In earlier years, such a move would have been a major headwind for the non-yielding gold, but that correlation has now weakened, as investors forgo higher interest payments for safe havens.
Global mining giant prepares for a new phase as it searches for a successor with operational expertise to lead strategic assets in Mongolia and Guinea.
Authored by Fausto Almeida, Business Line Manager Mining for South America, Ricardo Begazo, Business Line Manager Mining for Peru and Jorge Abraham, Business Line Manager Mining for Chile.
Rio Tinto is a global leader in mining and materials, operating across six continents and supplying essential metals and minerals to drive global economic development and the transition to a low-carbon future.
Rio Tinto strengthens its presence in South America as it builds one of the world’s leading lithium portfolios to support the global energy transition.
Speaking with Reporte Minero, Braun described Chile as a natural host for the event, citing the country’s forward-thinking mining companies and its largely renewable energy matrix.
The Vancouver-based firm plans to release a pre-feasibility study and updated mineral resource estimate for Warintza in the third quarter of 2025.
With global copper demand rising due to its critical role in renewable energy and electric vehicles, Argentina’s emerging production capacity could play a pivotal role in the global supply chain.
Argentina exported $4.8 billion of minerals last year, largely gold, followed by shipments of silver and lithium.
In economic terms, the agreement establishes that Rio Tinto will contribute up to USD 900,000,000 to the project.
International operation captures fugitive linked to deadly violence in Peru's gold-rich Pataz region.
Antofagasta plc receives green light from Chilean authorities, enabling continued operations at Zaldívar through 2051 and supporting long-term sustainability.
In 2024, cobalt demand exceeded 200,000 tonnes for the first time, with battery applications accounting for 76% of total demand and 94% of demand growth.
According to First Quantum, the company has paid over $1.2 billion of direct government contributions in taxes, royalties and other payments since bringing Cobre Panama online.
This would represent a 12% increase, with countries such as the Democratic Republic of the Congo and Russia standing out, but not the United States and Chile, which have seen their copper reserves decrease over the same period.
The multinational mining company will explore the property at its own expense towards the objective of creating a partnership with the state-owned mining company if a favorable business case is determined and the relevant regulatory approvals are obtained.
The companies will conduct joint studies on the Nuevo Cobre and San Antonio projects, aiming to create a strategic copper production hub in northern Chile.
Lundin Mining is a diversified Canadian base metals mining company with operations and projects in the Americas. The Company is a significant producer of copper, zinc, gold, and nickel, committed to responsible resource development and long-term value creation for stakeholders.
Barrick reaffirmed its commitment to shareholder value, maintaining a quarterly dividend of $0.10 per share and executing $143 million in share buybacks during the quarter.
The rebranding to Barrick Mining Corporation reflects the company’s broader focus and long-term strategy in global mining beyond just gold, as it continues to expand its diversified portfolio.
Colorado-based start-up Alta Resource Technologies has garnered more funding, including from the U.S. Central Intelligence Agency, to advance its protein process for separating critical minerals from ore.
The global copper market has resembled a rollercoaster ride in recent weeks.
The forestry permit covers mining activities only. Mineros needs several more permits before starting ore processing, such as an environmental permit an occupational health and safety licence, and water development and wastewater discharge permits.
The effort to develop domestic supply comes as China, the dominant producer, added gallium to its export restrictions to the United States last year.
Chile is the world’s second-largest lithium producer and plays a critical role in the global electric vehicle supply chain. Still, the recent withdrawals underscore the volatility of lithium markets and the challenges in securing downstream investment.
The kingdom has also grown its international mining presence, launching a joint venture between its sovereign wealth fund and Ma’aden, called Manara Minerals to invest in mining assets abroad.
Gruyere, located approximately 200 kilometers east of Laverton, holds significant open pit reserves capable of sustaining current production until at least 2032.
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