US government to assess Twin Metals mine proposal
Antofagasta’s (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The…
Antofagasta plc
Silver miners hit hard by lockdowns, GlobalData says
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial…
COVID-19 cuts US$280B swathe through top 50 mining companies
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows a beleaguered industry at the end of the first quarter 2020,…
Antofagasta halts Los Pelambres expansion project
Antofagasta (LSE: ANTO) has suspended a US$1.3 billion expansion at its Los Pelambres operation in Chile for an estimated four months as the coronavirus pandemic…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead…
Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper…
North American Palladium acquires 51% of Sunday Lake
On the back of record quarterly revenues from its wholly owned Lac des Îles mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer…
Argentina’s future uncertain ahead of elections
Three years ago, foreign investors in Argentina could hardly believe their luck. Within weeks of taking office in December 2015, President Mauricio Macri rapidly dismantled…
Los Andes Copper envisions big project at Vizcachitas
Los Andes Copper (TSXV: LA) says its Vizcachitas project — a copper-molybdenum porphyry deposit 150 km northeast of Santiago, in central Chile — will be…
BMO raises moly price forecast
BMO Capital Markets analyst Colin Hamilton is raising his molybdenum price forecast to US$10.75 per lb. for 2018. “Having been stuck in a range of…
Copper needs more investment, analyst says
AllianceBernstein, a global investment management firm with an independent sell-side research arm, is calling for greater investment in copper to build enough capacity to meet…