January 13, 2025

Lundin Gold exceeds guidance with record production

Lundin is planning to update reserves and resources this quarter, while an initial resource estimate for the Bonza Sur project next to Fruta del Norte is expected in by the end of June

January 13, 2025

Copper smelting fees to remain low amid tight supply

Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets.

January 13, 2025

Mosaic to sell Brazilian phosphate mine for US$125M

Mosaic’s move comes as global potash prices have started to fall and supply levels return to those seen before Russia’s invasion of Ukraine.

January 8, 2025

Denarius approved for mining at Zancudo gold project in Colombia

Denarius Metals (Cboe CA: DMET) (OTC: DNRSF) has received the go-ahead to begin mining operations at its Zancudo project in Colombia following approval of its environmental impact study (EIS) by the local environmental authority.

January 8, 2025

USA Rare Earth produces first batch of magnets at Oklahoma plant

USA Rare Earth reached a major milestone this week with the successful production of the first batch of sintered permanent rare earth magnets at its new plant under development in Stillwater, Oklahoma.

January 8, 2025

Hudbay Minerals seeks approval for $210m Peru mine expansion

Canadian miner Hudbay Minerals (TSX, NYSE: HBM) is seeking a permit to expand its Constancia copper mine in Peru’s Cusco region, including upgrades at the Pampacancha satellite pit.

January 8, 2025

Brazil offers $815 million to back strategic minerals projects

Western nations have been ramping up efforts to bolster critical minerals to reduce reliance on China, the dominant supplier of many metals seen as critical to technology.

January 8, 2025

Codelco taps debt market to fund record copper-mine investments

Codelco has embarked on an unprecedented spending program to overhaul its aging operations in Chile after decades of underinvestment.

January 8, 2025

China becomes world’s second-largest holder of lithium reserves, Xinhua reports

The most active lithium carbonate contract on the Guangzhou Futures Exchange in China stood at 77,420 yuan ($10,559.91) per ton on Wednesday, up by 0.4% week-on-week.

January 8, 2025

Equinox Gold extends Fazenda Mine life by seven years with updated mineral reserve and resource estimates

Equinox Gold’s commitment to sustained exploration and operational excellence positions Fazenda as a cornerstone of its growth strategy in Brazil.

January 8, 2025

G Mining’s permit allows early building at Oko West gold project in Guyana

The project in north-central Guyana hosts a resource of 64.6 million indicated tonnes grading 2.05 grams gold per tonne for 4.3 million oz. and 19.2 million inferred tonnes grading 2.59 grams gold for 1.6 million ounces.

January 3, 2025

McKinsey: Supply shortage looms for critical battery raw materials by 2030

Based on the current market, battery manufacturers can expect challenges securing the supply of several essential battery raw materials such as lithium, high-grade nickel, cobalt and manganese.

January 3, 2025

Marimaca Copper makes Pampa Medina Norte discovery in Chile

The Marimaca copper project is the Canadian company’s flagship project.

December 23, 2024

Sigma Lithium gets licence to build second mine at Grota do Cirilo

Sigma’s entire mineral concession package in Brazil currently contains 200 known pegmatites. To date, the company has delineated a proven and probable reserve base of 77 million tonnes at 1.4% lithium oxide, for 2.6 million tonnes of lithium carbonate equivalent.

December 20, 2024

Sierra Metals shares jump on takeover offer from Peruvian firm

Sierra Metals operates two copper mines: Yauricocha in Peru and Bolivar in Mexico.

December 20, 2024

Codelco to deploy lower carbon explosives in copper mine

The company has said it aims to achieve carbon neutrality by 2050.

December 20, 2024

Arcadium Lithium investors sue miner over Rio Tinto takeover

Last week, Rio Tinto announced a $2.5 billion investment to develop its Rincon project, the company’s first commercial-scale brine lithium mine in Argentina’s lithium-rich triangle.

December 19, 2024

Canada to impose new tariffs on China

Canada is to slap more tariffs on a range of imports from China early next year “to combat unfair Chinese trade practices,” the federal government said Monday in its 2024 Fall Economic Statement.

December 19, 2024

Triple Flag to net Tres Quebradas lithium project royalty

Zijin Mining bought Neo Lithium and its Tres Quebradas project in Argentina for about $960 million in 2022.

December 19, 2024

Peru gives Silver Mountain OK to restart Reliquias mine

The company currently owns a 2,000 tpd processing plant and an operating tailings dam with enough capacity for at least 2 years at maximum throughput.

December 17, 2024

China leads world in energy transition, Wood Mackenzie says

The country is crushing its global competition in the transportation sector, too. Battery electric vehicles (BEVs) will make up about two-thirds of China’s passenger car sales by 2034 and that percentage grows to 89% if hybrid electric vehicles are included.