News

March 7, 2024

PDAC 2024: Chile presents government project scopes to expedite investment execution

Chile captures nearly a quarter of mining exploration budget in Latin America.

March 7, 2024

US Commerce Department imposes preliminary tariffs on aluminum extrusions

The US Commerce Department announced the imposition of preliminary countervailing duties on imports of aluminum extrusions from China, Indonesia, Mexico, and Turkey. The department stated that these imports benefit from unfair subsidies that distort fair competition.

March 5, 2024

Australian authorities approve agreement, finalizing sale of LPI to Codelco

"With this acquisition, we are fulfilling the lithium strategy development plan, which will make us one of the leading suppliers of critical minerals globally," stated Máximo Pacheco, Chairman of Chile's state-owned company.

March 4, 2024

Historic Turning Point: Energy Transition in the Asia-Pacific Region

Asia-Pacific's energy transition hits historic milestone: Wood Mackenzie reports record-low Levelized Cost of Electricity for renewables in 2023, challenging coal dominance.

March 4, 2024

Chile: Operational lithium projects are expected to commence by 2026

Chile targets 3-4 new lithium projects by 2026, aiming to bolster state control over the metal crucial for EV batteries. Yellen visited Albemarle, a US lithium producer, during her tour.

March 1, 2024

Study identifies lack of standardization in local procurement reporting in mining as information gap in Peru

The study underscores a notable lack of standardized reporting for local mining purchases in Peru, particularly in the southern region, revealing a significant information gap. It analyzes data from four mining companies, emphasizing transparency in local acquisitions.

March 1, 2024

Gold Set for Second Weekly Gain Amid Fed Rate Cut Prospects

Gold prices hit one-month highs on Friday and were on track for a second weekly gain, as the latest U.S. data signaled signs of slowing inflation, reinforcing investors' expectations for the first rate cut of the year in June.

February 29, 2024

Anglo American subsidiary: Envusa Energy completes financing for wind and solar projects in South Africa

The initiative will enable Anglo American Platinum to receive 461 MW of supply.

February 29, 2024

Strengthening the Steel Industry in North America: A Joint Effort by Mexico and the United States

The Ministry of Economy of Mexico and the USTR held a crucial meeting to strengthen the steel industry in North America, aiming to enhance trade relations, prevent unfair practices, and ensure transparency in steel trade amidst global overcapacity concerns.

February 28, 2024

Chinese investments in canadian mining: Critical Mining Deals Amid Ottawa’s Scrutiny

Despite heightened scrutiny from the Canadian government, Chinese investors continue to pursue critical mining deals in Canada, reflecting the persistent interest and strategic importance of the Canadian mining sector to Chinese stakeholders.

February 27, 2024

Brazil debates a strategic partnership with the United States on green hydrogen

The discussion revolves around cooperation for energy transition signed between both countries in 2023 during the G20 in India.

February 27, 2024

Strategic Alliance Against Illegal Mining: Brazil and France Sign Cooperation Agreement

Brazil and France have formed a strategic alliance to combat illegal mining through a cooperation agreement, aiming to address its harmful effects on the environment, communities, and economies.

February 26, 2024

Chile - Valparaíso: Spanish company enters evaluation of $116 million solar project

The project will have a nominal power of 140.83 MW and will provide approximately 105 MW of energy to Chile's national electrical system.

February 26, 2024

Aluminum hits one-month low following inventory increase in Shanghai, then rebounds

The aluminum market has experienced significant fluctuations in recent weeks, with a recent one-month low occurring after inventories in Shanghai saw a notable increase. However, this decline was followed by a rebound, reflecting the inherent volatility in the sector.

February 23, 2024

Bastion receives first option payment as part of Cometa Project divestment

Bastion Minerals is an Australian-listed early stage exploration company focused on Copper, Lithium & Green metals.

February 23, 2024

Chile: Antofagasta Minerals will halve its emissions by 2035

Additionally, it has committed to collaborating with its suppliers to reduce scope 3 emissions by 10% by 2030.

February 22, 2024

Chile: Grupo CAP is recognized as the third most sustainable company in its sector

Some sustainable initiatives of the company include the incorporation of electromobility, contributing to the reduction of scope 3 emissions in mining, and a circular economy model.

February 22, 2024

Argentina: These are the names of the candidates for the Secretary of Mining of the Nation

Following Flavia Royón's departure due to the conflict between Javier Milei and the governor of Salta, Gustavo Sáenz, within the framework of the Omnibus Law, it has not yet been determined who will be the Secretary of Mining of the Nation.

February 21, 2024

Battery Mineral Resources Corp. Announces Agreement with Anglo-American PLC

BMR is pleased to have entered into an Agreement that is both economically and environmentally beneficial.

February 21, 2024

Rio Tinto Board changes

Discover the departure of Simon McKeon from Rio Tinto's board and the introduction of new directors, marking a pivotal shift towards sustainability and dynamic governance in the mining industry.

February 21, 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.

February 21, 2024

Gold Rises Ahead of Fed Minutes, Supported by Middle East Tensions

Gold prices have seen an upward trend recently as investors eagerly anticipate the release of the Federal Reserve's meeting minutes. The precious metal has also found support from escalating tensions in the Middle East, adding to its safe-haven appeal.

February 21, 2024

SQM Lithium Ventures completes Altilium’s USD 12m Series A Funding through follow-on investment

Altilium is a UK-based clean tech group that will reshape the UK and European automotive supply chain by offering high volume, low carbon domestic sources of cathode and anode materials from recycling waste streams already in circulation, such as lithium scrap.

February 20, 2024

Canadian Mining Industry Finds Solution to Labor Shortage

Canada's mining sector has grappled with a persistent challenge in recent years: a shortage of skilled labor. However, innovative solutions are now emerging to address this pressing issue.

February 20, 2024

Protecting the Seas: The Decisive Pause in Deep-Sea Mining

By prioritizing scientific knowledge and adopting preventive measures, the member states of the Convention on the Conservation of Migratory Species of Wild Animals are laying the groundwork for more sustainable and responsible management of marine resources.

February 19, 2024

Turkey Shuts Down Gold Mine After Landslide: Examining the Impact and Future of Sustainable Mining

After a devastating landslide at a gold mine in Turkey, authorities swiftly closed operations and launched investigations. The incident, in Artvin province, caused casualties and environmental damage, raising safety and sustainability concerns in mining practices.

February 19, 2024

Legal Battle Unfolds in Metal Industry: Rusal vs Potanin and Abramovich

In a significant development within the metal industry, a high-profile legal battle has emerged between Rusal and prominent figures Potanin and Abramovich.