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South America

GoldHaven to acquire BOA Gold Corp
17th December 2024 By: Creamer Media Reporter

Canadian junior exploration Company GoldHaven Resources Corp has entered into an amalgamation agreement with BOA Gold Corp, which will result in GoldHaven acquiring BOA and the four high-potential... 


Rugby Resources halts Colombia drill programme to assess impact of regulatory change
17th December 2024 By: Creamer Media Reporter

TSX-V-listed Rugby Resources has terminated a planned private placement and postponed plans to drill the Cobrasco copper project, in Colombia, in the coming weeks owing to a change to regulations... 


Silver bars
Silver Crown Royalties to acquire 15% royalty on PPX's Igor 4 project
17th December 2024 By: Creamer Media Reporter

Canada-based mining company PPX and royalty company Silver Crown Royalties (SCRi) have entered into a royalty agreement for up to 15% of the cash equivalent of silver produced from PPX’s Igor 4... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


Brazilian miner Vale invests in US startup as part of decarbonisation push
12th December 2024 By: Reuters

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat... 


Safety vests with the Rio Tinto logo
Rio Tinto chief speaks out over allegations, eyes Chile lithium project
12th December 2024 By: Reuters

Rio Tinto CEO Jakob Stausholm was "devastated" over the news of sexual harassment lawsuits against the company, he told Reuters on Thursday, while also expressing optimism for a potential lithium... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


St George Mining signs partnership agreements for magnet production in Brazil
12th December 2024 By: Darren Parker

ASX-listed St George Mining has signed partnership agreements with Brazilian scientific and research organisation Serviço Nacional de Aprendizagem Industrial (Senai) and nonprofit industrial... 


Lithium operation in Argentina
Argentina mining chamber says exports up slightly this year, likely flat in 2025
12th December 2024 By: Reuters

Argentina's mining exports are expected to rise nearly 6% this year, lifted by more lithium sales, as well as higher gold and silver prices, the head of the country's top mining association said on... 


Arbitration between miner Franco-Nevada, Panama moves to next stage
Arbitration between miner Franco-Nevada, Panama moves to next stage
12th December 2024 By: Reuters

Arbitration proceedings between Canadian miner Franco-Nevada and Panama over the Cobre Panama copper mine entered a new phase this week with the formation of a tribunal to hear the case, according... 


Glencore ties up with Cyclic Materials in copper recycling push
11th December 2024 By: Reuters

Canadian rare earth and metals recycler Cyclic Materials Inc will supply at least 10 000 metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to... 


Chile copper producers begin talks on combining smelter efforts
11th December 2024 By: Reuters

Codelco and Enami, Chile’s two state copper companies, are discussing the possibility of combining their respective efforts to expand smelting capacity into a single project, according to people... 


Further measures to lower exposure to diesel particulate matter.
New commitment to reduce exposure to diesel emissions in underground mines
11th December 2024 By: Martin Creamer

A most fundamental human need is to breathe fresh air. Yet, for millions of people working in underground mines across the globe, this is not a given. Now, members of the international ICMM mining... 


Copper output from Chile's Codelco flat in October, BHP's Escondida rises
Copper output from Chile's Codelco flat in October, BHP's Escondida rises
11th December 2024 By: Reuters

Chile's State-run copper miner, Codelco, posted flat production in October compared to the same month last year while the country's largest copper mine, BHP's Escondida, saw output jump more than a... 


Chilean mine proposal could face Supreme Court review, Environment Minister says
11th December 2024 By: Reuters

An iron and copper mining project in northern Chile that has raised environmental concerns could eventually face scrutiny by the Supreme Court, the Environment Minister said on Tuesday, after a... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Chile regulator charges Anglo American mine over environmental violations
10th December 2024 By: Reuters

Chile's environmental regulator has filed three charges against miner Anglo American's local unit over alleged violations at its El Soldado copper mine in the Valparaiso region. The... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


Citi chops back copper forecasts as Trump’s trade tariffs loom
Citi chops back copper forecasts as Trump’s trade tariffs loom
9th December 2024 By: Bloomberg

Copper looks set to struggle as extra US trade tariffs from the Trump administration and economic risks in China drag on consumption and prices next year, according to Citigroup. The metal —... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


Antofagasta, Jiangxi agree major drop in 2025 copper TC/RCs, sources
6th December 2024 By: Reuters

Chilean miner Antofagasta and Jiangxi Copper have agreed significantly lower copper concentrate processing fees for 2025, four sources with knowledge of the matter told Reuters on Thursday. The... 


Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project
6th December 2024 By: Tasneem Bulbulia

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 


The move marks the first major overhaul since Shaun Usmar joined Vale Base Metals as CEO in October.
Vale Base Metals to make dozens of job cuts in management cull
6th December 2024 By: Bloomberg

Vale’s base metals subsidiary will let go of dozens of managers to simplify its corporate structure and improve performance, according to people familiar with the matter. The job cuts are part of... 


Chile doubles number of lithium sites open to investment
Chile doubles number of lithium sites open to investment
6th December 2024 By: Reuters

Chile has designated six more sites where private companies are eligible to extract lithium, adding to six previously announced, the mining ministry said on Thursday. Chile, the world's No. 2... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


Employee working at a nickel smelter
$5.4tr investment in mining needed by 2035 to meet new energy demand – report
4th December 2024 By: Darren Parker

A new report published by the Future Minerals Forum states that an estimated $5.4-trillion in investments is required by 2035 to meet the growing demand for key materials in the mining and metals... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto reinforces strategy for diversified growth, targets 1Mt/y of copper
4th December 2024 By: Mariaan Webb

Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global... 


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