Marimaca is an emerging dual-listed company focused on copper discoveries in Chile.
The global mining giant started the divestment of its nickel business as part of a broader simplification plan in response to an unwanted takeover attempt by BHP Group.
Though infrequent, partnerships with artisanal miners are not unheard of as similar agreements exist in Ghana.
The collapse mainly affected the new Andesita development, but Andes Norte, which had begun extraction, and Diamante were also halted as part of the investigation.
First output is scheduled for the first half of 2026, with a projected mine life of 40 years over four phases. Upon completing the ramp-up, its production capacity would rise to 6,000 tonnes per annum.
Brazilian Critical Minerals is a mineral explorer focused on advancing its Brazilian projects.
McFarlane has also started working on a resource update for Juby and plans to drill about 10,000 additional metres on the project, work that is expects will raise Juby’s ounces, the company said earlier this month.
Panama, one of the world’s fastest-growing economies in the last decade, recorded a significant slowdown in gross domestic product growth in 2024 from the previous year’s 7.4% expansion, as the copper mine closed and air transport declined.
Pan American, already one of the world’s largest silver producers, operates mines across Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. It also holds the Escobal mine in Guatemala, currently on care and maintenance.
Codelco added that the labor inspection office has still only approved a partial return to those units of the mine, and that operations at the Recursos Norte and Andesita sections remain closed.
Aldebaran Resources owns an 80% interest in the Altar copper-gold project in mining-friendly San Juan province, Argentina.
By the end of June, Codelco had spent $2.512 billion of its annual budget of $5.638 billion, it said. Direct production costs in the period increased 6% to $2.157 per pound, and Codelco forecast that this year they will range between $2.09 and $2.14 per pound of copper.
Salares Norte will have its first full year of steady-state production in 2026, when the mine is expected to produce 550,000-580,000 ounces, Gold Fields has said.
Soma Gold is a gold explorer and producer with mineral concessions spanning over 43km2 along the Utu fault in Antioquia, Colombia.
Marimaca Copper is an explorer and developer focused on its wholly owned namesake copper project and surrounding exploration properties located in the Antofagasta region of Chile.
Rare earths are considered crucial for modern technologies and industries due to it being a crucial component in a wide range of products.
With the Keytrade agreement finalized, Brazil Potash said it has secured binding offtake agreements covering approximately 60% of planned production and is also in advanced discussions with a prospective partner that would increase total volumes to about 91% of its annual.
Argentina has not produced copper since the closure of the Bajo de la Alumbrera mine in 2018.
Trading Economics reports silver held at US$38 ($58.91) per tonne on Tuesday 19 August, as signs of progress in Ukraine peace negotiations dampened safe-haven demand.
The company said it plans to release an NI 43-101-compliant resource update for Mallay some time this year.
The company will continue to work towards completing the second tranche, which is currently pending exercise of the full greenshoe option.
Codelco in March said it aimed for production between 1.37 million and 1.4 million metric tons for 2025, slightly above output from the year before.
SQM’s volumes-over-value strategy stands in contrast to higher-cost rivals that have opted for production cutbacks. CEO Ricardo Ramos noted that some contracts hit minimum thresholds, impacting agreed sales volumes.
Shares of Nexa were trading down 0.55% on Wednesday morning in New York, giving the company a market capitalization of $643 million.
The US lacks the tools to effectively respond to the illicit gold trade, a situation that’s been further complicated by shifting priorities in the Trump administration and staffing reductions this year, the report said
Yanmar has been active in Brazil for more than 65 years and employs over 300 people at its Indaiatuba site.
The plan includes construction of a new mine, a pressure oxidation plant, and a 50 megawatt solar park to feed the project.
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