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…
Articles by Cecilia Jamasmie
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…
Glencore, Britishvolt to jointly build battery recycling plant
Miner and commodities trader Glencore (LSE: GLEN) has tied up with electric vehicle (EV) battery start-up Britishvolt to build a new plant to recycle lithium-ion batteries in the United Kingdom….
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…
Rock Tech, Bilfinger to build Europe’s first lithium refinery
Canada’s Rock Tech Lithium (TSXV: RCK) and Germany’s Bilfinger SE will work together on building Europe’s first lithium converter and refinery, in a push to meet the region’s increasing demand…
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…
Rio Tinto report reveals culture of sexual harassment, bullying and racism
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled the results of an unfavourable external report outlining a culture of “systematic” bullying, sexual harassment and racism at the world’s second largest…
Amplats sells stake in two mines to rival Sibanye-Stillwater
Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival…
Perseus Mining secures key stakes in two African gold assets
Perseus Mining (TSX: PRU; ASX: PRU) has struck a deal to acquire a 15% stake in Canadian junior Orca Gold (TSX: ORG) from Resolute Mining (ASX: RSG), which will give…
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…
De Beers boosts production to meet recovering demand
De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet…