News

February 14, 2024

IEA Ministers Acknowledge Goals Set by the Voluntary Programme on Critical Minerals Security

31 IEA member ministers recognized the central role of critical minerals and their value chains in global transitions towards clean energy.

February 14, 2024

Oil Giants Adjust Portfolios in Anticipation of $30 per Barrel

Major oil companies are restructuring their portfolios in anticipation of oil prices potentially dropping to $30 per barrel. This move comes amidst ongoing market volatility and concerns over global demand.

February 13, 2024

Applications are open for full scholarships in an international course on sustainable mining

Bradshaw Research Institute for Minerals and Mining (BRIMM) opens applications for full scholarships in an international course on sustainable mining.

February 13, 2024

Copper prices climb as low inventories precede US inflation data

Copper prices staged a recovery on Tuesday, bouncing back from last week's 3.7% decline, driven by a decrease in inventories as investors awaited crucial U.S. inflation data to gauge potential interest rate adjustments.

February 12, 2024

Assessing the Impacts of OPEC+ Decisions on Oil Production and the Global Market

Recent OPEC+ decisions prompt discussions on oil production levels and global market implications. OPEC+ members, major oil producers, met to review market conditions and adjust targets.

February 12, 2024

Argentina and Chile launch the third and final edition of the free energy efficiency course

The Argentine Ministry of Energy, Chilean Ministry of Energy, and AgenciaSE have initiated the third and last edition of the free energy efficiency course within the framework of their EUROCLIMA project.

February 12, 2024

Gold Prices Decline as Market Focuses on US CPI

Gold prices fell as focus turned to the upcoming US CPI release, sparking speculation on the economy's state.

February 9, 2024

Escalating Conflict in Atacocha, Peru: A Call for Constructive Dialogue

In a backdrop of mounting socio-environmental and economic challenges, the mining industry in Latin America faces a fresh setback with the halt of operations at the Atacocha San Gerardo zinc mine in Peru, operated by Nexa Resources.

February 8, 2024

Chilean exports start 2024 with a slight increase thanks to the mining sector

The mining sector exports in Chile reached a total of US$ 4.125 billion, while copper exports amounted to US$ 3.377 billion.

February 8, 2024

Canada: Kathleen Quirk Assumes CEO Role at Freeport-McMoRan, Impact on Copper Mining

Kathleen Quirk appointed CEO of Freeport-McMoRan, a top copper producer, bringing extensive sector experience as former CFO.

February 7, 2024

A New Horizon for Mexican Mining: The Proposal to Ban Open-Pit Mining

Mexico's mining faces scrutiny for environmental impact, especially open-pit mining. Proposal to ban signals potential industry shift.

February 7, 2024

Chilean mining guilds express their condolences for the passing of former President Sebastián Piñera

Mining Reporters and Reporte Minero y Energético from Chile extend their sincerest condolences to his family, friends, and all collaborators from his two terms in office.

February 7, 2024

Nexa Resources provides update on Atacocha Mine operation

Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience developing and operating mining and smelting assets in Latin America.

February 6, 2024

Anglo American Explores Further Cost Reductions Amidst the Worst Recession in Recent Years

In response to the ongoing economic downturn, Anglo American, a leading global mining company, is considering implementing additional cost-cutting measures to mitigate the impact of the severe recession.

February 6, 2024

Mirasol Resources Announces the Promotion of Tim Heenan to CEO

Tim has led Mirasol’s transition from project generator to a fully-integrated exploration company.

February 6, 2024

Copper Prices Surge on China's Supportive Measures and LME Inventory Decline

The global copper market experienced a notable surge in prices today, driven by a combination of supportive measures from China and a significant drop in inventories on the London Metal Exchange (LME).

February 6, 2024

Barrick to spend US$136M on closure of failed Pascua-Lama project

Chilean authorities ordered the “total and definitive” closure of Pascua-Lama on their side of the border over environmental issues.

February 6, 2024

Peru unveils platform to speed up permitting

According to the Mines Ministry, the next steps in the development of the ‘Single Window’ platform are focused on reducing the amount of paperwork miners need to submit when moving into the exploitation and production stages.

February 5, 2024

Diminished Copper Production in Chile: A Comprehensive Examination of Recent Trends

Recent developments indicate a significant reduction in copper production in Chile, a nation traditionally known for its substantial contribution to the global copper market.

February 5, 2024

Navigating Challenges and Capitalizing on Opportunities: Austral Gold's Strategic Moves in FY 2023

With a clear focus on optimizing production, exploring new opportunities, and managing its financial and investment portfolios, the company is well-positioned for sustained growth in the coming year.

February 5, 2024

Rusal vs. Rio Tinto: Impact and Future of Alumina Mining in Australia

Australia, a key player in the global mining industry, has witnessed a significant shift in the dynamics of alumina mining, particularly with the rivalry between Rusal and Rio Tinto.

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.