Gold Fields CEO Mike Fraser says the miner is open to further M&A, especially in Western Australia, as it lifts exploration and boosts shareholder returns after a strong 2025.
Rio Tinto said copper profit nearly doubled to about $7.4B as copper output rose 11%. CEO Simon Trott is steering 85% of exploration spend to copper after Glencore talks ended.
Teck reported stronger Q4 2025 earnings on higher copper prices. Chile’s Quebrada Blanca produced 55,400 tonnes of copper in Q4 and advanced tailings work, with 2026 guidance reaffirmed.
Oxford Economics upgraded Peru to overweight on strong copper export exposure and kept Brazil overweight on expected rate cuts. Chile remained neutral due to closure, strike and logistics risks; Mexico and Colombia stayed underweight.
The miner’s year-end 2025 update shows a sharp rise in Measured and Indicated copper Mineral Resources, while Proven and Probable Mineral Reserves decline mainly due to technical reclassifications in the Vicuña District and portfolio changes.
Capstone Copper guided 2026 output at 200,000–230,000 tonnes and C1 costs of US$2.45–2.75/lb, below consensus. Lower grades at Mantos Blancos and lingering Mantoverde strike effects weighed on outlook.
Peru’s Congress elected José María Balcázar interim president in a 64–46 vote after José Jerí was removed. Balcázar will serve until July 28, 2026, ahead of April 12 elections.
Lake Resources expects environmental approval in 1H 2026 and a 2026 FID for Kachi (Catamarca, Argentina). The project targets 25,000 tpa lithium carbonate with DLE ion-exchange and expansion to 50,000 tpa.
American Lithium Minerals (OTC: AMLM) is seeking up to US$20 million to fund near-term work in Canada and Chile, including a fully permitted BC gold project and planned drilling in Chile, while pursuing an OTCQB or Nasdaq uplist.
Canada and Mexico are drafting a joint action plan for 2H 2026 to cut permitting, logistics and trade bottlenecks and strengthen North American mineral supply chains.
Glencore secures a KCC land deal in the DRC to extend mine life and lift output, even as 2025 EBITDA falls again. M&A options remain open.
BHP has signed a long-term silver streaming agreement with Wheaton Precious Metals for an upfront US$4.3bn payment, tied to silver output from BHP’s 33.75% share of Peru’s Antamina mine, aiming to redeploy capital to high-return growth projects and shareholder returns.
The parent company of Antofagasta Minerals reported revenues of US$8.62 billion (+30%), pre-tax profit of US$3.16 billion, and a 27% reduction in net cash costs to US$1.19/lb.
Chile’s mining safety regulator Sernageomin filed complaints with prosecutors and the comptroller over alleged inconsistencies in information reported after El Teniente’s 2023 rockburst, demanding real-time access to raw seismic and geomechanical monitoring data.
Chile’s Mining Minister Aurora Williams and Deputy Minister Suina Chahuán held a first handover meeting with incoming authorities Daniel Mas and Álvaro González, reviewing policy roadmaps, investment priorities, and key copper and lithium challenges.
BHP’s half-year underlying profit rose 22% to $6.2bn as copper overtook iron ore for the first time, contributing 51% of earnings; the miner declared a 73c interim dividend and raised Escondida’s 2027 outlook.
Project Vault reshapes U.S. critical minerals policy through EXIM-backed stockpiling, allied trade negotiations, and potential border-adjusted price floors following the Section 232 review.
Los inventarios combinados de cobre en Comex, LME y SHFE superaron 1 millón de toneladas por primera vez desde 2004, impulsados por acopio en EE.UU. y demanda más débil en China, mientras reportes satelitales apuntan a un mínimo de actividad de fundición en enero.
Mexico and Canada will unveil a joint action plan on minerals, infrastructure and supply chains in the second half of 2026, Economy Minister Marcelo Ebrard said after meeting Canada’s Trade Minister Dominic LeBlanc in Mexico City.
Vicuña Corp., controlled by BHP and Lundin Mining, outlined an $18bn multi-year investment plan to develop the Josemaría and Filo del Sol projects in San Juan, Argentina.
CME Group is considering the world’s first rare earth futures contract, likely tied to NdPr (neodymium-praseodymium) used in permanent magnets for EVs and wind turbines.
Cobre (ASX:CBE) is raising A$60 million via a 400 million-share placement at A$0.15 to fund a staged earn-in to 51% of Chile’s Sierra Atacama Copper Project under a binding agreement with Minera Salar Blanco.
After gold’s historic late-January plunge, traders are still building December Comex call spreads struck at $15,000 and $20,000. The position highlights demand for extreme upside exposure as volatility remains elevated.
The Trump administration is weighing changes to steel and aluminum “derivative product” tariffs that companies say are hard to calculate.
Vale says it can restore operational conditions at its Viga and Fábrica mines within 2–3 weeks after January water overflows, but restart depends on regulatory clearance.
Internal audit identified inconsistencies and concealment in technical reports submitted to authorities following a 2023 rockburst at El Teniente Division.
EXPONOR 2026 will hold its 3rd webinar in English on March 12 (11:00 Chile time) with AIA, Spence | BHP and Albemarle, highlighting mining business opportunities.
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