News

July 17, 2025

Gold prices could rise 15% this year

Gold could rise 15% in 2025, but Citi warns of a drop below $3,000/oz by 2026 due to weaker demand and growth optimism. See the latest LBMA survey and Citi’s forecast for gold and silver.

July 17, 2025

Lithium slump: earnings and shares plunge for China’s lithium giants Tianqi, Ganfeng, and Chengxin

Tianqi, Ganfeng, and Chengxin post heavy losses due to falling lithium prices, shaking Chinese markets. Argentina-linked operations also face uncertainty.

July 17, 2025

Soma Gold eyes strategic acquisitions as it recommissions El Limón Mine in Colombia

Soma Gold targets strategic acquisitions and aims to boost gold production beyond 100,000 ounces per year as it restarts operations at El Limón Mine in Colombia.

July 16, 2025

Sandvik offsets tariffs in Q2 2025 as orders surge 10 %

Sandvik fully offsets tariff impact in Q2 2025, reports 10% organic order growth driven by mining, and prepares for potential U.S. tariff hikes amid stable demand in key business units.

July 16, 2025

Antofagasta Minerals boosts copper production by 11% in H1 2025

Antofagasta Minerals targets up to 700,000 tonnes of copper for the year, with lower costs driven by increased gold and molybdenum output.

July 15, 2025

Apple expands U.S. supply chain with $500 million commitment to American rare earth magnets

In the first-of-its-kind deal, Apple and MP Materials will launch an all-new recycling facility for processing recycled rare earth elements.

July 15, 2025

Trump’s 50% copper tariffs rattle U.S. market as buyers cut imports and delay orders

New trade policy sends shockwaves through copper supply chain, inflating prices and fueling uncertainty among distributors and manufacturers.

July 15, 2025

Rio Tinto appoints Simon Trott as new CEO

Rio Tinto appoints iron ore boss Simon Trott as new CEO, effective August 25. The veteran executive faces major cost and growth challenges, including lithium and copper investment strategy.

July 15, 2025

Lockheed Martin reboots Pacific seabed mining plans

Lockheed Martin reenters deep-sea mining, exploring partnerships to tap critical minerals in the Pacific’s Clarion-Clipperton Zone under revived U.S. seabed licences, amid growing global interest and regulatory uncertainty.

July 15, 2025

Brazil Potash signs MOU with Fictor Energia to fund $200M power infrastructure for Autazes Project

Brazil Potash signs MOU with Fictor Energia to fund $200M power infrastructure for the Autazes potash project in the Amazon, plus a $20M strategic equity investment.

July 15, 2025

OCIM restarts its two gold processing units in Peru

This gold production restart, which comes just three months after the acquisition of the two plants, follows significant investments to refurbish the production facilities.

July 15, 2025

Silver shines in 2025 as one of the year’s top investment assets

Silver-backed ETFs hit record levels, with inflows surpassing all of 2024 as prices climb to over $39/oz, according to the Silver Institute.

July 14, 2025

Jaguar Mining cuts Brazil tailings dam fine, prepares to restart operations at Turmalina

Jaguar Mining reduces Brazil tailings fine to 60 million reais and outlines restart plan for Turmalina operations after December 2024 incident.

July 14, 2025

Collective Mining hits high-grade gold at Colombia’s Guayabales Project

Strong drill results from Apollo system boost confidence in the company’s largest exploration program to date.

July 14, 2025

Excellon hits 2-year high following strategic mining acquisition in Peru

Excellon Resources stock hits a 2-year high after acquiring the Mallay silver-lead-zinc mine in Peru. Production restart and exploration at Tres Cerros planned for 2026.

July 14, 2025

Ecuador and Codelco both claim victory in Llurimagua mining arbitration

Ecuador and Codelco both claimed victory after an ICC tribunal ordered Ecuador to pay $25.3 million in a $567.7 million mining arbitration over the stalled Llurimagua copper project.

July 14, 2025

BHP advances decarbonization goals with battery partnerships with CATL and BYD

Mining giant teams up with China's top battery makers to electrify heavy equipment and reduce emissions.

July 14, 2025

MMG and Hudbay warn Peru copper production at risk amid informal mining protests

The blockades highlight the ongoing tensions between formal mining operations and informal miners, as Peru attempts to transition to a more regulated and environmentally responsible mining sector.

July 11, 2025

Power Minerals’ Rincon lithium joint venture moves forward with US$4M investment set for release

Power Minerals continues to position itself as a key emerging player in South American lithium, with the Rincon JV expected to play a central role in the company’s strategy to establish low-cost, scalable lithium production across the region.

July 11, 2025

Australian Mines to earn into Brazilian gold project

This strategic move further expands Australian Mines’ exploration footprint and signals growing interest in Brazil’s underexplored gold districts.

July 11, 2025

Soma Gold to acquire Escondida Mine in Colombia

Soma Gold Corp acquires the La Escondida Mine in Colombia to boost production and exploration in Antioquia, with plans for drilling and integration into its El Limón operations.

July 11, 2025

Colossus emerges as ‘economically robust’ for Viridis

Viridis is an ASX-listed rare earths explorer and developer focused on advancing high-grade, low-cost, and sustainable assets within the Poços de Caldas Alkaline Complex in Brazil.

July 11, 2025

Mine safety program progresses for Latin America

The initiative highlights Australia's growing role in fostering cross-border educational programs that support global efforts in responsible resource development, particularly in regions poised for mining growth and transformation.

July 11, 2025

Aguia secures loan to bolster exploration

Aguia Resources secures $2.69 million loan to fund drilling and exploration across gold, copper, silver, and phosphate projects in Brazil and Colombia.

July 11, 2025

Fatalities rise for second year in global mining sector

ICMM members, which represent about one-third of the global mining and metals industry, reported 42 worker deaths last year—up from 36 in 2023 and 33 in 2022.

July 10, 2025

Copper output from Codelco climbs 17% in May

Codelco’s copper production rose 17% in May to 130,100 tons, outpacing rivals like BHP’s Escondida and Glencore’s Collahuasi, according to Cochilco data.

July 10, 2025

Trump’s copper tariffs expected to include key products for power grids and data centers

Donald Trump’s planned 50% copper import tariffs are set to cover semi-finished products used in US power grids, data centers, and the military, raising costs and risking supply chain disruptions.