Codelco is fast-tracking automation at its El Teniente copper mine after a fatal July collapse killed six workers, part of a broader push to enhance safety and offset declining ore grades amid tightening global copper supply.
Capstone Copper sells a 25% stake in its Santo Domingo and Sierra Norte copper projects in Chile to Orion Resource Partners for up to $360 million, reducing capital needs and advancing growth in the Atacama region.
Patagonia Lithium (ASX: PL3) advances its Formentera Lithium Brine Project in Argentina with new drilling, seismic surveys, and engineering milestones targeting a 2026 pilot plant.
Vale and Wabtec launch studies to test ethanol-diesel dual-fuel engines for locomotives on the Vitória-Minas Railway, advancing Vale’s decarbonization goals in Brazil.
Argentina’s mining exports hit $4.21 billion in the first nine months of 2025, up 33% year-on-year — driven by strong gold, silver, and lithium performance.
Solis Minerals (ASX: SLM) names veteran geologist Anthony Greenaway as non-executive director as it finalises re-domiciliation to Australia and focuses on copper projects in South America.
Unionized workers at Minera Antucoya, part of Antofagasta Minerals, overwhelmingly rejected the company’s latest collective bargaining offer and confirmed a legal strike beginning October 16 after a mediation process yielded no progress.
Peru’s Matarani port, co-owned by BlackRock, secures $700M expansion approval to boost copper exports and counter China’s growing influence in Latin American infrastructure.
Chile’s Codelco expects copper output at El Teniente to stay 25% below capacity into 2026 after a fatal collapse, delaying recovery efforts and global supply.
Residents near Cobre Panamá accuse environmental NGO CIAM of political activism and neglect after the mine’s 2023 shutdown, as Panama weighs a potential reopening.
Luis David Henríquez, a contractor for Workmate, died during loading operations at Minera Escondida | BHP in Antofagasta. Authorities and the company have launched investigations to determine the cause of the accident.
Minera Los Pelambres and its Supervisors’ Union reach a new 36-month labor contract featuring salary increases, bonuses up to CLP $28 million, and strengthened benefits.
Peru is courting Saudi Arabia and Chevron for major mining and energy investments, aiming to revitalize its copper, lithium, and offshore oil sectors and reduce energy imports.
A GEM Mining Consulting report reveals that 6.4 million tonnes of global copper capacity are stalled by ESG challenges, with Peru, Chile, and the US most affected.
McEwen Copper releases a $3.2B feasibility study for its Los Azules project in Argentina, as CEO Michael Meding says investors remain confident thanks to the RIGI stability program and strong copper market outlook.
Brazilian Rare Earths signs a 10-year agreement with Carester SAS to supply dysprosium and terbium feedstocks, marking a major step toward diversifying global rare earth supply chains beyond China.
Political uncertainty before Argentina’s October 2025 midterm elections is delaying mining investments, with CAEM calling for policy clarity, tax reforms, and stronger provincial dialogue to restore investor confidence.
Codelco’s copper production plunged 25% in August to 93,400 tons — its lowest since 2003 — after a deadly accident at the El Teniente mine halted operations for more than a week.
Teck Resources trims copper output guidance for 2025 amid challenges at its Quebrada Blanca mine in Chile, while Anglo American reaffirms confidence in their $53B merger deal.
Copper prices jump to $10,815/t as Teck Resources lowers 2025 output targets due to setbacks at Quebrada Blanca and Highland Valley Copper. Analysts forecast prices could reach $12,000/t next year.
Tinka Resources secures $15.4 million to fund drilling at its Silvia Gold-Copper and Ayawilca Zinc-Silver-Tin projects in Peru, while appointing Brandon Macdonald as Executive Chairman.
Chile’s mining regulator Sernageomin says the investigation into the fatal El Teniente mine collapse that killed six workers will take months due to the accident’s complexity.
Hudbay Minerals restarts operations at its Constancia copper mine in Peru after a two-week shutdown caused by protests. Delayed shipments expected to trim Q3 sales.
McKinsey’s Global Materials Perspective 2025 reveals $700 billion in mining profits despite falling revenues, driven by strong demand for energy transition and AI-related metals.
Brazil’s BNDES and China’s CEXIM will create a $1B fund to invest in energy transition, infrastructure, mining, agriculture, and AI projects starting in 2026.
Ecuador’s government revokes the environmental license for DPM Metals’ $419 million Loma Larga gold project amid local opposition over water and ecosystem concerns in Azuay province.
Vale SA will repurchase up to $3 billion of its 1990s-era participating debentures to streamline debt and reduce high-yield obligations. Holders have until Oct. 31 to participate.
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