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South America

New Rio Tinto CEO Simon Trott
Simon Trott overhauls Rio Tinto exec team, operating model
27th August 2025 By: Mariaan Webb

Mining major Rio Tinto Group on Wednesday announced a reorganisation of its operating model and executive leadership team, streamlining its structure into three core product groups – Iron Ore,... 


Flagship acquires Anglo American's Pantanillo exploration data
27th August 2025 By: Creamer Media Reporter

ASX-listed Flagship Minerals has struck a binding agreement with Anglo American Norte to acquire a large historical exploration dataset for its Pantanillo gold project in Chile. The move, Flagship... 


Master Drilling CEO Danie Pretorius.
Master Drilling’s novel developments are set to move needle for South African mining
26th August 2025 By: Martin Creamer

Three major developments, which are poised to move the needle for South African mining, were outlined to Mining Weekly by the Johannesburg Stock Exchange-listed drilling and mechanised rock... 


Austral Gold reports contractor fatality at Chile mine
26th August 2025 By: Creamer Media Reporter

Austral Gold said on Tuesday that a contractor worker died following an incident at its Guanaco gold/silver mine in Chile. The company said emergency protocols were activated immediately and... 


Pan American wins Mexican antitrust nod for MAG Silver deal
Pan American wins Mexican antitrust nod for MAG Silver deal
25th August 2025 By: Mariaan Webb

Pan American Silver said on Monday that Mexico’s competition regulator had cleared its $2.1-billion acquisition of MAG Silver, paving the way for the deal to close next month. “All required... 


Hombre Muerto West in Argentina
Galan Lithium says A$20m placement to proceed
25th August 2025 By: Creamer Media Reporter

ASX-listed Galan Lithium announced on Monday that a A$20-million placement with Clean Elements Fund would proceed after the investor completed due diligence on the company’s Hombre Muerto West... 


Transnet Group CEO Michelle Phillips and Exxaro CEO Ben Magara.
Another public-private rail transport service agreement signed
25th August 2025 By: Martin Creamer

Another agreement involving collaboration between the public sector and the private sector in the field of rail transport service has been signed, this time between the Johannesburg Stock... 


DRDGOLD CEO Niël Pretorius.
Self-generation of solar served as key catalyst in DRDGOLD’s strong new growth thrust
22nd August 2025 By: Martin Creamer

There’s a wonderful gold-price tailwind behind all gold companies at the moment but it’s the self-generation of solar electricity that served as the key catalyst of change for Ergo. Following the... 


Aldebaran plans $1.5bn capex for Argentina copper project
Aldebaran plans $1.5bn capex for Argentina copper project
22nd August 2025 By: Reuters

Canada's Aldebaran Resources will require at least $1.5-billion to develop its Altar copper project in northern Argentina, country manager Javier Robeto said in an interview. The company plans to... 


Gold Fields CEO Mike Fraser
Gold Fields lifts interim dividend as profit surges on higher gold price, strong production
22nd August 2025 By: Sabrina Jardim

Globally diversified gold miner Gold Fields has declared a dividend of R7 a share for the six months ended June 30, compared with the dividend of R3 a share declared for the first half of the 2024... 


Marimaca moves to reduce input costs
22nd August 2025 By: Mariaan Webb

Toronto- and Sydney-listed Marimaca Copper as signed a binding option to acquire a sulphuric acid plant in Chile in a move that should reduce one of the biggest input costs for its planned oxide... 


Glencore targets 1Mt of copper in Argentina over coming decade
Glencore targets 1Mt of copper in Argentina over coming decade
22nd August 2025 By: Reuters

Miner and trader Glencore will aim to produce nearly one-million tons of copper annually at its planned El Pachon and Agua Rica projects in Argentina over the next 10 to 15 years, the company's CEO... 


Exxaro CEO Ben Magara.
Exxaro spending R5.2bn on coal mine expansion, R4.7bn on wind farm project
21st August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed Exxaro Resources will be spending R5.2-billion on a life-of-mine expansion project at its Matla colliery and R4.7-billion on the development of the 140 MW... 


Excellon secures $7.5m Glencore financing to restart Peru silver mine
21st August 2025 By: Creamer Media Reporter

TSX-V-listed Excellon has announced a financing and offtake agreement with Glencore to support the restart of its past-producing Mallay silver mine in Peru. The deal provides for up to $7.5-million... 


Perseus' Yaouré mine, in Côte d'Ivoire
Perseus reaches accord with Tanzania govt on how to operate the Nyanzaga mine
21st August 2025 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the... 


SQM expects lithium price boost in third quarter
SQM expects lithium price boost in third quarter
21st August 2025 By: Reuters

Chilean lithium producer SQM expects prices and sales volumes to rise in the third quarter, executives said on Wednesday, after the miner missed estimates for second-quarter net profit. The... 


The July 31 accident killed six people near a new section of El Teniente's vast network of underground tunnels.
Codelco to lower 2025 copper target after El Teniente accident
21st August 2025 By: Reuters

Chilean copper miner Codelco will lower its 2025 production guidance after an accident at its flagship El Teniente mine knocked 33 000 metric tons off the facility's output, executives said on... 


DRDGOLD COO Jaco Schoeman.
DRDGOLD investing R7.8bn in Big Five growth projects as part of Vision 2028
20th August 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Wednesday outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on... 


Mogalakwena mine
Lycopodium posts healthy full-year net profit from strong portfolio of projects
20th August 2025 By: Marleny Arnoldi

ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year... 


DRDGOLD's Ergo plant.
DRDGOLD doubles final dividend on high revenue and operating profit
20th August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an... 


Viridis unveils 200Mt ore reserve at Colossus rare earths project in Brazil
20th August 2025 By: Creamer Media Reporter

ASX-listed Viridis Mining and Minerals has defined a 200.6-million-ton maiden ore reserve at its Colossus project in Brazil, a figure the company says underpins a potential 40-year mine life and... 


Aus firm raises A$25m for Argentina silver projects
20th August 2025 By: Mariaan Webb

ASX-listed Unico Silver has raised A$25-million through a placement to institutional and sophisticated investors, positioning the company to accelerate exploration and development at its silver... 


Atico profit climbs on higher sales despite lower copper output
Atico profit climbs on higher sales despite lower copper output
20th August 2025 By: Creamer Media Reporter

Base metals miner Atico Mining on Tuesday reported stronger second-quarter earnings as higher gold prices and increased concentrate sales helped offset a steep drop in copper output at its flagship... 


BHP sells copper assets in Brazil to CoreX for up to $465m
20th August 2025 By: Reuters

Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465-million, it reported alongside its earnings on Tuesday. BHP has entered into a binding agreement with... 


Lifezone founder and chairperson Keith Liddell.
Defence industry expected to spur demand for nickel as world invests in armaments
19th August 2025 By: Martin Creamer

The global defence industry is expected to stimulate considerable demand for nickel as the world invests in more armaments that require nickel-containing steels. “I think there's going to be a big... 


Argentina's Gualcamayo gold mine eyes $665m investment under incentive programme
19th August 2025 By: Reuters

Argentina's Gualcamayo gold mine is aiming to build a new $665-million project it hopes will qualify for a new government incentive program, executives said in a recent press tour of the site.... 


silver grain
Heraeus says gold prices holding steady, silver enjoys ETF activity
19th August 2025 By: Marleny Arnoldi

Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices... 


Glencore CEO Gary Nagle says the RIGI framework is a key catalyst to attract major foreign investment to Argentina.
Glencore weighs $13.5bn copper spend in Argentina as RIGI transforms investment climate
19th August 2025 By: Mariaan Webb

Commodities major Glencore has applied to bring two of its flagship Argentine copper projects under President Javier Milei’s new Incentive Regime for Large Investments (RIGI), seeking to unlock... 


Gold bars
UBS raises gold target price for end-March 2026 by $100 to $3 600/oz
19th August 2025 By: Reuters

UBS on Monday raised its gold target price for end-March 2026 by $100 to $3 600 per ounce as persistent US macroeconomic risks, de-dollarization trends, and strong investment demand — especially... 


CrossBoundary 16 MW solar farm for QIT Madagascar Minerals mine.
Mining energy supplier secures $40m from Denmark to fund greener Africa
18th August 2025 By: Martin Creamer

Mining energy supplier CrossBoundary has secured a $40-million investment from Impact Fund Denmark to expand its portfolio of clean energy projects across Africa. The investment supports... 


Tungsten
Almonty on track to start initial production at flagship South Korean tungsten mine
15th August 2025 By: Marleny Arnoldi

Tungsten miner Almonty Industies CEO and president Lewis Black says the company has made solid strides across several strategic initiatives to lay the groundwork for the company’s next phase of... 


The Lion Ferrochrome Smelter.
Ferrochrome: In my view, we’re fairly close to possible solution – Glencore Alloys CEO
15th August 2025 By: Martin Creamer

“We are, in my view, fairly close to a possible solution,” Glencore Alloys CEO Japie Fullard said during Merafe Resources question time earlier this week amid South Africa going all out to prevent... 


Lithium salt flats in South America
Bolivia election: What you need to know
15th August 2025 By: Reuters

Almost eight-million Bolivians are set to vote on August 17 for a new president, vice president and all legislative seats - 26 senators and 130 deputies. Ex-President Evo Morales, Bolivia's... 


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