Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
South America
Peru central bank warns against anti-mining protests
A rising wave of anti-mining protest in Peru, which has paralyzed several operations in the world’s second largest copper producing country in the last few months, is already affecting investors’…
Protests force Peru’s largest copper mine to halt operations
Operations at Peru’s Antamina copper and zinc mine, jointly owned by Glencore (LSE: GLEN), BHP (NYSE: BHP; LES: BHP; ASX: BHP), Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) and Mitsubishi, were…
Chile copper output sinks to seven-month low
Copper production in Chile, the world’s top copper producer, registered in September its worst month for copper since February on the back of labour disruptions and falling ore grades at the…
Anglo American to halve indirect emissions by 2040
Anglo American (LSE: AAL) aims to halve its indirect greenhouse gases, known as Scope 3 emissions, by 2040 while it continues to boost the use of renewable energy across its…
Teck flags costs surge at Chile Quebrada Blanca expansion
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) Canada’s largest diversified miner, said this week that while construction of its massive Quebrada Blanca Phase 2 (QB2) expansion project in Chile is two-thirds…
Adventus and Salazar release feasibility study for the Curipamba copper-gold project in Ecuador
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its partner Salazar Resources (TSX: SRL; US-OTC: SRLZF) have released a feasibility study with updated mineral resources and a first estimate of mineral…
Sibanye-Stillwater buys nickel-copper mines in Brazil for US$1 billion
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is buying two nickel and copper miners in Brazil from private equity firm Appian Capital in a US$1 billion deal that boosts the company’s growing battery materials…
Colombian regulator shelves AngloGold’s permit request for Quebradona
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) said today that Colombia’s environmental regulator or ANLA, its initials in Spanish, had shelved the permit application for its Quebradona copper-gold project. …
Lawmakers file impeachment proceedings against Chilean president
Earlier this month, lawmakers in Chile filed impeachment proceedings against President Sebastián Piñera after allegations surfaced in the Pandora Papers about a deal involving the Dominga iron ore project. The…
President Pedro Castillo supports Bear Creek Mining’s Corani project in Peru
Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru’s new president, Pedro Castillo, and representatives of local communities, support the Corani silver-lead-zinc project. During a…
Hochschild to spin off Chilean rare earths company
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) is spinning off its Chilean rare earth subsidiary Aclara Resources and plans to list it on the Toronto Stock Exchange. It will retain a 20% ownership…