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South America

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... 


Zinc stacked
BMI unpacks lower-price outlook for zinc
13th January 2025 By: Marleny Arnoldi

Market analyst BMI has maintained its zinc price forecast for this year at $2 650/t owing to weaker supply and demand dynamics; however, refined zinc production will likely trend higher this year... 


Tharisa mine in South Africa’s North West.
Underground feasibility progressing, early works capital being deployed – Tharisa
13th January 2025 By: Martin Creamer

A well progressing Tharisa mine underground definitive feasibility study accompanied by early works capital deployment is reported by Johannesburg- and London-listed platinum group metals (PGMs)... 


Thor Explorations drilling at Douta project
Thor Explorations increases output, progresses various drill programmes
13th January 2025 By: Marleny Arnoldi

TSX-V- and Aim-listed Thor Explorations, which owns and operates the Segolila mine, in Nigeria, has increased its gold production to 85 057 oz in the year ended December 31, compared with the 84... 


Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
13th January 2025 By: Reuters

Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for... 


India Prime Minister Narendra Modi (left) with South African President Cyril Ramaphosa during 2023 visit.
India targeting five-million tons of green hydrogen a year by 2030, PM announces
10th January 2025 By: Martin Creamer

India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen... 


Caterpillar machine and logo
Caterpillar celebrates its 100-year anniversary
10th January 2025 By: Darren Parker

NYSE-listed Caterpillar has marked 2025 as its 100-year anniversary. The globally recognised original equipment manufacturer (OEM) technically turns 100 on April 15, which is when, in 1925, Holt... 


Gold
Thor confirms down-dip continuity of mineralisation at Segilola
10th January 2025 By: Marleny Arnoldi

TSX-V- and Aim-listed Thor Explorations has uncovered promising mineralisation near the Segilola gold mine, in Nigeria, as part of an ongoing diamond drilling programme. The programme is... 


Eduardo Elsztain
Challenger Gold secures strategic investment, advances toll processing agreement
10th January 2025 By: Creamer Media Reporter

Perth-based Challenger Gold on Friday announced the completion of a A$6.6-million strategic placement to an entity controlled by prominent Argentine businessman Eduardo Elsztain. The investment... 


The nuGen™ green hydrogen fuel cell truck retrofitted from a diesel-powered vehicle.
Mining needs to commit to intensified decarbonisation goals, consulting firm shows
9th January 2025 By: Martin Creamer

The mining industry needs to commit to an intensified pursuit of decarbonisation goals amid the rate of greening being too slow to meet science-based targets, consulting services firm dss+ points... 


Gold ore
Westgold reports production increases at several mines in Q2
9th January 2025 By: Marleny Arnoldi

ASX- and TSX-listed Westgold Resources continues to increase its quarterly gold production, having produced 80 886 oz of gold in the second quarter of the 2025 financial year. This compares to 77... 


St George partners with scientific agencies for niobium and REE production in Brazil
9th January 2025 By: Sabrina Jardim

ASX-listed St George Mining has partnered with the Brazilian research and innovation agencies to advance the downstream processing and production of niobium and rare earths elements (REE) from its... 


Greenstone mine, in Ontario
Equinox delivers strongest production year yet
9th January 2025 By: Marleny Arnoldi

Canadian miner Equinox Gold has reported its strongest quarterly and yearly gold production in its history, having produced 213 906 oz of gold in the fourth quarter and 621 870 oz in the full year.... 


Gold ETFs drew first net inflow in four years in 2024, WGC says
Gold ETFs drew first net inflow in four years in 2024, WGC says
9th January 2025 By: Reuters

Physically backed gold exchange-traded funds (ETFs) registered a modest net inflow of $3.4-billion in 2024, their first inflow in four years, even though their holdings fell by 6.8-metric tons, the... 


Codelco taps debt market to fund record copper-mine investments
Codelco taps debt market to fund record copper-mine investments
9th January 2025 By: Bloomberg

Codelco is tapping the bond market to the tune of about $1.5-billion to help fund record investments needed to retain its status as the world’s biggest copper producer. Chile’s state mining firm... 


Maximo Pacheco
Codelco copper output up in 2024
9th January 2025 By: Reuters

Copper production from Chile's Codelco, the world's largest producer of the red metal, reached 1.328-million metric tons last year, according to an internal document seen by Reuters on Wednesday.... 


Brazil offers $815m to back strategic minerals projects
Brazil offers $815m to back strategic minerals projects
9th January 2025 By: Bloomberg

Brazil is offering about $815-million in financing for projects aimed at boosting development of strategic minerals within the South American nation. BNDES and government funding agency Finep,... 


Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
9th January 2025 By: Reuters

Chile's government on Wednesday denied an environmental permit for the proposed Dominga iron and copper mine, siding with critics concerned over impacts to penguins and parrots at the $2.5-billion... 


State Diamond Trader CEO Nosi Mzamo.
State Diamond Trader to showcase South Africa’s diamond industry role
8th January 2025 By: Martin Creamer

South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day of the 2025 South Africa Diamond Show will focus on themes that include... 


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