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South America

Peru votes to extend informal mining permits for six more months
Peru votes to extend informal mining permits for six more months
2nd December 2024 By: Reuters

Peru’s Congress voted late on Friday to extend for six months a controversial permit that allows informal mines to operate in the country. The permit, known as Reinfo, is opposed by most of the... 


The El Teniente copper mine
Top copper miner Chile gets back to pre-pandemic output levels
2nd December 2024 By: Bloomberg

Chile registered its biggest month of copper production this year, and the best October since before the pandemic, as the biggest supplier of the wiring metal recovers from project setbacks. Mines... 


Tharisa mine.
Downstream beneficiation investment starting to show commercial results – Tharisa
29th November 2024 By: Martin Creamer

Investment in downstream beneficiation is starting to pay dividends and to show real commercial results, says Tharisa CEO Phoevos Pouroulis. “We sold our first commercial chrome alloy to an... 


CleanTech Lithium taps Tony Esplin as CEO ahead of 2025 ASX listing
CleanTech Lithium taps Tony Esplin as CEO ahead of 2025 ASX listing
29th November 2024 By: Mariaan Webb

Explorer and developer CleanTech Lithium has announced the appointment of Australian national Tony Esplin as CEO designate. His appointment comes as the company sets its sights on an ASX listing in... 


Codelco reaches contract agreement with project unit employees
29th November 2024 By: Reuters

Chile's State-owned miner Codelco, the world's largest copper producer, said on Thursday it had reached a new collective bargaining agreement with the union in charge of developing some of its most... 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Bolivia says China's CBC to invest $1bn in lithium plants
27th November 2024 By: Reuters

Bolivia's government and Chinese consortium CBC, which includes battery manufacturer CATL, have signed an agreement for CBC to build two direct lithium extraction plants for at least $1-billion,... 


Ecuador mineral exports could fall by some 20% this year, recover next year-official
27th November 2024 By: Reuters

Ecuador's mineral exports could fall by some 20% year-on-year, mining vice-minister Rebeca Illescas told an industry conference on Tuesday, as power cuts and delays in giving export licenses hit... 


Falling gold prices revive physical demand in key markets
Falling gold prices revive physical demand in key markets
27th November 2024 By: Reuters

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said. Spot gold prices... 


Peru Congress fires Mining Minister over Bill to curb informal mines
27th November 2024 By: Bloomberg

Peru’s Congress on Tuesday fired the Energy and Mines Minister over a bill the government had introduced to increase oversight on informal miners that had prompted nationwide protests. A majority... 


ICMM president CEO Rohitesh Dhawan
ICMM launches new tools on human rights guidance
26th November 2024 By: Marleny Arnoldi

As the UN hosts the Forum on Business and Human Rights from November 25 to 27, mining and metals advocacy group the ICMM has announced strengthened commitments to recognise the important role of... 


World Platinum Investment Council Director of Research Edward Sterck.
Long-term demand outlook for platinum is robust, ongoing question mark over supply
26th November 2024 By: Martin Creamer

The long-term outlook for platinum from a demand perspective is pretty robust. The question, once again, is whether supply will be adequate to meet it. “In terms of automotive demand, we can't... 


Peru's small miners block highways, camp outside Congress demanding registry extension
26th November 2024 By: Reuters

housands of small-scale miners in Peru blocked roads and camped outside Congress on Monday to demand extension of a programme that allows them to operate temporarily, but which authorities say has... 


Iron-ore being loaded onto a ship
Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
26th November 2024 By: Reuters

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he... 


Rio Tinto-backed lithium tech startup set to raise second round of funds
25th November 2024 By: Reuters

A lithium technology startup backed by Rio Tinto expects to finalise a funding round in the next week to raise A$29-million even as the global lithium market struggles, its Melbourne-based CEO told... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


BHP bets billions on Chile mines to face global copper crunch
BHP bets billions on Chile mines to face global copper crunch
25th November 2024 By: Reuters

BHP Group expects a global copper deficit of 10-million metric tons a decade from now, a shortfall that is driving its plans to spend at least $11-billion at the world's biggest copper mine,... 


AngloGold’s buyout of Centamin effective
22nd November 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti’s acquisition of Egypt-focused gold miner Centamin has become effective. Centamin’s share will delist from the TSX and LSE on November 25.  


Underground mine
Challenges in critical minerals supply threaten global energy transitions
22nd November 2024 By: Marleny Arnoldi

An unprecedented surge in demand for critical minerals on the back of global transitions to clean energy is posing significant challenges in meeting these goals, as the critical minerals sector... 


Mexico's proposed higher mining royalties could block $7bn in investments, chamber says
22nd November 2024 By: Reuters

A proposed increase in mining royalties in Mexico could block more than $6.9-billion in investments over the next two years, the industry's local chamber said on Thursday. As part of its budget... 


Solaris is developing the Warwintza copper project in Ecuador
Solaris appoints new CEO as it prepares to exit Canada
22nd November 2024 By: Creamer Media Reporter

TSX- and NYSE-listed Solaris Resources has announced it will complete its exit from Canada by the end of 2024, with its headquarters relocating to Zug, Switzerland, effective January 1, 2025. The... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


UBS joins Goldman in forecasting that gold’s rally isn’t over
UBS joins Goldman in forecasting that gold’s rally isn’t over
20th November 2024 By: Bloomberg

Gold will rally to $2 900/oz by the end of next year, according to UBS Group, echoing a call from Goldman Sachs Group for further gains as central banks expand their holdings. There’s likely to be... 


Chile lithium miner SQM reports net profit down 73% in Q3
Chile lithium miner SQM reports net profit down 73% in Q3
20th November 2024 By: Reuters

Chile's SQM, the world's second-largest lithium producer, reported a 73% drop in third-quarter net profit on Wednesday, as higher sales volumes failed to offset a sharp decline in average sales... 


Chile's rare salt flat fish faces threat from lithium mining project
20th November 2024 By: Reuters

At more than 3 700 m above sea level, the "karachi" swims happily in dense salt flat waters, but locals worry a future lithium project will endanger this extreme-environment fish. The Orestias... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Haib copper project area in Namibia
Emerging copper miner Koryx appoints new president, COO
19th November 2024 By: Marleny Arnoldi

TSX-V-listed Koryx Copper has appointed Heye Daun president and CEO effective immediately. Daun will also retain his position as chairperson.  


Heraeus Business Line Hydrogen Systems head Dr Philipp Walter
Far-reaching platinum hydrogen package launched at European Hydrogen Week
18th November 2024 By: Martin Creamer

A new brand that offers a comprehensive portfolio of hydrogen application support off a single platinum group metals (PGMs) company base has been launched at the European Hydrogen Week 2024 by... 


artisinal gold nuggets held by artisinal miner
Russian war machine funded by illicit gold trading, WGC report states
18th November 2024 By: Darren Parker

Russian State-funded private military company (PMC) Wagner Group is one of the greatest beneficiaries of illicit gold trading, a new report published by the World Gold Council (WGC) shows.... 


Mike Henry
Soaring demand for copper will help drive mergers, BHP CEO says
18th November 2024 By: Bloomberg

Soaring demand for copper will require $250billion of investment over the next decade, helping to drive further mergers in the industry, BHP Group CEO Mike Henry said. “New deposits in certain key... 


Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
18th November 2024 By: Bloomberg

Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said... 


Rainbow Rare Earths CEO George Bennett.
South Africa’s rare earths project in Limpopo seen as one of world’s most resilient
15th November 2024 By: Martin Creamer

The rare earths recovery project underway in South Africa’s Limpopo province is regarded as one of the world’s most resilient rare earths projects at a time when these elements are in growing... 


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