News

February 2, 2024

Exxon's Profit Dips by 35% in 2023, Settling at $36.01 Billion

Exxon Mobil's profits dropped by 35% in 2023 to $36.01 billion, revealing energy sector challenges. This prompts discussions on strategic adaptations in a dynamic global market.

February 2, 2024

Zijin Becomes First Chinese Miner with Annual Copper Output of over 1 Million Tonnes

In addition to copper, Zijin reported a 20% increase in mined gold output (67 tonnes) and a 3% rise in mined zinc and lead output (467,000 tonnes) in 2023.

February 2, 2024

The World Gold Council publishes Gold Demand Trends Full Year 2023

Annual jewellery consumption held steady at 2,093t, even in the very high gold price environment. China’s recovery supported the robust global total.

February 1, 2024

Gold Fields announces exploration into Argentina and Brazil

Company plans to send geologists this year. In addition, it ratifies the start of production in Salares Norte (Chile) in April and points to exploration in other areas of the southern country.

February 1, 2024

Cyberattack on Alamos Gold: A Wake-Up Call for Security in the Mining Industry

Alamos Gold Inc. has fallen prey to a major cyberattack, intensifying concerns about cybersecurity in the mining industry. The incident, happened last week, has spurred immediate action from the company's cybersecurity team and industry experts.

January 31, 2024

French group Eramet continues to grow in Chile in the lithium business

Eramet and RJR announce the execution of an agreement for the acquisition of exploration rights in Chile, signed this week on January 29, 2024.

January 30, 2024

Inmaculada Mine produced over 300,000 ounces of gold equivalent in 2023

However, the momentum of the Inmaculada Mine and the placement of the annual volume at the upper level of the projected range were not sufficient to surpass the results of 2022.

January 30, 2024

Cerrado Gold Announces Q4 and Annual 2023 Gold Production Results for Its Don Nicolas Mine

Cerrado Gold is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias Heap Leach project.

January 30, 2024

Exponor 2024: Shaping the Future of Mining in Chile setting international trend

Chile, a mining powerhouse, hosts the anticipated Exponor 2024, which will take place in Antofagasta, a pivotal gathering for industry leaders, experts, and stakeholders, promising significant insights.

January 29, 2024

Bolivia Launches International Tender for Lithium Extraction in Salt Flats

Bolivia launches an international tender for lithium extraction in its vast salt flats, aiming to capitalize on its abundant lithium reserves and become a major player in the global market.

January 29, 2024

Gold Rises on Middle East Risks, Focus Shifts to Fed Meeting

Amid rising Middle East tensions, gold prices surged as it reassumed its safe-haven role in geopolitical uncertainties. Investors closely watch regional developments for potential impacts on global economic stability.

January 29, 2024

Latin Metals acquieres Terraza Copper Project

Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.

January 29, 2024

Latin Metals announces private placement for gross proceeds up to $0.7 million

The proceeds of the Financing are intended to fund ongoing exploration, generative work, and for general working capital.

January 26, 2024

Vedanta Surpasses Expectations: A Comprehensive analysis of its performance in the metals market

Vedanta Limited excels in the metals market, affirming its position as a top industry player, showcasing adaptability and success in a dynamic economic landscape.

January 25, 2024

Tragedy in the Arctic: Fatal Plane Crash Involving Rio Tinto Workers

In a devastating incident, an aircraft carrying workers from Rio Tinto crashed in the Arctic region, resulting in a tragic loss of lives. The plane, en route to a remote mining site, faced unforeseen challenges leading to the fatal accident.

January 25, 2024

Codelco secures its first lithium asset with Australian firm buy

The Maricunga lithium project sits on its namesake salt flat, Chile’s second-largest in terms of reserves.

January 25, 2024

Epiroc launches three all-new electric Pit Viper drills

Introducing the Pit Viper 271 XC E, Pit Viper 275 XC E, and Pit Viper 291 E blasthole drill rigs. With the release of these three drills, Epiroc now provides electric alternatives for each drill in the Pit Viper series.

January 25, 2024

Epiroc adds Batteries with Service to their electrification offering

The latest addition to the portfolio is a new type of service agreement offering an opportunity for customers to own the battery and at the same time benefit from the latest updates and service.

January 25, 2024

ABB introduces ABB Ability™ Smart Hoisting to take mine hoist performance and reliability to the next level

ABB Ability™ Smart Hoisting ensures that customers can improve uptime, availability and productivity of their equipment with actionable insights on key performance indicators.

January 25, 2024

Newmont Strengthens Leadership Team with Appointment of Industry Leader Peter Wexler as Chief Legal Officer

Peter brings vast international experience in managing legal, risk, compliance, M&A, antitrust and corporate governance affairs.

January 24, 2024

Gold Surges Amidst Weakening Dollar, Anticipation for U.S. Economic Data

In a dynamic market setting, gold prices experienced an upward trend driven by the depreciation of the U.S. dollar. Investors keenly await economic data from the United States, anticipating potential impacts on market changes.

January 24, 2024

Codelco's Move into Lithium: The Acquisition of the Maricunga Project Marks a Pivotal Shift in Mining

Codelco marks a milestone in Chilean mining, acquiring Maricunga Project to expand into crucial lithium sector, diversifying from copper as electric mobility revolutionizes.

January 23, 2024

Argentina Lithium Drilling Continues to Produce Strong Lithium Results at the Rincon West Project

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector.

January 23, 2024

Ceibo and Komatsu-Mitsui Seal Alliance in Peru to Offer Dust Suppression Services

The companies will implement a comprehensive service that increases emissions capture and saves water consumption, through technical advice, engineering, transportation, and logistics, among others.

January 23, 2024

Carlos López is the new General Manager of RELIPER S.A.

RELIPER S.A. is a company with a presence in Chile and Peru, focused on the marketing and manufacturing of supplies for the mining industry.

January 23, 2024

Hombre Muerto Oeste would start its lithium chloride production in 2025

Hombre Muerto is proven to host lithium brine deposition of the highest grade and lowest impurity levels within Argentina.

January 22, 2024

Fortuna reports record gold production in 2023

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru.