Lundin Gold will invest $100 million in 2026 to drill 133,000 metres and extend Fruta del Norte’s mine life in Ecuador’s Zamora Chinchipe province.
The miner’s quarterly result was hit by lower long-term nickel price assumptions and tax write-offs, even as adjusted EBITDA came in above market expectations on stronger iron ore and copper performance.
The revoked concessions, totaling approximately 889,000 hectares, were canceled due to unpaid maintenance fees and failure to submit mandatory reports. Most are located in northern and central mining regions.
Lithium carbonate CIF Asia ended December 2025 at US$11,300/t after bottoming at US$8,975/t in June. BESS growth, inventory drawdowns, supply disruptions and China regulatory signals drove the rebound and improved sentiment heading into 2026.
New Verisk Maplecroft research finds Argentina, Brazil, Chile and Peru offer a rare mix of large critical-mineral reserves and moderate political/resource-nationalism risk, making South America a strategic anchor for Western supply-chain diversification.
Jaguar Uranium began trading on NYSE American (JAGU) after a US$25 million IPO priced at US$4.00/share. The company is advancing uranium exploration projects in Colombia and Argentina.
BHP says new hoist cylinders allow WAIO haul-truck trays to tip higher, cutting carryback by 54% and adding 127,000 t/month (1.52 Mt/year) of iron ore—supporting “tens of millions” in annual revenue uplift.
The Global Tailings Management Institute named Ed Toms as its first CEO and formed a Technical Committee to oversee audit protocols, accreditation and training for a tailings safety certification system aligned with the GISTM.
Lundin Mining’s 70%-owned Caserones mine in Chile has deployed the world’s first hybrid-electric ultra-class haul truck at an active site, retrofitting a Komatsu 930E with Cummins’ First Mode kit to cut diesel use and emissions.
BBC reports Andrew Mountbatten-Windsor forwarded a confidential UK trade briefing to Jeffrey Epstein in 2010 highlighting uranium and other “high-value” Afghan mineral opportunities. Police have consulted prosecutors as scrutiny grows.
South32 reported underlying HY earnings of $435m, beating estimates, driven by higher commodity prices and a manganese recovery. The miner cut Brazil Aluminium production guidance for FY2026 and FY2027 amid ramp-up challenges.
President Trump signed an order directing the Pentagon to purchase electricity from coal plants and announced $175 million in upgrades for six facilities, extending a broader push to keep coal online amid rising power demand.
J.P. Morgan raised its long-term copper forecast to $12,000/t ($5.50/lb), warning deficits could reach ~2 Mt by 2030 and up to ~8 Mt by 2035 amid rising project costs and long lead times.
proEXPLO 2026 will showcase a slate of high-impact copper and gold exploration and development projects at its flagship Core Shack in Lima (May 4–6).
Aguia Resources (ASX:AGR) says gold recoveries at its Santa Barbara project in Colombia improved to more than 85% in January 2026, up from 70% in December, after processing low-to-medium grade stockpiles and tightening operations.
Rising exchange inventories and elevated prices are tempering end-user demand, with combined LME, SHFE and Comex stockpiles topping 970,000 tonnes—highest since 2003—after metal flowed into the US on tariff expectations.
He expects the gold–silver ratio to rise as macroeconomic and geopolitical uncertainty persists, supported by central-bank buying and steady ETF inflows.
Codelco’s copper production rose 3.7% year-on-year in December to 181,400 tonnes, according to Chile’s copper commission Cochilco. Output at BHP’s Escondida fell 16.5% to 111,500 tonnes, while Collahuasi (Glencore/Anglo American) dropped 12.1% to 36,200 tonnes.
Prosecutors said five workers have been identified among recovered bodies, with additional remains still being processed, while Security Minister Omar García Harfuch said the victims may have been taken in a case of mistaken identity amid cartel infighting.
S&P Global Ratings revised First Quantum Minerals’ outlook to positive from negative, citing progress toward restarting Cobre Panamá and stronger liquidity.
Vizsla Silver said families were informed that some of the workers abducted near its Pánuco project in Concordia, Sinaloa, have been found dead, as Mexican authorities work to confirm identities and continue searches for those still missing.
BHP–Lundin JV Vicuña Corp. may invest about $800 million in 2026 at Filo del Sol and Josemaría in San Juan, doubling 2025 spending. The company targets first production in 2030 and has applied to Argentina’s RIGI incentive regime, according to an executive quoted by Reuters.
Argentina’s foreign minister Pablo Quirno said new US-Argentina critical minerals and trade/investment agreements do not exclude Chinese mining investment, even as Argentina pledged to prioritize the US for copper and lithium trade.
Chile’s Codelco and Quiborax created Minera Ascotán SpA to pursue a Special Lithium Operation Contract (CEOL) for the Salar de Ascotán. The JV starts 34% Codelco / 66% Quiborax and plans to bring in a new majority partner once the CEOL is secured.
Codelco’s El Teniente mine expects about 301,000 tonnes of copper in 2026 and output is likely to remain at similarly low levels for the next five years, mine head Claudio Sougarret told Reuters, extending earlier guidance of a three-year impact after a fatal collapse.
Heliostar Metals poured first gold from the restarted San Agustin open-pit heap-leach mine in Durango, Mexico, in late January 2026. The company says the restart was on time and on budget, and it reaffirmed 2026 guidance of 50,000–55,000 oz across San Agustin and La Colorada.
Capstone Copper reached a three-year collective agreement with Union No. 2 at its Mantoverde operation in Chile’s Atacama region, ending a 35-day strike that had kept output around 55% of normal levels and clearing the way for a safe ramp-up to full production.
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