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South America

Bisie tin mine
Alphamin posts record quarterly tin output
7th November 2024 By: Marleny Arnoldi

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 


Albemarle loses more than $1bn on falling lithium prices
Albemarle loses more than $1bn on falling lithium prices
7th November 2024 By: Bloomberg

Albemarle, the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the... 


Ionic announces MoU to establish Brazil magnet supply chain
6th November 2024 By: Creamer Media Reporter

ASX-listed Ionic Rare Earths is advancing its integration into the Brazilian magnet supply chain with the company’s Viridion joint venture (JV) with fellow listed Viridis Mining and Minerals... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Ero Copper announces leadership succession
Ero Copper announces leadership succession
6th November 2024 By: Mariaan Webb

Vancouver-headquartered Ero Copper has announced several leadership changes, following the retirement of co-founder and chairperson, Noel Dunn. David Strang, cofounder and current CEO, will assume... 


El Abra copper mine
Delay in Chile mining permits a serious problem, says local head of Freeport
6th November 2024 By: Reuters

An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the local head of US... 


Codelco seeks permit for $650m Andina water project
5th November 2024 By: Reuters

Chile's state copper giant Codelco has applied for an environmental permit for a $650-million project to make water use in its Andina mine more sustainable, the company said on Tuesday. The plan... 


The fish-to-dragon 1kg platinum investment bar. Picture: China Gold Coin Group.
Investment demand for platinum in China strengthens with launch of new platinum bar
5th November 2024 By: Martin Creamer

The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of the most important investment markets for platinum... 


Copper extends gains on signs Chinese economy in recovery mode
Copper extends gains on signs Chinese economy in recovery mode
5th November 2024 By: Bloomberg

Copper rose for a third day on positive Chinese economic data and hopes Beijing will unveil more economic support measures. The industrial metal has rallied more than 2% since the close on... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol... 


Photo of Martin Creamer
Chile green hydrogen, Implats solar, De Beers business development make headlines
1st November 2024

Mining Weekly Editor Martin Creamer discusses the very promising findings of Chile’s green hydrogen valley study; Implats' 35 MW solar project and expanded smelter at Zimplats; and De Beers urging... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


Copper output from Chile's Codelco down nearly 5% this year, but recovery expected
Copper output from Chile's Codelco down nearly 5% this year, but recovery expected
31st October 2024 By: Reuters

Chile's State-owned miner Codelco reported 918 000 metric tons of its own copper output from January through September, down 4.9% from the first nine months of last year, a filing to the country's... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


Anglo American CE Duncan Wanblad
Initial findings of Chile’s green hydrogen valley study ‘very promising’, Anglo reports
30th October 2024 By: Martin Creamer

The initial findings of the study to ascertain the feasibility of the development of a green hydrogen valley in Chile’s central zone are “very promising”, Anglo American Chile CEO Patricio Hidalgo... 


Hochschild exercises option to acquire Brazil project
30th October 2024 By: Creamer Media Reporter

LSE-listed Hochschild Mining on Wednesday announced that it had exercised its option to acquire a 100% interest in the Monte Do Carmo project from TSX-V-listed Cerrado Gold. The project is located... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


BHP chairperson Ken MacKenzie and CEO Mike Henry addressed the BHP AGM on Wednesday.
BHP has moved on from Anglo American, company chairperson says
30th October 2024 By: Reuters

BHP has moved on to focus on other growth opportunities after its failed bid for Anglo American earlier this year, the company's chairman said on Wednesday, weeks before a block on making another... 


Centamin's Sukari gold mine, in Egypt
AngloGold, Centamin shareholders approve acquisition
29th October 2024 By: Marleny Arnoldi

The shareholders of gold miners AngloGold Ashanti and Centamin have approved the deal whereby AngloGold intends to acquire Centamin for $2.5-billion. The majority shareholder approval follows a... 


Gustavo Pimenta
Vale partners with China's Jinnan steel to build iron ore processing plant in Oman
29th October 2024 By: Reuters

Brazilian miner Vale, one of the world's largest iron ore producers, said on Monday it had partnered with China's Jinnan Steel Group to build an iron ore beneficiation plant in Oman to produce high... 


Aura Minerals acquires Bluestone Resources
29th October 2024 By: Creamer Media Reporter

TSX-listed Aura Minerals has announced the acquisition of TSX-V-listed Bluestone Resources, gaining the Cerro Blanco gold project and the adjacent Mita geothermal project in Guatemala. The... 


De Beers' programme provides diamond sector training and mentorship.
De Beers invites local diamond entrepreneurship applications
29th October 2024 By: Martin Creamer

The commitment of South Africa’s oldest mining company, De Beers, to leading the local diamond industry towards greater inclusivity is reflected in this week’s call by the Anglo American company... 


DRDGOLD's Ergo tailings retreatment operation.
DRDGOLD reflects on favourable year during positive gold price climate
28th October 2024 By: Martin Creamer

Although DRDGOLD’s volume throughput target was missed by 17% owing to a delay in the commissioning of new reclamation sites at Ergo, a steady performance from Far West Gold Recoveries (FWGR)... 


Strong call for FCEVs to be advanced as an immediate-term necessity.
Platinum association highlights advantages of quicker fuel cell electric vehicle deployment
28th October 2024 By: Martin Creamer

The International Platinum Group Metals Association (IPA) is calling on policymakers to urgently drive forward the deployment of fuel cell electric vehicles (FCEVs), alongside battery electric... 


Agnico Eagle invests $40m in Latin America-focused explorer
Agnico Eagle invests $40m in Latin America-focused explorer
28th October 2024 By: Creamer Media Reporter

Canada-based Agnico Eagle has announced a $40-million strategic investment in ATEX Resources – a TSX-V-listed, Latin America-focused exploration company. Agnico Eagle has agreed to subscribe for... 


Samarco operations in Brazil
Brazil seals $30bn compensation deal with BHP, Vale over 2015 dam collapse
28th October 2024 By: Reuters

Brazil on Friday signed a 170-billion reais ($29.85-billion) compensation agreement with miners BHP, Vale and Samarco for the Mariana dam collapse in 2015, one of the country's worst environmental... 


Codelco suspends operations at copper refinery after worker's death
28th October 2024 By: Reuters

Chilean state miner Codelco suspended operations at its Ventanas copper refinery after a worker died on the job, the company said on Friday. The 32-year-old employee of Codelco contractor CVC was... 


Millennial mining heirs bet the family business on Argentine copper
Millennial mining heirs bet the family business on Argentine copper
25th October 2024 By: Bloomberg

When he was 16, Adam Lundin was lowered by helicopter into the remote wilderness of northern Canada. For the son of a wealthy mining mogul, this was something of an initiation. He spent the summer... 


Sibanye-Stillwater CEO Neal Froneman
US regulation revision likely to benefit Sibanye-Stillwater’s PGM operations in Montana
25th October 2024 By: Martin Creamer

Final regulations that are anticipated to benefit the platinum group metals (PGM) operations of Sibanye-Stillwater in Montana have been published by the US Treasury. The final regulations concerned... 


Rio Tinto’s Nuton invests $35m in McEwen Copper
Rio Tinto’s Nuton invests $35m in McEwen Copper
25th October 2024 By: Creamer Media Reporter

Nuton, a copper technology venture of Rio Tinto, has pumped $35-million into McEwen Copper, which owns the Los Azules project in Argentina. McEwen previously announced a nonbrokered private... 


Brush fires
UN says world is now on course for warming of up to 3.1 °C
25th October 2024 By: Bloomberg

A chronic lack of ambition and climate action by countries across the world over the past three years means the goal to keep global warming below 1.5C will soon be dead, the United Nations has... 


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