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South America

BHP, Vale offer $1.4bn settlement in UK lawsuit over Brazil dam disaster, FT reports
8th August 2025 By: Reuters

Global miners BHP Group and Vale have offered around $1.4-billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil's worst-ever environmental disasters, the Financial... 


Pan American Silver appoints Pablo Marcet to its board
7th August 2025 By: Creamer Media Reporter

Vancouver-based gold and silver miner Pan American Silver has appointed Pablo Marcet to its board of directors with immediate effect. Marcet is a distinguished mining professional with more than... 


Amerigo faces operational disruption following El Teniente accident
7th August 2025 By: Mariaan Webb

Vancouver-based Amerigo Resources  has temporarily suspended the processing of fresh tailings at its Minera Valle Central (MVC) operation in Chile following a deadly rockfall at its long-time... 


Menar MD Vuslat Bayoglu.
Khwelamet ferromanganese revival will begin minute Eskom gives feasible power rate
7th August 2025 By: Martin Creamer

The minute that Eskom gives Khwelamet an economically feasible power price, the refurbishing of two of the four furnaces at the dormant former Metalloys plant in Meyerton will begin and take six to... 


Chile's ENAMI opens door to investors for $1.7bn smelter
7th August 2025 By: Reuters

Chile's state-run mining company Enami has kicked off a process to draw in investors for a $1.7-billion smelter in exchange for copper cathode supply, it said on Wednesday. The Hernan Videla Lira... 


El Teniente
Codelco asks to restart part of El Teniente mine after accident
7th August 2025 By: Reuters

Copper miner Codelco has asked Chile's mining regulator for permission to reopen a part of its flagship El Teniente mine after a collapse last week that killed six people, two sources with... 


Copper market to feel impact of accident in Chile
6th August 2025 By: Bloomberg

Codelco stopped processing ore at its biggest copper mine in Chile after a deadly tunnel collapse July 31 prompted a halt of underground activities. The El Teniente complex ran out of stockpiled... 


Glencore CEO Gary Nagle.
Glencore identifies major cost savings opportunities in half-year review
6th August 2025 By: Martin Creamer

During the first half of this year, diversified mining and marketing group Glencore continued to optimise the business and position it for further value accretive growth, CEO Gary Nagle reported on... 


Barrick Mining Corporation's Hemlo mine, in Canada
Barrick Gold reaches ‘safe closure’ of 13 tailings sites, aims to close five more soon
6th August 2025 By: Marleny Arnoldi

NYSE- and TSX-listed gold miner Barrick Mining Corporation has fulfilled its commitment to provide disclosure on its tailings facilities, in accordance with the Global Industry Standard on Tailings... 


Matthew Crawford says senior miners must step up gold exploration.
Gold Fields exec calls on majors to ‘lean in’ on gold exploration
6th August 2025 By: Mariaan Webb

Gold Fields greenfields exploration VP Matthew Crawford has called on major gold companies to play a greater role in early-stage discovery, saying the burden of exploration is increasingly being... 


Platinum bars produced by Impala Platinum in South Africa
Platinum crunch comes to a head as US, China snap up metal
6th August 2025 By: Bloomberg

A years-long supply crunch in platinum has come to a head, with banks scrambling for dwindling stocks in London as buyers in China and the US hoover up much of the available metal. The market... 


BHP and Lundin will request Argentina incentives, but other miners fear missing out
BHP and Lundin will request Argentina incentives, but other miners fear missing out
6th August 2025 By: Reuters

 BHP and Lundin plan to soon apply for a new Argentine investment incentives scheme for their Vicuna copper project, but other miners fear they may get left out before the program's cut-off date a... 


Kansanshi copper mine, in Zambia
First Quantum secures long-term capital through gold streaming agreement
5th August 2025 By: Marleny Arnoldi

TSX-listed First Quantum Minerals has entered into a gold streaming agreement with RGLD Gold, with First Quantum to receive a $1-billion upfront cash payment in exchange for gold deliveries... 


Toyota and China’s Shudao Investment  to build a hydrogen fuel cell plant in Chengdu.
Demand outlook for South Africa’s platinum uplifted by China-Toyota hydrogen project
5th August 2025 By: Martin Creamer

A development that is improving the demand outlook for South African platinum group metals (PGMs) is the announcement of a joint venture (JV) between Japan’s Toyota Motor Corporation and China’s... 


McEwen Mining to complete Argentina mine feasibility study in two months, executive says
McEwen Mining to complete Argentina mine feasibility study in two months, executive says
4th August 2025 By: Reuters

McEwen Mining expects to complete a feasibility study for its Los Azules copper mine in Argentina in two months, paving the way for the Canadian miner to seek $600-million in financing needed to... 


Gold jewellery
Heraeus says prolonged high gold prices lower jewellery demand in key regions
4th August 2025 By: Marleny Arnoldi

Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India.... 


AngloGold Ashanti CEO Alberto Calderon.
AngloGold holds costs below 2% amid peers averaging 15%-plus
4th August 2025 By: Martin Creamer

Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost... 


Copper rises as Chile stoppage stirs fresh concerns about supply
Copper rises as Chile stoppage stirs fresh concerns about supply
4th August 2025 By: Bloomberg

Copper rose for a second day as Chilean mining giant Codelco grappled with the aftermath of a deadly accident at one of the world’s biggest underground mines. Six people were killed in a tunnel... 


Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
4th August 2025 By: Reuters

Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that... 


Vale says ERG Brazil mine investment still not adding up
Vale says ERG Brazil mine investment still not adding up
4th August 2025 By: Bloomberg

Top iron-ore producer Vale continues to weigh an investment in Eurasian Resources Group’s Brazilian mine project, but says it has not yet found a cost-effective way to develop it. “The volume of... 


Peruvian informal miners suspend talks with government due to disagreements in negotiations
4th August 2025 By: Reuters

Informal miners in Peru suspended talks with the government and may resume protests due to disagreements in negotiations, one of the protest leaders said on Friday. CONFEMIN union leader, Maximo... 


Codelco ends El Teniente rescue effort after five miners found dead
Codelco ends El Teniente rescue effort after five miners found dead
4th August 2025 By: Reuters

 All five workers at Chile's El Teniente copper mine who were trapped in a collapse last week have been found dead, miner Codelco said on Sunday, as it vowed to investigate the cause and improve... 


Codelco says it has yet to reach missing workers at El Teniente mine
Codelco says it has yet to reach missing workers at El Teniente mine
1st August 2025 By: Reuters

Chilean copper producer Codelco has still not had contact with five missing workers at El Teniente's Andesita unit following a seismic incident that killed one person, El Teniente's general manager... 


Kibali gold mine in Democratic Republic of Congo.
Soaring free cash flow uplifts AngloGold dividend payout as debt plummets 92%
1st August 2025 By: Martin Creamer

The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights... 


Codelco says worker dead, several injured after 'seismic event' at El Teniente mine
1st August 2025 By: Mariaan Webb

Chilean copper miner Codelco said on Thursday that one worker died at the Andesita project of its El Teniente mine after what it called a “seismic event” around 5:30 p.m. local time. The company... 


Capstone Copper hits revenue record in Q2
1st August 2025 By: Mariaan Webb

TSX- and ASX-listed Capstone Copper reported its highest-ever quarterly revenue and adjusted earnings before interest, tax, depreciation and amortisation (Ebitda), buoyed by strong sulphide copper... 


Moody's lowers SQM rating outlook due to lithium uncertainty
Moody's lowers SQM rating outlook due to lithium uncertainty
1st August 2025 By: Reuters

Moody's Ratings affirmed the credit rating of Chilean lithium miner SQM but lowered its outlook to negative from stable due to uncertainty around lithium revenue, the agency said on Thursday.... 


Anglo American CEO Duncan Wanblad.
De Beers is well positioned to thrive as market recovers, Anglo believes
31st July 2025 By: Martin Creamer

The commitment of Anglo American to exit De Beers is unwavering, despite the belief of this secondary-listed Johannesburg Stock Exchange company that its iconic diamond mining and marketing... 


WGC senior markets analyst Louise Street
Strong investor interest drives gold demand higher
31st July 2025 By: Sabrina Jardim

Amid a high price environment, the World Gold Council (WGC) has reported that total gold demand, including over-the-counter investment, increased by 3% year-on-year to 1 249 t for the second... 


Anglo's Quellaveco copper mine in Peru.
Anglo's simplified go-forward business advances with 43% earnings margin outlook
31st July 2025 By: Martin Creamer

In the 2025 transition year, Johannesburg Stock Exchange-listed Anglo American has maintained an earnings before interest, taxes, depreciation and amortisation (Ebitda) margin for its go-forward... 


The Silver Bell mine in Arizona
Grupo Mexico evaluating US investments after scaled-back copper tariff
31st July 2025 By: Reuters

Grupo Mexico, a major copper producer, is looking to decide on investments for projects in the United States within the next three to five years, an executive said on a call on Wednesday, as... 


Valterra Platinum CEO Craig Miller.
Valterra Platinum upping flood defence, envisaging underground trucking, hailing IRMA
30th July 2025 By: Martin Creamer

Platinum group metals (PGM) mining company Valterra Platinum, which experienced severe flooding in the first half of this year at its Amandelbult mine owing to extremely abnormal rainfall, is... 


Rio Tinto CEO sees huge demand growth for lithium
Rio Tinto CEO sees huge demand growth for lithium
30th July 2025 By: Reuters

Rio Tinto CEO Jakob Stausholm said on Wednesday the company sees huge demand growth for lithium, particularly in stationary batteries, after the company reported half-yearly results. "All the... 


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