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South America

Known as “the Hub of the North
Vale initiates strategic review of Manitoba nickel mine
24th January 2025 By: Mariaan Webb

Vale Base Metals, the Canadian subsidiary of Brazilian major Vale, has launched a strategic review to assess options for its mining and exploration assets in Thompson, Manitoba. The review, which... 


Chile's mining agency expects another global lithium surplus this year
Chile's mining agency expects another global lithium surplus this year
24th January 2025 By: Reuters

Production cutbacks by lithium companies in response to low prices for the metal have tightened supply forecasts, but a global surplus is still expected for 2024 and 2025, Chilean copper commission... 


Grasberg is the world's second-biggest copper mine
Freeport-McMoRan's copper production slips in Indonesia; shares fall
24th January 2025 By: Reuters

Copper miner Freeport-McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this year, sending the company's shares down more than... 


Bravo Mining joins WPIC as first pre-production member
23rd January 2025 By: Creamer Media Reporter

Canada- and Brazil-based mineral exploration and development company Bravo Mining Corp has become the World Platinum Investment Council's (WPIC's) inaugural pre-production member - a new membership... 


Flags on display at the WEF annual meetings in Davos
One by one, world leaders in Davos fall in line in Trump era
23rd January 2025 By: Bloomberg

He’s not showing up in person, and his video address will come as the World Economic Forum is already winding down. But Donald Trump is still what everyone wants to talk about in Davos. Fans like... 


AusQuest stock soars on Peru copper discovery
AusQuest stock soars on Peru copper discovery
23rd January 2025 By: Mariaan Webb

The share price of explorer AusQuest tripled on the ASX on Thursday following the announcement of a significant large-scale porphyry copper/gold discovery at its Cangallo project in Peru. A maiden... 


Urgewald director Heffa Schuecking.
New metallurgical coal list highlights decarbonisation need beyond thermal coal exiting
23rd January 2025 By: Martin Creamer

The demand-surpassing production of metallurgical coal, in spite of the availability of environment-friendly alternatives for steelmaking in particular, is highlighted in the launch of a... 


Bolivia steps up lithium dealmaking despite growing opposition
23rd January 2025 By: Bloomberg

Bolivia is stepping up efforts to tap the world’s biggest lithium deposits, readying deals with new investors to build processing plants despite low prices and growing opposition from lawmakers and... 


China’s Zijin vies with Glencore after record year for profits
22nd January 2025 By: Bloomberg

Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global commodities giant Glencore, although it has softened its output targets for this... 


Chile launches call for studies on obtaining cobalt, rare earths from mine waste
22nd January 2025 By: Reuters

Chile's development agency Corfo on Tuesday opened a call for studies on the extraction of cobalt and rare earths from mining waste, offering $3-million to $4-million per project for a three-year... 


Minsud announces maiden resource estimate for Chinchillones complex
21st January 2025 By: Creamer Media Reporter

TSX-V-listed Minsud Resources has unveiled a maiden pit-constrained mineral resource estimate for the Chinchillones complex deposit, part of the Chita Valley project in Argentina's San Juan... 


Barrick considers sale of stake in Chilean copper mine
Barrick considers sale of stake in Chilean copper mine
21st January 2025 By: Bloomberg

Barrick Gold is looking to sell its stake in a relatively small Chilean copper mine, as the company focuses on bigger and more profitable operations elsewhere, according to people with knowledge of... 


Teck's Red Dog mine in Alaska
Teck investing up to $3.9bn to grow copper output
21st January 2025 By: Mariaan Webb

Canadian mining company Teck Resources has unveiled plans to invest up to $3.9-billion to expand its copper and zinc production, reinforcing its focus on energy transition metals following the sale... 


Gold tailings retreatment at DRDGold's Ergo.
Global tailings institute selects South Africa as launch pad of new mine dump standards
21st January 2025 By: Martin Creamer

In a bid to help make mine tailings safer for people and the environment, a global institute has been launched in South Africa which has also been selected as the location of the independent,... 


BHP CEO Mike Henry
BHP ‘in good shape’, says Henry as miner reports strong production results
21st January 2025 By: Mariaan Webb

The world’s biggest listed miner, BHP, on Tuesday announced strong production results for the first half of the financial year, with significant gains in its flagship copper and iron-ore... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto and Glencore spoke for months about deal that was once taboo
20th January 2025 By: Bloomberg

When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in... 


Half-year production up 5% as Hillside Aluminium.
Strong start to year keeps South32 guidance intact outside of Mozambique
20th January 2025 By: Martin Creamer

Johannesburg-, Sydney and London-listed globally diversified mining and metals company South32 on Monday reported a sufficiently strong start to the year to enable it to maintain production... 


Former Anglo American CEO Mark Cutifani
Holliday, Cutifani join new advisory organisation Resource Resolutions’s council
20th January 2025 By: Marleny Arnoldi

Newly established advisory organisation Resource Resolutions (RR) has announced that two industry executives will join its Global Advisory Council, Chad Holliday and Mark Cutifani. RR is using the... 


Ferrochrome smelting at the Lion operation.
Ferrochrome production again only marginally up, Merafe’s latest report shows
17th January 2025 By: Martin Creamer

The attributable ferrochrome production from the Glencore Merafe Chrome Venture for the fourth quarter was 70 000 t, resulting in a marginal increase of approximately 0.3% in production for the... 


Rio Tinto to form new lithium unit after Arcadium buy, memo says
17th January 2025 By: Reuters

Anglo-Australian mining giant Rio Tinto plans to create a standalone lithium division after it closes its $6.7-billion acquisition of Arcadium Lithium, according to an internal memo seen by... 


Copper in longest winning streak since 2017 on China demand hopes
Copper in longest winning streak since 2017 on China demand hopes
17th January 2025 By: Bloomberg

Copper headed for an eighth day of gains, its longest winning streak since 2017, as fresh economic data from China brightened the demand outlook in the top metals-consuming nation. The industrial... 


Safety vests with the Rio Tinto logo
Rio Tinto, Glencore discuss mining's biggest-ever potential merger
17th January 2025 By: Bloomberg

Rio Tinto Group and Glencore have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took place as recently... 


Standard Lithium and Equinor secure $225m US grant to develop lithium extraction facility
17th January 2025 By: Reuters

Standard Lithium said on Thursday SWA Lithium, a jointly-owned unit with energy firm Equinor, has closed on a $225-million grant from the US Department of Energy (DoE). The company said the grant,... 


The Filo del Sol project
Lundin hits record copper, zinc production amid transformative year
17th January 2025 By: Mariaan Webb

Toronto-based Lundin Mining has capped off 2024 with record-breaking production of copper and zinc, meeting revised guidance and positioning itself for significant strategic growth. This comes on... 


Magazine Cover image
Central bank buying likely to remain key to gold’s 2025 performance
17th January 2025 By: Sabrina Jardim

Driven by factors such as strong global gold exchange-traded fund inflows and over-the-counter (OTC) demand, gold’s record-breaking year of 2024 saw the gold price rising by more than 28% in US... 


Chile to lift copper output 6% in next decade, with peak in 2027
Chile to lift copper output 6% in next decade, with peak in 2027
16th January 2025 By: Reuters

Chile, the world's No. 1 copper producer, will boost its output of the red metal to 5.54-million metric tons in 2034, representing a 5.6% increase from 2023, state-run copper commission Cochilco... 


Jakob Stausholm
Rio Tinto iron-ore shipments decline despite productivity efforts
16th January 2025 By: Mariaan Webb

Global diversified miner Rio Tinto has reported a marginal decline in its fourth-quarter and full-year iron-ore shipments from the Pilbara, citing resource depletion and above-average rainfall that... 


Waterberg platinum project in Limpopo.
Waterberg discussing concentrate offtake with South African smelter operators amid Saudi mulling
15th January 2025 By: Martin Creamer

Toronto- and New York-listed Platinum Group Metals Limited is in discussion with several South African smelter operators, including Impala Platinum (Implats), with a view to negotiating formal... 


Eroding glut of rare earths could halt two-year price downtrend in 2025, analysts say
Eroding glut of rare earths could halt two-year price downtrend in 2025, analysts say
15th January 2025 By: Bloomberg

Prices of rare earth minerals are likely to stabilise in 2025 after a two-year downturn, as China slows mining output to protect domestic producers and growing demand from electric vehicles and... 


Northam's Zondereinde smelter.
Rapidly rising half-year output from Northam Platinum’s Eland mine marred by tragedy
14th January 2025 By: Martin Creamer

In a voluntary production update, Northam Platinum has reported burgeoning half-year performance from the ramping-up platinum group metals (PGMs) and chrome Eland mine. Eland’s chrome concentrate... 


China 2024 iron-ore imports hit record on resilient demand, steel exports
China 2024 iron-ore imports hit record on resilient demand, steel exports
13th January 2025 By: Reuters

China's iron-ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive... 


Mark Cutifani
Veteran mining banker teams up with former Anglo American CEO Cutifani to chase M&A revival
13th January 2025 By: Bloomberg

In his two decades at Bank of America Corp as a mining banker, Omar Davis worked on several transactions with former Anglo American boss Mark Cutifani. They’ve now teamed up again to set up a... 


Gold mineralisation
US/China tension likely to drive demand for some commodities – Ninety One
13th January 2025 By: Marleny Arnoldi

This year is poised to have various influences impacting on commodity markets, including Donald Trump’s re-election as US President, says private baking organisation Ninety One. In unpacking the... 


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