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South America

DRDGOLD CEO Niël Pretorius.
Self-generation of solar served as key catalyst in DRDGOLD’s strong new growth thrust
22nd August 2025 By: Martin Creamer

There’s a wonderful gold-price tailwind behind all gold companies at the moment but it’s the self-generation of solar electricity that served as the key catalyst of change for Ergo. Following the... 


Aldebaran plans $1.5bn capex for Argentina copper project
22nd August 2025 By: Reuters

Canada's Aldebaran Resources will require at least $1.5-billion to develop its Altar copper project in northern Argentina, country manager Javier Robeto said in an interview. The company plans to... 


Gold Fields CEO Mike Fraser
Gold Fields lifts interim dividend as profit surges on higher gold price, strong production
22nd August 2025 By: Sabrina Jardim

Globally diversified gold miner Gold Fields has declared a dividend of R7 a share for the six months ended June 30, compared with the dividend of R3 a share declared for the first half of the 2024... 


Marimaca moves to reduce input costs
22nd August 2025 By: Mariaan Webb

Toronto- and Sydney-listed Marimaca Copper as signed a binding option to acquire a sulphuric acid plant in Chile in a move that should reduce one of the biggest input costs for its planned oxide... 


Glencore targets 1Mt of copper in Argentina over coming decade
Glencore targets 1Mt of copper in Argentina over coming decade
22nd August 2025 By: Reuters

Miner and trader Glencore will aim to produce nearly one-million tons of copper annually at its planned El Pachon and Agua Rica projects in Argentina over the next 10 to 15 years, the company's CEO... 


Exxaro CEO Ben Magara.
Exxaro spending R5.2bn on coal mine expansion, R4.7bn on wind farm project
21st August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed Exxaro Resources will be spending R5.2-billion on a life-of-mine expansion project at its Matla colliery and R4.7-billion on the development of the 140 MW... 


Excellon secures $7.5m Glencore financing to restart Peru silver mine
21st August 2025 By: Creamer Media Reporter

TSX-V-listed Excellon has announced a financing and offtake agreement with Glencore to support the restart of its past-producing Mallay silver mine in Peru. The deal provides for up to $7.5-million... 


Perseus' Yaouré mine, in Côte d'Ivoire
Perseus reaches accord with Tanzania govt on how to operate the Nyanzaga mine
21st August 2025 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the... 


SQM expects lithium price boost in third quarter
SQM expects lithium price boost in third quarter
21st August 2025 By: Reuters

Chilean lithium producer SQM expects prices and sales volumes to rise in the third quarter, executives said on Wednesday, after the miner missed estimates for second-quarter net profit. The... 


The July 31 accident killed six people near a new section of El Teniente's vast network of underground tunnels.
Codelco to lower 2025 copper target after El Teniente accident
21st August 2025 By: Reuters

Chilean copper miner Codelco will lower its 2025 production guidance after an accident at its flagship El Teniente mine knocked 33 000 metric tons off the facility's output, executives said on... 


DRDGOLD COO Jaco Schoeman.
DRDGOLD investing R7.8bn in Big Five growth projects as part of Vision 2028
20th August 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Wednesday outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on... 


Mogalakwena mine
Lycopodium posts healthy full-year net profit from strong portfolio of projects
20th August 2025 By: Marleny Arnoldi

ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year... 


DRDGOLD's Ergo plant.
DRDGOLD doubles final dividend on high revenue and operating profit
20th August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an... 


Viridis unveils 200Mt ore reserve at Colossus rare earths project in Brazil
20th August 2025 By: Creamer Media Reporter

ASX-listed Viridis Mining and Minerals has defined a 200.6-million-ton maiden ore reserve at its Colossus project in Brazil, a figure the company says underpins a potential 40-year mine life and... 


Aus firm raises A$25m for Argentina silver projects
20th August 2025 By: Mariaan Webb

ASX-listed Unico Silver has raised A$25-million through a placement to institutional and sophisticated investors, positioning the company to accelerate exploration and development at its silver... 


Atico profit climbs on higher sales despite lower copper output
Atico profit climbs on higher sales despite lower copper output
20th August 2025 By: Creamer Media Reporter

Base metals miner Atico Mining on Tuesday reported stronger second-quarter earnings as higher gold prices and increased concentrate sales helped offset a steep drop in copper output at its flagship... 


BHP sells copper assets in Brazil to CoreX for up to $465m
20th August 2025 By: Reuters

Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465-million, it reported alongside its earnings on Tuesday. BHP has entered into a binding agreement with... 


Lifezone founder and chairperson Keith Liddell.
Defence industry expected to spur demand for nickel as world invests in armaments
19th August 2025 By: Martin Creamer

The global defence industry is expected to stimulate considerable demand for nickel as the world invests in more armaments that require nickel-containing steels. “I think there's going to be a big... 


Argentina's Gualcamayo gold mine eyes $665m investment under incentive programme
19th August 2025 By: Reuters

Argentina's Gualcamayo gold mine is aiming to build a new $665-million project it hopes will qualify for a new government incentive program, executives said in a recent press tour of the site.... 


silver grain
Heraeus says gold prices holding steady, silver enjoys ETF activity
19th August 2025 By: Marleny Arnoldi

Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices... 


Glencore CEO Gary Nagle says the RIGI framework is a key catalyst to attract major foreign investment to Argentina.
Glencore weighs $13.5bn copper spend in Argentina as RIGI transforms investment climate
19th August 2025 By: Mariaan Webb

Commodities major Glencore has applied to bring two of its flagship Argentine copper projects under President Javier Milei’s new Incentive Regime for Large Investments (RIGI), seeking to unlock... 


Gold bars
UBS raises gold target price for end-March 2026 by $100 to $3 600/oz
19th August 2025 By: Reuters

UBS on Monday raised its gold target price for end-March 2026 by $100 to $3 600 per ounce as persistent US macroeconomic risks, de-dollarization trends, and strong investment demand — especially... 


CrossBoundary 16 MW solar farm for QIT Madagascar Minerals mine.
Mining energy supplier secures $40m from Denmark to fund greener Africa
18th August 2025 By: Martin Creamer

Mining energy supplier CrossBoundary has secured a $40-million investment from Impact Fund Denmark to expand its portfolio of clean energy projects across Africa. The investment supports... 


Tungsten
Almonty on track to start initial production at flagship South Korean tungsten mine
15th August 2025 By: Marleny Arnoldi

Tungsten miner Almonty Industies CEO and president Lewis Black says the company has made solid strides across several strategic initiatives to lay the groundwork for the company’s next phase of... 


The Lion Ferrochrome Smelter.
Ferrochrome: In my view, we’re fairly close to possible solution – Glencore Alloys CEO
15th August 2025 By: Martin Creamer

“We are, in my view, fairly close to a possible solution,” Glencore Alloys CEO Japie Fullard said during Merafe Resources question time earlier this week amid South Africa going all out to prevent... 


Lithium salt flats in South America
Bolivia election: What you need to know
15th August 2025 By: Reuters

Almost eight-million Bolivians are set to vote on August 17 for a new president, vice president and all legislative seats - 26 senators and 130 deputies. Ex-President Evo Morales, Bolivia's... 


Iron-ore stockpiles
Iron-ore set for weekly decline on China's weakening property demand
15th August 2025 By: Reuters

Iron-ore futures slipped on Friday, on track for a weekly loss, as property demand in China weakened. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1... 


Denarius records first revenue as Colombia project ramps up
15th August 2025 By: Creamer Media Reporter

Canadian junior company Denarius Metals has generated its first revenues during the second quarter ended June 30, after production got under way at its Zancudo gold/silver project, in Colombia, in... 


Rare earth oxides
China warns western companies against stockpiling rare earths, FT reports
15th August 2025 By: Reuters

China is warning western companies against stockpiling rare earths or risk even greater shortages, as Beijing tightly controls supply of the metals that are vital for electric vehicles and other... 


Drill core from a Brazil Potash project
Brazil Potash seeks up to $1.8bn to build Amazon mine
14th August 2025 By: Reuters

Brazil Potash Corp is in talks with banks and other lenders to secure between $1.7-billion and $1.8-billion in debt to fund its planned potash mine in Brazil's Amazonas state, CE Matt Simpson said... 


Barrick CEO Mark Bristow.
This century’s greatest gold discovery prospect being advanced by an excited Barrick
14th August 2025 By: Martin Creamer

Fourmile is rapidly competing to be the largest and highest-grade gold discovery in the industry this century, Barrick CEO Dr Mark Bristow enthused during the quarterly presentation of the New... 


Lake Resources halts trading on planned fundraising
Lake Resources halts trading on planned fundraising
14th August 2025 By: Mariaan Webb

Lithium developer Lake Resources has requested a trading halt pending an announcement about a potential capital raising, the company said in a filing to the ASX on Thursday. The lithium company,... 


Antofagasta CEO Ivan Arriagada says the company expects more than 30% growth in output in the medium term.
Antofagasta half-year earnings surge 60% on higher copper demand, prices
14th August 2025 By: Reuters

Chilean miner Antofagasta posted a nearly 60% jump in half-year core earnings on Thursday, on higher production and prices its customers paid for energy transition material copper. Earnings before... 


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