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South America

Trump tariff uncertainties push safe-haven gold to record high
Trump tariff uncertainties push safe-haven gold to record high
31st January 2025 By: Reuters

Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid US President Donald Trump's tariff plans have hoisted gold prices to a record high, once again... 


Chile orders Lundin to shut small copper mine after causing massive sinkhole
Chile orders Lundin to shut small copper mine after causing massive sinkhole
31st January 2025 By: Reuters

Canadian miner Lundin must permanently close its Alcaparrosa copper mine in Chile, the South American nation's environmental regulator said on Thursday, after a massive sinkhole cracked open near... 


The El Teniente mine
Chilean miner Codelco to use recycled material for ball milling at El Teniente mine
30th January 2025 By: Reuters

Chilean State-owned miner Codelco said on Thursday it would use grinding balls made from recycled material in its flagship El Teniente mine, allowing it to reduce carbon dioxide emissions. The... 


South Africa Presidency Project Management Office director Sikhulekile (Khule) Duma
Existing South African reforms set to lift growth to 3.5% by 2029, coal conference hears
30th January 2025 By: Martin Creamer

Existing economic reforms now in motion have the potential to lift South Africa’s economic growth rate to 3.5% a year by 2029, South Africa Presidency Project Management Office director Sikhulekile... 


India seeking energy, lithium investments in Argentina
30th January 2025 By: Reuters

India is looking to expand its investments in Argentina's mining, gas and oil sectors, with a focus on lithium, to secure resources needed for its energy transition, the country's mining secretary... 


Glencore CEO Gary Nagle
Glencore’s steelmaking coal output up 165% y/y on the back of Elk Valley acquisition
30th January 2025 By: Creamer Media Reporter

Despite reporting lower production from own sources for most of the commodities it mines for the 2024 financial year, diversified miner Glencore CEO Gary Nagle says output was in line with... 


Lundin Gold sees Ecuador mine producing up to 525 000 oz through 2027
30th January 2025 By: Reuters

Lundin Gold expects to produce between 475 000 oz and 525 000 oz of gold per year from 2025 to 2027 at the Fruta del Norte mina in Ecuador, the company's chief executive Ron Hochstein told... 


Calibre reports maiden resource for Talavera deposit
29th January 2025 By: Creamer Media Reporter

Mid-tier gold producer Calibre Mining on Wednesday announced the production of its one-millionth ounce of gold in Nicaragua and a maiden mineral resource estimate for its Talavera deposit. The... 


graphical conceptualization of AI
New approach to leadership key to navigating 2025 mining industry challenges, report says
29th January 2025 By: Darren Parker

A new approach to leadership in the mining and metals sector will be key to navigating challenges, such as volatile supply chains and potential metal shortages, this year, with organisations that... 


Gold and silver bars
London bullion association launches digital database for gold bars
29th January 2025 By: Reuters

The London Bullion Market Association (LBMA) has launched a digital database for gold bars to improve transparency in the precious metals market, expecting all LBMA-accredited refineries to come... 


Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
29th January 2025 By: Reuters

Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company prioritised higher-margin products.... 


Producer of platinum, palladium and rhodium.
Sylvania Platinum looking forward to new project’s chrome revenue stream
28th January 2025 By: Martin Creamer

The London Aim-listed Sylvania Platinum is looking forward to the Thaba Joint Venture introducing a chrome revenue stream. On its way to becoming the first platinum group metals (PGM) beneficiation... 


US President Donald Trump
Copper extends losses after Trump threatens tariffs on metals
28th January 2025 By: Bloomberg

Copper declined after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel, raising fears of trade wars and spurring further gains in the... 


Vale CEO Gustav Pimenta
Vale shares shed $17bn as iron-ore slump foils turnaround
28th January 2025 By: Bloomberg

A weaker China economy and battered iron ore prices have helped drive down Vale’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking... 


Richards Bay Coal Terminal chairperson Nosipho Damasane
Coal exports can be uplifted to 81-million tons, Richards Bay Coal Terminal believes
27th January 2025 By: Martin Creamer

In 2017, Richards Bay Coal Terminal (RBCT) exported a record 76.47-million tons of coal on the 907 ships that called in that year, and chairperson RBCT Nosipho Damasane believes that exports can be... 


Protea flower with pink diamond
WFDB, others increasingly campaign for natural diamonds to drive demand
27th January 2025 By: Marleny Arnoldi

World Federation of Diamond Bourses (WFDB) president Yoram Dvash says the 2024 festive season showed some demand recovery for natural diamond jewellery, with sales having been stable. Notably, he... 


Marimaca applies for dual listing
27th January 2025 By: Creamer Media Reporter

Vancouver-based Marimaca Copper has lodged a prospectus with the Australian Securities and Investments Commission for a proposed listing on the ASX. The company, which owns a copper project in... 


Anglo American's corporate head office in South Africa
BHP will not make a fresh bid for Anglo American in the near term, FT reports
27th January 2025 By: Reuters

Australia's BHP will not be making a fresh bid for rival miner Anglo American in the near term because its shares have become too expensive, the Financial Times reported on Saturday, citing three... 


Freeport targets low-cost copper gains with leaching technologies
Freeport targets low-cost copper gains with leaching technologies
27th January 2025 By: Mariaan Webb

US-based copper and molybdenum miner Freeport-McMoRan is making steady progress with its technology-driven leaching initiatives across its North and South American mines, unlocking significant... 


Drill rig
GoviEx confirms low-cost, high-value uranium economics for Muntanga project
24th January 2025 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium has announced strong feasibility study results for the Muntanga uranium project, in Zambia, confirming its low technical risk for a shallow openpit mine and heap... 


Richards Bay Coal Terminal.
Richards Bay Coal Terminal 2024 exports extend beyond 52-million tons
24th January 2025 By: Martin Creamer

South Africa’s Richards Bay Coal Terminal (RBCT) in KwaZulu-Natal exported 52.08-million tons of coal in 2024, up on the 47.21-million tons of 2023, which was the lowest since 1992. RBCT’s budgeted... 


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... 


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