Illegal miners are partially exploiting Newmont’s stalled US$4.8B Conga gold project in Peru, contaminating rivers and raising alarm among authorities.
Colombia will launch a copper exploration round with 14 areas and at least eight qualified companies, including Aris Mining, the National Mining Agency said.
BHP and Rio Tinto advance copper and lithium projects in Argentina, reinforcing the country’s bid to become a key supplier of critical minerals.
An updated prefeasibility study more than doubles the value of Heliostar’s Cerro del Gallo gold-silver project in Mexico to $424 million, with higher capex, stronger returns and a 15.3-year mine life.
The International Council on Mining and Metals has re-appointed Antofagasta CEO Iván Arriagada as chair for a new two-year term, succeeding Newmont’s Tom Palmer.
State-backed trader China Mineral Resources Group says iron ore prices are being driven more by financial speculation than real supply and demand, even as inventories rise and steel demand softens.
Copper surged to a fresh all-time high above $11,800/t after the Fed upgraded its US growth forecast and cut rates, boosting demand expectations for the key industrial metal.
A trial in the Clarion–Clipperton Zone shows a deep-sea mining machine cut seabed animal abundance by 37% and species richness by 32%, raising new questions over critical mineral extraction.
Indium, a byproduct of zinc mining, is critical for screens, 5G and AI chips. With tight supply, China’s dominance and new projects in Australia, Peru and the US are coming into focus.
Chile’s December 14 runoff between Jeannette Jara and José Antonio Kast will shape Codelco’s future, mining policy and the country’s role as the world’s top copper producer.
Chile’s Cochilco raised its mining investment forecast to US$104.549 billion through 2034, backed by new copper and lithium projects at Escondida, Collahuasi and other operations.
Peru is evaluating a memorandum of understanding with the US on critical minerals, as Washington shows strong interest in the resources of the world’s third-largest copper producer.
Codelco’s copper production fell 14.3% in October to 111,000 tons, while Escondida rose 11.7% and Collahuasi dropped 29.3%, according to Cochilco.
Albemarle validates its DLE pilot in La Negra with over 94% lithium recovery, paving the way for a new commercial plant in Antofagasta.
Mendoza has approved the $559 million PSJ Cobre Mendocino project, its first large-scale mine in more than two decades, clearing the way for feasibility studies and the potential return of copper production to Argentina.
The Panamanian government will invest $29 million in royalties from First Quantum’s idled Cobre Panama mine in health centres, schools, roads and basic services, as it awaits an audit that will help define the mine’s future.
The World Gold Council warns that artisanal and small-scale mining may now account for around 30% of global gold supply, driven by record prices and linked to mercury pollution and organized crime.
Silver breaks above US$60 an ounce for the first time, driven by supply tightness, low inventories and expectations of a US interest rate cut.
Lundin Gold expects stable gold output but higher costs at Fruta del Norte as royalties and profit sharing rise, while ramping up exploration to extend mine life.
Workers and Chile’s Sernageomin raised alarms over cracks and leaks at Teck’s Quebrada Blanca tailings dam. The company insists the facility is stable and safe.
Shareholders of Anglo American and Teck Resources have approved a US$53B all-stock merger, paving the way for Anglo Teck, a new global copper heavyweight.
Rio2 is acquiring a 99.1% interest in the Condestable copper mine in Peru for US$241 million, boosting its Latin American footprint and diversifying beyond gold.
The 2,500m program, with 17 permitted drill pads, will start with rig mobilisation and pad preparation in December 2025 and follows ongoing work at Ilo Este and Chancho al Palo.
The company now sees potential to reach 600,000 gold-equivalent ounces per year, driven by new projects, acquisitions and expansion plans across Latin America.
The NYSE American–listed company secures a high-margin royalty over the copper-gold Pedra Branca mine in Brazil’s Carajás region, fully funding the acquisition through a $70 million bought-deal financing.
Anglo American has withdrawn a controversial proposal to link executive bonuses to its US$53 billion merger with Teck Resources, leaving approval of new share issuance as the key condition for the deal.
Codelco chairman Máximo Pacheco said the Maricunga lithium joint venture with Rio Tinto is progressing as planned, reassuring Chile after the Anglo-Australian miner signaled a more cautious, phased approach to the battery metal amid a global supply glut.
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