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South America

President Jose Raul Mulino
Panama President exploring ‘novel ideas’ on First Quantum mine
28th February 2025 By: Bloomberg

Panama President Jose Raul Mulino said his government is exploring “novel ideas” on handling First Quantum Minerals’s giant copper mine in the country and reiterated that the firm must drop its... 


Implats executive team from left Moses Motlhageng, Meroonisha Kerber, Patrick Morutlwa, Nico Muller and Johan Theron.
Firm intent of Impala Platinum is to prosper on current prices, CEO Muller spells out
27th February 2025 By: Martin Creamer

The firm intention of South Africa’s Impala Platinum (Implats) is to prosper on current platinum group metals (PGM) prices. This was made clear by Implats CEO Nico Muller during the presentation of... 


President Jose Raul Mulino
Panama delays Cobre Panama copper mine decision pending social security reform
27th February 2025 By: Reuters

Panama President Jose Mulino will only take a decision regarding the future of the Cobre Panama mine after he resolves the issue of the country's social security policy, a supplier of the Cobre... 


diamond nestled in kimberlite
WFDB warns of new US customs requirements for diamond traders
26th February 2025 By: Marleny Arnoldi

World Federation of Diamond Bourses president Yoram Dvash has advised that, as of April, US customs will require the reporting of diamonds’ country of mining origin and country of origin details.... 


The El Teniente mine
Chile power partially restored after huge outage as copper mines come back online
26th February 2025 By: Reuters

Chile's power grids and major copper mines were coming back online on Wednesday after a major outage rocked the world's top producer of the red metal, with power companies working to restore the... 


PALFINGER’s innovation, growth to be on display at Bauma 2025
26th February 2025 By: Shannon de Ryhove

Global leader in lifting solutions PALFINGER continues to expand its presence worldwide, with a strong focus on digitalisation, service excellence and market-specific product development. As a... 


An image showing an AECI truck
AECI CEO pleased with the success of the group's new strategy
26th February 2025 By: Tasneem Bulbulia

JSE-listed AECI’s earnings and profit for the year ended December 31, 2024, decreased year-on-year as the group executed its new strategy and made several concessions to enable this. The reported... 


BHP kicks off $10.8bn plan to prevent Chile copper slump
BHP kicks off $10.8bn plan to prevent Chile copper slump
26th February 2025 By: Bloomberg

BHP Group will kick off a massive $10.8-billion investment program in Chile with the overhaul of an ageing copper plant as the world’s most valuable mining company battles declining ore quality.... 


First Quantum steps up campaign to reopen Panama copper mine
First Quantum steps up campaign to reopen Panama copper mine
26th February 2025 By: Bloomberg

First Quantum Minerals and its workers and suppliers in Panama are stepping up efforts to gain support for the reopening of a $10-billion copper mine more than a year after it was shut. The... 


Platinum group metals and green hydrogen go together.
Anglo American Platinum providing further backing for green hydrogen’s global advance
25th February 2025 By: Martin Creamer

JSE-listed Anglo American Platinum and South Africa-linked AP Ventures are supporting the next vital steps towards the realisation of industrial-scale green hydrogen value chains. Both companies... 


Codelco is winning over investors on signs of copper turnaround
Codelco is winning over investors on signs of copper turnaround
25th February 2025 By: Bloomberg

Top copper supplier Codelco is starting to win over investors on signs that a long-awaited production recovery will help keep the Chilean state firm’s debt levels in check. In the past month,... 


Gold Reserve wins $1.1bn arbitration award in Portugal against Venezuela
25th February 2025 By: Reuters

Gold Reserve said on Monday the Lisbon Court of Appeal confirmed the Canadian miner's arbitration award against Venezuela, giving it green light to enforce about $1.1-billion in Portugal. The... 


DRDGOLD CEO Niël Pretorius.
‘Exciting’ DRDGOLD projects ‘advancing well’ as 2028 Vision gets big gold price boost
24th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD’s projects under way are “advancing very well” as the gold-from-tailings company’s 2028 Vision gets a massive boost from the sky-high gold price. Mining... 


Newmont again postpones investment decision for Yanacocha Sulphides project
24th February 2025 By: Reuters

Precious metals miner Newmont said on Friday that it will again postpone a final investment decision for its Yanacocha Sulphides project in Peru. In a statement, the company said the postponement... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


Teck CEO Jonathan Price
Teck CEO downplays potential impact of proposed US tariffs
21st February 2025 By: Mariaan Webb

Canadian copper and zinc miner Teck Resources CEO Jonathan Price has moved to assure investors that the company remains well positioned, despite potential trade tariffs that may be imposed by the... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
20th February 2025 By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


The Los Bronces mine
Anglo American, Codelco seek to unlock further value from Los Bronces, Andina mines
20th February 2025 By: Tasneem Bulbulia

JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to... 


Voisey's Bay in Canada
Vale posts $694m loss, dragged down by Canadian assets
20th February 2025 By: Reuters

Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its... 


Codelco, Anglo American set to jointly operate neighboring Chile mines, newspaper reports
Codelco, Anglo American set to jointly operate neighboring Chile mines, newspaper reports
20th February 2025 By: Reuters

Chilean state-run copper giant Codelco and London-listed miner Anglo American are set to announce a deal to jointly operate neighboring copper mines in central Chile, according to a report by... 


AngloGold CEO Alberto Calderon
Higher gold price boosts AngloGold’s headline earnings, free cash flow
19th February 2025 By: Sabrina Jardim

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Copper falls as Citi predicts prices will retreat on US tariffs
Copper falls as Citi predicts prices will retreat on US tariffs
19th February 2025 By: Bloomberg

Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


Goldman raises gold target to $3 100 on central-bank appetite
Goldman raises gold target to $3 100 on central-bank appetite
18th February 2025 By: Bloomberg

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the... 


Chilean miner Antofagasta's annual core profit rises 11%
18th February 2025 By: Reuters

Chilean copper miner Antofagasta posted an 11% jump in annual core profit on Tuesday, helped by higher metal prices. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the... 


Barro Alto nickel in Brazil
MMG to acquire Anglo American's nickel business for $500m
18th February 2025 By: Mariaan Webb

Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes... 


BHP CEO Mike Henry
BHP CEO strikes upbeat tone despite profit decline
18th February 2025 By: Mariaan Webb

Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted... 


CEO Craig Miller
Craig Miller excited at prospect of demerged AngloPlat being resurgent PGM producer
17th February 2025 By: Martin Creamer

Soon-to-be renamed Anglo American Platinum is being positioned to be as competitive as possible for the long term and to deliver on its full potential for all of stakeholders, CEO Craig Miller made... 


Anglo American CE Duncan Wanblad
Anglo American sets out June demerger timeline for Anglo American Platinum
17th February 2025 By: Martin Creamer

Diversified mining major Anglo American plc reported on Monday that it had made significant progress towards its demerger of Anglo American Platinum, which has announced dividends totalling... 


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