News

November 28, 2025

Panama to release first Cobre Panama audit findings in December

Panama will publish initial results from the Cobre Panama audit in December, with a final report due by February, guiding the government’s decision on whether First Quantum’s giant copper mine restarts, is modified or remains closed.

November 28, 2025

Excellon targets deeper gold-silver upside at Peru’s Mallay mine

Excellon Resources updates the geological model at Peru’s Mallay mine, confirming a multi-stage gold-silver system at depth and strengthening the case for a restart using existing 600 tpd infrastructure.

November 27, 2025

Vale sets January and March payouts in R$3.58/share shareholder distribution

Brazil’s Vale will distribute about R$3.58 (US$0.67) per share in dividends and interest on equity, split into payments on January 7 and March 4, 2026, as part of its latest shareholder remuneration program.

November 27, 2025

Codelco’s record China copper premium sparks threats to walk away from 2026 contracts

Codelco has set a record $350/t copper premium for Chinese buyers, prompting some smelters to threaten walking away from 2026 term contracts and shifting to spot.

November 27, 2025

Codelco moves to exit Llurimagua as Hanrine positions itself around Ecuador’s “copper crown jewel”

The Chilean state miner is advancing plans to relinquish concessions in Intag after a failed partnership process and an unfavorable arbitration ruling, while Australia’s Hanrine quietly strengthens its foothold around the strategic Llurimagua copper project.

November 26, 2025

Endeavour Silver sells Bolañitos mine to Guanajuato Silver in deal worth up to US$50 million

Endeavour Silver is selling its Bolañitos mine to Guanajuato Silver for up to US$50 million, refocusing on Terronera and Pitarrilla as core assets in Mexico.

November 26, 2025

SolGold targets 2026 start for early works at Cascabel copper-gold project in Ecuador

SolGold will start early works at its Cascabel copper-gold project in Ecuador in 2026, targeting first production in 2028 with a phased TAM–Alpala development plan.

November 26, 2025

Canada orders national security review of Anglo–Teck mega-merger amid critical minerals push

Canada launches a national security review of the US$53bn Anglo–Teck mega-merger, testing its tougher stance on critical minerals, jobs and resource sovereignty.

November 26, 2025

Aguia Resources appoints Tim Hosking as CEO to drive growth of phosphate operations in Brazil

Aguia Resources (ASX:AGR) has appointed Tim Hosking as its new CEO following William Howe’s resignation. Hosking will lead the expansion of phosphate operations in Brazil, advance the Tres Estradas project and improve performance at the Santa Barbara Gold Project in Colombia.

November 25, 2025

Brazil’s junior miners join forces to push critical minerals agenda

Brazil’s junior miners have formed the Critical Minerals Association to push for financing guarantees, faster licensing and tax incentives in the race for strategic resources.

November 25, 2025

Osisko sells Mexican San Antonio gold project to Axo Copper, keeps strategic stake

Osisko Development is selling its non-core San Antonio gold project in Sonora to Axo Copper in an all-share deal, retaining a 9.99% stake and upside via milestone payments.

November 25, 2025

Codelco sets record copper premiums for China, tightening global market

Codelco is seeking record copper premiums of up to US$350/t for 2026 sales to China, underscoring tight supply, trade tensions and a fragmented global market.

November 25, 2025

Barrick Mining announces resolution of its disputes with Mali

All charges brought against Barrick, its affiliates and employees will be dropped and the legal steps for the release of the four detained Barrick employees will be undertaken.

November 24, 2025

Colombia declares its Amazon off-limits to new oil and large-scale mining projects at COP30

The policy covers more than 48 million hectares and blocks dozens of pending hydrocarbon and mining requests, aiming to curb deforestation and environmental crime.

November 24, 2025

Viridis’ MoU with Régia and ORE becomes binding, unlocking US$30 million for Colossus

Viridis Mining and Minerals has turned its MoU with Régia Capital and ORE Investments into a binding US$30 million staged funding agreement.

November 24, 2025

Unico Silver closes A$40 million placement to fast-track Joaquin Project in Argentina

Unico Silver has completed a A$40 million placement to accelerate drilling, metallurgical and geotechnical work at the Joaquin Project in Santa Cruz. Resource updates are due in December 2025 and Q1 2026, ahead of a prefeasibility study in H1 2026.

November 24, 2025

EU extends antitrust review of MMG’s purchase of Anglo American’s Brazil nickel business

The European Commission has prolonged its Phase II investigation into MMG’s planned acquisition of Anglo American’s nickel assets in Brazil, pushing the parties’ long-stop date to June 30, 2026 amid concerns over ferronickel supply to Europe.

November 24, 2025

Anglo American’s Quellaveco hits 1 million tonnes of copper, setting a benchmark for low-carbon mining

Quellaveco in southern Peru has produced 1 million tonnes of copper since start-up in 2022. The 36-year mine is on track for up to 340,000 tonnes in 2025, powered by renewable energy and supported by autonomous fleets and remote operations.

November 24, 2025

BHP drops renewed Anglo American bid as Teck merger heads to Dec. 9 vote

BHP has withdrawn its latest approach to acquire Anglo American just ahead of shareholder votes on Anglo’s roughly US$53–60 billion merger with Teck Resources.

November 24, 2025

NGOs and academics urge DPM Metals to exit Loma Larga project in Ecuador

Over 100 civil society groups and dozens of academics are calling on DPM Metals to permanently abandon Loma Larga in Ecuador. The gold-copper project remains court-suspended and recently lost its environmental licence, despite a fresh feasibility study.

November 24, 2025

BHP reopens talks to buy Anglo American, then steps back again ahead of Teck vote

BHP briefly revived its takeover interest in Anglo American with a simpler cash-and-stock approach, but has now walked away again as Anglo pushes toward a Dec. 9 shareholder vote on its US$53 billion merger with Teck Resources.

November 21, 2025

Bolivia plans gold bank to bring order to mining boom and tighten oversight

Bolivia’s new government plans to create a public-private gold bank to enforce traceability, environmental standards and formalization, redesigning the state gold-buying program launched in 2023 amid a surge in informal mining.

November 21, 2025

Aris Mining to pay US$80 million for full ownership of Soto Norte, boosting gold growth profile in Colombia

Aris Mining will pay US$80 million to acquire Mubadala’s remaining 49% stake in the Soto Norte gold project in Colombia, lifting reserves to 9.1 Moz and strengthening its path toward becoming a one-million-ounce-per-year producer.

November 21, 2025

Anglo American–Teck merger faces new hurdle as Canada weighs redomiciling demand

Canada’s review of Anglo American’s US$50 billion merger with Teck is tightening, with reports saying Ottawa wants a Canadian legal redomicile and Toronto primary listing, while other sources say the focus is on real headcount and decision-making in Vancouver.

November 21, 2025

Lithium prices plunge in China after exchange curbs speculation and CATL mine restart talk

Lithium carbonate futures in China dropped 9% after the Guangzhou Futures Exchange moved to curb speculative trading and reports surfaced that CATL may restart output at its Jianxiawo mine, raising supply expectations.

November 21, 2025

Codelco and India’s Adani Group sign agreement to advance copper exploration in Chile

Codelco and Kutch Copper (Adani Group) signed an MoU to evaluate three copper projects in northern Chile, opening the door to potential joint development and strengthening long-term supply security for India amid rising global demand for critical minerals.

November 21, 2025

Lithium industry bets on downstream growth as battery demand surges globally

The global lithium industry is shifting toward downstream processing as demand for EV batteries, renewable energy storage and BESS surges. Companies and analysts project strong growth in refining, recycling and advanced battery materials through 2030.