Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000…
Intelligence
Escondida holds top spot on list of the world’s biggest copper mines
Copper is a metal essential to construction, manufacturing industrial machinery and to the green energy transition — and demand is increasing worldwide. The copper price broke an all-time record intraday…
Rosatom, Nornickel to develop lithium project in Russia
Russia’s state-owned nuclear power supplier Rosatom and Nornickel, the world’s largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country’s northwest,…
Chile heads towards two ‘lost decades’ of copper output growth
Chile’s crown as the world’s largest producer of copper is at risk as the country’s output continues to be lower than expected despite the billions of dollars invested in new…
Blockade halts Southern Copper’s Cuajone mine in Peru
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
Chilean miners ask leftist president-elect to foster country’s industry
A leftist millennial who rose to prominence during anti-government protests in 2019 was elected as Chile’s next president on December 19, following a bruising campaign against a free-market and anti-immigrants…
BMO’s Colin Hamilton looks at the year ahead
As a commodities analyst for BMO Capital Markets, Colin Hamilton covers base metals, bulk commodities, precious metals and battery raw materials. He also focuses on China and global trade flows….
Tantalum supply and demand after the pandemic
While the world slowly returns to some form of post-Covid normality, the tantalum industry is transitioning to an entirely new normality, one where reliability, stability and transparency are replacing the…
Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.
BHP inks exploration deal with Gates and Bezos-backed Kobold Metals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill…
AngloGold eyes Argentina projects in partnership with Latin Metals
Latin Metals (TSXV: LMS; US-OTC: LMSQF) may have scored big after inking a potential partnership deal with one of the world’s biggest gold miners – AngloGold Ashanti (NYSE: AU) – for its…
UPDATE: Centerra says 40 metres of water at Kumtor pit threatens workers, environment
Centerra Gold (TSX: CG) says there is at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and “abnormally” large amounts running down the pit walls, which could lead to catastrophic…