MMG to halt Las Bambas copper mine by Feb 20 amid fresh blockade
MMG (HKG: 1208) said today that it will have to halt production at its Las Bambas copper mine in Peru by February 20, following a new blockade of the road…
South America
Peru copper output up almost 7% despite social unrest
Copper output in Peru, the world’s second-largest producer after Chile, increased almost 7% to 2.3 million tonnes in 2021 despite several protests that paralyzed some of the country’s key operations. …
Colombia to open gold, coal assets up for bids
Colombia will begin taking offers in its first bidding round for gold and copper exploration contracts before the end of March, the government said this week, as part of ongoing…
SQM files project to cut water, brine extraction in Chile
Chile’s SQM (NYSE: SQM) has submitted to the country’s environmental evaluation service (SMA) a US$778,000 project to cut its use of freshwater and brine from the Atacama Desert to mitigate…
Iamgold responds to US firm pushing for board reshuffle
Iamgold (TSX: IMG; NYSE: IAG) is firing back at a U.S. investment fund pushing for a reshuffle of the miner’s board of directors over what it calls “massive value destruction…
Teck Resources’ QB2 to cost up to US$500M more than planned
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, tumbled on Friday after it warned that Covid-19-related costs of its massive Quebrada Blanca Phase 2 (QB2) expansion…
Anglo American ups copper guidance on Quellaveco start
Anglo American (LSE: AAL) says it expects to churn out between 680,000 and 760,000 tonnes of copper in 2022, as its giant Quellaveco mine in Peru is slated to begin…
Three Valley Copper suspends mining operations in Chile
Three Valley Copper (TSXV: TVC; US-OTC: TVCCF) has temporarily suspended operations at its Minera Tres Valles (MTV) complex near the city of Salamanca in Chile due to the consistent underperformance of its Don Gabriel open pit mine,…
Teck to trial Jetti Resources copper catalyst
Canada’s largest diversified miner Teck Resources (TSX: TECK.B; Nasdaq: TECK) has started trialling Jetti Resources’ proprietary chemical catalyst at its copper assets. The technology is said to have the potential…
JV Article: Solaris Resources makes new discovery at Warintza in Ecuador
Canadian explorer Solaris Resources (TSX: SLS; US-OTC: SLSSF) has made a significant new discovery at its 100%-owned flagship Warintza copper-gold project in southeastern Ecuador, about 100 km south of the city of…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
Chinese takeover of Neo Lithium “irrelevant to national security interests” says Liberal MP
The proposed takeover of Canadian-based Neo Lithium (TSXV: NLC; US-OTC: NTTHF) by China’s Zijin Mining is not a concern, Liberal MP Andy Fillmore said. Speaking to a House of Commons committee on January 20, Fillmore…