Copper prices fall 2.4% as Fed policy uncertainty and improved Codelco output ease supply fears. Analysts say demand remains muted despite 2025’s 20% rally.
Sigma Lithium shares tumble 29% amid investor doubts over production and expansion in Brazil. Analysts warn of rising costs and delays as the lithium market weakens.
The EU opens a Phase 2 probe into MMG’s $500 million purchase of Anglo American’s Brazilian nickel assets over concerns it could threaten Europe’s ferro-nickel supply and strengthen China’s grip on global nickel.
Montero Mining is using artificial intelligence to revolutionize mineral exploration in Chile, accelerating discovery and improving decision-making through advanced data integration.
As Brazil’s Pará state prepares to host COP30, it stands at the crossroads of mining history — from Serra Pelada’s hand-dug gold rush to Vale’s AI-powered Carajás mine, symbolizing the Amazon’s past and future.
Global investors managing $18 trillion urge creation of an International Minerals Agency to track supply, demand, and sustainability performance in the mining sector, ahead of UN climate talks in Brazil.
Rio2 receives the final US$50M from Wheaton Precious Metals for the Fenix gold project in Chile, keeping construction on schedule for first gold in January 2026 at one of the largest oxide heap leach gold developments in the Americas.
Codelco reports 937,000 tonnes of copper and US$4.16 billion EBITDA by Q3 2025, with solid project progress, treasury contributions up 16.5%, and key advances in copper and lithium partnerships.
Teck Resources’ Quebrada Blanca mine rebound strengthens confidence in its $53B merger with Anglo American, paving the way for a new global copper leader in Chile’s Atacama region.
Gold Fields invests C$50 million in Founders Metals to advance the Antino gold project in Suriname, marking a major partnership to expand high-grade gold exploration in one of the world’s richest gold belts.
Coeur Mining acquires New Gold in a $7 billion all-stock merger, creating a $20 billion North American gold and silver producer amid record gold prices. Combined output to reach 900,000 oz gold and 20M oz silver.
Vale CFO Marcelo Bacci says China and iron ore suppliers remain mutually dependent, despite tensions with CMRG. The miner stresses cooperation to ensure supply stability as prices stay firm above $100 per ton.
AngloGold Ashanti exits Latin Metals’ Organullo, Ana Maria, and Trigal projects in Argentina, citing a shift in global exploration strategy. Latin Metals retains 100% ownership of the fully permitted gold assets.
Investor–state disputes over natural resources hit a 10-year high in 2025, driven by resource nationalism and the global competition for critical minerals between the U.S. and China, according to DLA Piper.
Chile’s ENAMI secures CChEN approval for a 545,000-tonne lithium quota at Salares Altoandinos, with potential expansion to 1.22 million tonnes. The PEA confirms economic viability for a US$3.2 billion, 75,000-t/y project.
Fresnillo acquires Canada’s Probe Gold for $556 million, gaining 10 million ounces of reserves and marking its entry into Canada. The Novador project in Quebec will produce over 200,000 ounces annually.
Chile’s copper mining costs dropped to $1.77 per pound in the first half of 2025, reversing years of increases, Cochilco reported. Lower refining costs and higher gold and silver prices drove the decline.
Vale CFO Marcelo Bacci says the miner is likely to announce extraordinary dividends soon after strong cash flow and profits. Iron ore prices above $100 support the move as shares rise 2% in São Paulo.
Summit Nanotech cuts water use by 30% in lithium extraction, validated against global DLE benchmarks. The breakthrough supports closed-loop recovery and advances sustainable lithium production in Chile, Argentina, and the U.S.
Vale posted a $2.69 billion Q3 profit, beating estimates, as iron ore and base metals revenue surged. The miner cut 2025 copper and nickel cost outlooks amid stronger operations and higher byproduct prices.
The Canadian miner continues preservation and maintenance work at its suspended Cobre Panamá operation while cooperating with a six-month independent environmental audit.
Chile’s ENAMI secures environmental approval for a new $1.7B copper smelter in Atacama, tripling capacity and advancing sustainable copper production.
Copper prices hit a record $11,146 per ton on the London Metal Exchange amid easing U.S.–China trade tensions and tightening global supply from key copper mines.
Codelco is reviewing the future of its Gabriela Mistral mine and Potrerillos smelter as it considers shifting from production-driven to profit-focused operations amid record copper prices and high debt.
Anglo American expects Chile’s Collahuasi copper mine to reach full production by 2027 as higher ore grades and a new desalination plant boost output, amid growing global copper demand.
Rio Tinto CEO Simon Trott announces a sweeping overhaul to streamline operations and focus on aluminum, lithium, copper, and iron ore, signaling a leaner and faster organization.
Samarco says the global iron ore pellet market remains under pressure amid geopolitical headwinds but expects a recovery driven by rising demand for high-quality pellets and low-carbon steel production.
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