Lithium giant SQM boosts net income 937% in Q3
Chilean mining company Sociedad Quimica y Minera de Chile (SQM), a major lithium producer, has reported net income of US$1,099.9
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South America
Cementos Concepción commissions its new US$300m plant
PARAGUAY – Cementos Concepción (CECON), a company belonging to the Cartes Group, has begun commissioning its US$300m cement plant in
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Anglo American to begin copper shipments from Quellaveco
Anglo American announces the start of commercial copper operations at its Quellaveco project in Peru, following the successful testing of
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Veladero Gold explores and strengthens its partnership with the community
SAN JUAN, Argentina – The Veladero gold mine has reached its 17th anniversary since first gold in October 2005 and
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Glencore to acquire Newmont’s shareholding in the MARA Project
Glencore International AG (GIAG) and Newmont Corporation have announced they have reached an agreement in which Glencore will acquire Newmont’s
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Auxico Resources signs offtake agreement for its tin production in Brazil
Massangana is a historical tin mine in the Ariquemes region of Brazil. The site has been operated by the CEMAL (Cooperativa Estanifera de Mineradores
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Antofagasta H1 profit drops due to lower Cu production and higher costs
Chile-based miner Antofagasta, one of the world’s major copper producers, has announced its copper production in H1 2022 was 268,600
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Anglo American announces first copper production from Quellaveco Project
Anglo American announces first production of copper concentrate from its Quellaveco project in Peru – a major milestone as Quellaveco
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Gold Fields provides update on proposed Yamana Gold acquisition
Further to the announcement published on Tuesday, 31 May 2022, Gold Fields has provided a market update regarding the proposed
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Silver X boosts resources at its Recuperada silver project in Peru
Silver X Mining has announced it updated resource estimate for its 100% owned Nueva Recuperada silver-polymetallic project in Huancavalica, Peru.
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Anglo American comments on its Los Bronces copper project
Anglo American is currently engaged in an environmental assessment process for its Los Bronces Integrated Project (LBIP) in Chile, a
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Newmont to acquire remaining stake in Yanacocha gold mine
Newmont announced Tuesday that it will acquire the remaining 5% interest in Yanacocha from Sumitomo for $48 million. Newmont said
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Vazante zinc mine operations in Brazil resumed at full capacity
Nexa Resources has announced that its Vazante zinc mine in Brazil has resumed operations at full capacity following the underground
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Rio Tinto completes acquisition of Rincon lithium project
MELBOURNE, Australia – Rio Tinto has completed the acquisition of the Rincon lithium projectin Argentina for $825 million, following approval
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Horizonte Minerals awards Araguaia ferronickel project contract
Horizonte Minerals announced yesterday that it awarded its engineering and construction contract for its Araguaia ferronickel project to Pöyry Tecnologia
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Andean PM: Stockpiled 11,930 tonnes of tin, 16.2M ounces of silver
Andean Precious Metals, a major silver producer, has announced an updated Mineral Resource Estimate (MRE) for its San Bartolomé mine
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South32 acquires 45% Interest in Sierra Gorda Copper Mine
South32 has announced that it completed the acquisition of a 45% interest in the Sierra Gorda copper mine from Sumitomo
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Impact of court’s decision on Samarco dam failure
Samarco’s Judicial Reorganisation process is continuing in the Commercial Courts of Belo Horizonte, State of Minas Gerais. The Judicial Reorganisation
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Sibanye-Stillwater terminates acquisition of nickel and copper mines
Johannesburg – On 26 October 2021 Sibanye-Stillwater announced that it had entered into purchase and sale agreements with affiliates of
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Amerigo exceeds its annual copper production guidance in Chile
Amerigo Resources has announced that the company produced 63.4 million pounds of copper from Minera Valle Central (MVC) in Chile
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Glencore completes acquisition of Cerrejón mine in Colombia
Glencore refers to its announcement of 28 June 2021, in which it announced its intention to acquire Anglo American’s and
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South32: Restart of Brazil Aluminium smelter using renewable power
South32 has announced to participate in a restart of the Alumar aluminium smelter (Brazil Aluminium), together with its joint venture
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Anglo and Vale in talks over new iron ore mine in Brazil – too early to tell
Anglo American is in discussions with Vale to potentially jointly develop Vale’s Serpentina iron ore resource in Brazil. Nothing is
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Tin the target in San Bartolomé expansion
Andean Precious Metals Corporation (APM) has confirmed the launch of an Expansion Study on its San Bartolomé mine, an important
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Lundin Mining to acquire world-class Josemaria copper-gold project
Lundin Mining has announced that it has entered into a definitive agreement with Josemaria Resources to acquire all of its
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Rio Tinto to acquire Rincon Mining lithium project
LONDON – Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon
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Novel bauxite tailings concept a success in full operation
Hydro’s new method for storing bauxite tailings from its mine in Brazil has proven to be a more-sustainable solution. Following
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AngloGold Ashanti Americas production was 140,000oz gold
In the Americas, AngloGold Ashanti production was 140,000oz at a total cash cost of $932/oz for the quarter ended 30
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AngloGold Ashanti provides update on Quebradona Project
JOHANNESBURG – AngloGold Ashanti notes that Colombia’s environmental regulator, Autoridad Nacional de Licencias Ambientales, or ANLA, has published on its
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Glencore to sell its Bolivian zinc assets Santa Cruz Silver Mining
Glencore has announces that it has reached agreement with Santa Cruz Silver Mining, Ltd (“Santa Cruz”) for it to acquire
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