News

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.

January 30, 2024

Inmaculada Mine produced over 300,000 ounces of gold equivalent in 2023

However, the momentum of the Inmaculada Mine and the placement of the annual volume at the upper level of the projected range were not sufficient to surpass the results of 2022.

January 30, 2024

Cerrado Gold Announces Q4 and Annual 2023 Gold Production Results for Its Don Nicolas Mine

Cerrado Gold is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias Heap Leach project.

January 30, 2024

Exponor 2024: Shaping the Future of Mining in Chile setting international trend

Chile, a mining powerhouse, hosts the anticipated Exponor 2024, which will take place in Antofagasta, a pivotal gathering for industry leaders, experts, and stakeholders, promising significant insights.

January 29, 2024

Bolivia Launches International Tender for Lithium Extraction in Salt Flats

Bolivia launches an international tender for lithium extraction in its vast salt flats, aiming to capitalize on its abundant lithium reserves and become a major player in the global market.

January 29, 2024

Gold Rises on Middle East Risks, Focus Shifts to Fed Meeting

Amid rising Middle East tensions, gold prices surged as it reassumed its safe-haven role in geopolitical uncertainties. Investors closely watch regional developments for potential impacts on global economic stability.

January 29, 2024

Latin Metals acquieres Terraza Copper Project

Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.

January 29, 2024

Latin Metals announces private placement for gross proceeds up to $0.7 million

The proceeds of the Financing are intended to fund ongoing exploration, generative work, and for general working capital.

January 26, 2024

Vedanta Surpasses Expectations: A Comprehensive analysis of its performance in the metals market

Vedanta Limited excels in the metals market, affirming its position as a top industry player, showcasing adaptability and success in a dynamic economic landscape.

January 25, 2024

Tragedy in the Arctic: Fatal Plane Crash Involving Rio Tinto Workers

In a devastating incident, an aircraft carrying workers from Rio Tinto crashed in the Arctic region, resulting in a tragic loss of lives. The plane, en route to a remote mining site, faced unforeseen challenges leading to the fatal accident.

January 25, 2024

Codelco secures its first lithium asset with Australian firm buy

The Maricunga lithium project sits on its namesake salt flat, Chile’s second-largest in terms of reserves.

January 25, 2024

Epiroc launches three all-new electric Pit Viper drills

Introducing the Pit Viper 271 XC E, Pit Viper 275 XC E, and Pit Viper 291 E blasthole drill rigs. With the release of these three drills, Epiroc now provides electric alternatives for each drill in the Pit Viper series.

January 25, 2024

Epiroc adds Batteries with Service to their electrification offering

The latest addition to the portfolio is a new type of service agreement offering an opportunity for customers to own the battery and at the same time benefit from the latest updates and service.

January 25, 2024

ABB introduces ABB Ability™ Smart Hoisting to take mine hoist performance and reliability to the next level

ABB Ability™ Smart Hoisting ensures that customers can improve uptime, availability and productivity of their equipment with actionable insights on key performance indicators.

January 25, 2024

Newmont Strengthens Leadership Team with Appointment of Industry Leader Peter Wexler as Chief Legal Officer

Peter brings vast international experience in managing legal, risk, compliance, M&A, antitrust and corporate governance affairs.