News

April 22, 2024

Emirati firm to inject $550 million into Argentine lithium venture

Emirati engineering firm United Mining Projects Corporation (UMPC), operating through its subsidiary Marhen Lithium, has disclosed a substantial $550-million, four-year investment plan in Argentina's northwestern Catamarca province.

April 22, 2024

Huachipato's steel company reversal: Paving the way for equitable steel industry growth

The chilean steel company, Huachipato, reverses suspension plan, implementing surcharges to address price distortions. Anti-Distortion Commission's provisional measures promote fair competition, urging institutional modernization.

April 19, 2024

US imposes restrictions on drilling and mining activities in Alaska wilderness, sparking outcry from state leaders

The move is aimed at protecting environmentally sensitive regions and wildlife habitats from potential harm associated with resource extraction.

April 19, 2024

Spectacular copper price rally only gaining momentum

The recent surge in copper prices continues to gain momentum, signaling a potential for further growth in the market. This rally is driven by various factors, including increased demand for copper in industries such as electronics, renewable energy, and infrastructure.

April 19, 2024

Saudi Arabia edges closer to $1 Billion deal for stake in Barrick’s Reko Diq project

Saudi Arabia is in advanced negotiations to acquire a stake worth nearly $1 billion in Barrick Gold Corporation's Reko Diq project in Pakistan. This, underscores Saudi Arabia's growing interest in diversifying its investment portfolio and strengthening its position.

April 19, 2024

Newmont appoints mining industry veteran Francois Hardy as Chief Technology Officer

Newmont has announced the appointment of François Hardy as Chief Technology Officer (CTO). François will be joining Newmont’s Executive Leadership Team, where he'll play a key role in enhancing operational performance and driving growth across the business.

April 19, 2024

BHP: Escondida increases its copper production by 7%

The increase in copper production at BHP's Escondida was mainly due to a higher ore grade.

April 18, 2024

Expansion of Lithium South's production well drilling program

Lithium South, a leading player in the lithium industry, has announced an expansion of its production well drilling program. The company aims to bolster its lithium production capabilities through this strategic initiative.

April 18, 2024

Inca One Gold reports sales totaling US$ 11.8 million during the first quarter of 2024

This figure reflects the company's financial performance during the mentioned period, which can provide insights into its market positioning and its ability to generate income during that time frame.

April 17, 2024

Rio Tinto shifts focus to copper mine development

Rio Tinto's executive, Bold Baatar, has announced a strategic shift towards prioritizing the development of copper mines rather than acquiring them outright.

April 17, 2024

President Gabriel Boric Font, from Calama: "Copper is Chile's wage, and we want this wage to reach everyone"

The Head of State celebrated the transfer of over 93 billion pesos thanks to the Mining Royalty Law: "307 communes in the country will have fresh resources available, which will be decided in each territory, to address the urgencies and priorities that you define"

April 17, 2024

Freegold Ventures releases final 2023 results, reinforcing continued success in western expansion efforts

The latest report from Freegold Ventures highlights the conclusive results of their activities throughout 2023, emphasizing their ongoing success in expanding operations in the western region.

April 16, 2024

Trend downwards of copper price due to weak data from Chinese factories and strength of the dollar

The price of copper has experienced a notable decrease, largely attributed to the release of unfavorable economic data regarding manufacturing activity in China.

April 16, 2024

Urgent reforms needed in Chile's permitting process to stimulate investment, urges BHP

BHP, a prominent player in the global mining industry, has issued a call to action for Chile's government to swiftly enact reforms aimed at simplifying the country's permitting procedures.

April 16, 2024

Strategic acquisition: Vizsla Silver expands portfolio with of extensive claim package in promising structural trend

Vizsla Silver, a leading exploration company, is poised to bolster its portfolio with the acquisition of a substantial claim package situated along a highly promising structural trend, positioned to the south of Panuco.

April 15, 2024

Gold stabilizes following record-breaking highs amid escalating tensions in the Middle East

As geopolitical uncertainties intensified, investors turned to gold as a refuge, driving its prices higher.

April 15, 2024

Leadership challenges at CleanTech Lithium impact the lithium industry in Chile

CleanTech Lithium's leadership crisis impacts Chile's lithium industry. Internal challenges hinder efficiency and market position.

April 15, 2024

Lithium mining in North Carolina: An example of sustainable development and community resilience

In North Carolina, lithium mining has become a prominent example of how sustainable development can be achieved amidst community resistance.

April 15, 2024

Unveiling potential in US: Cordoba Minerals discovers leached cap of porphyry copper system at perseverance project in Arizona

As exploration continues to unfold, the company eagerly anticipates uncovering further insights into the geological potential of this promising project, aiming to contribute valuable findings to the global mining community.

April 15, 2024

Exploring the rich veins: Calibre Mining strikes high grade gold & silver in multiple zones at Eastern Borosi, Nicaragua

In the latest exploration efforts at the Eastern Borosi Mine Complex, Calibre Mining has made significant breakthroughs, uncovering rich veins of high-grade gold and silver across various target areas.

April 12, 2024

Rio Tinto invested AUD$16.1 billion in australian suppliers

As part of this expenditure, over US$727 million was spent on 168 Indigenous businesses across Australia, marking a 29 percent increase from the previous year.

April 12, 2024

BATX to expand portfolio with acquisition of two lithium exploration projects in Quebec

BATX has additionally reached an agreement to acquire a 49% interest in Li-ion Battery Renewable Technologies (LIBRT), a firm based in Vancouver.

April 12, 2024

Copper hits unseen highs since 2022 amid optimism for growth

This increase reflects confidence in economic recovery following pandemic challenges, as well as in the transition towards a greener and more sustainable economy.

April 12, 2024

Mexico: Cristinas Copper Project acquisition in Chihuahua, announced by Quetzal Copper

The agreement gives Quetzal Copper the Polaris Option, allowing it to buy all shares of Polaris Resources, owner of the Cristinas copper project in Chihuahua, Mexico.

April 12, 2024

Lithium Ionic reports 26% rise in global mineral resources: Updated estimate for Bandeira Project, Minas Gerais, Brazil

Lithium Ionic Corp. announces updated MRE for Bandeira Lithium Project in Minas Gerais, Brazil, boosting global mineral resources by 26% to 60.1Mt.

April 11, 2024

The Chilean company Antofagasta plc reduced its greenhouse gas emissions by 43%

Antofagasta plc unveiled its Climate Action Plan to test and incorporate new technologies that will enable it to achieve carbon neutrality by the year 2050.

April 11, 2024

Copper falls on weak chinese data and dollar strength

The prices of copper were declining on Thursday due to the weakness in inflation data in China, the world's largest consumer of metals, and the strength of the dollar.