Copper price run signals supply squeeze: Sprott
Copper’s roughly 50% surge over the past year is increasingly looking less like a traditional commodities cycle and more like a structural squeeze as mine shortages collide with rising demand…
South America
Brazil’s top court breaks Indigenous mining deadlock
Brazil’s Supreme Court has upheld a ruling allowing Cinta Larga Indigenous communities to legally conduct mineral exploration in four territories under temporary safeguards while lawmakers develop long-delayed legislation that governs…
Colombia gold mine collapse kills 13 workers
At least 13 workers have been killed and another seven injured in a landslide at an open pit gold mine in southwestern Colombia — the latest in a series of…
Las Bambas halt compounds South America copper woes
China-controlled miner MMG (HKG: 1208) has suspended operations at its Las Bambas mine in Peru after an accident killed two workers, adding another disruption to South American copper supply as…
Omai values Guyana gold project at $4B
A new economic study for Omai Gold Mines’ (TSXV: OMG; US-OTC: OMGGF) namesake project in Guyana positions it among the largest and most valuable undeveloped gold projects in South America,…
Lundin Mining cuts copper outlook as Chile storms strike again
Lundin Mining (TSX: LUN) cut its 2026 copper production forecast after a second severe winter storm hit the company’s operations in Chile’s Atacama region, disrupting its recovery from an earlier…
Gold Fields puts $77M in Suriname-focused Founders
Gold Fields (NYSE, JSE: GFI), one of the world’s largest gold miners, is investing another $77 million (US$55.7 million) to raise its stake in Suriname explorer Founders Metals (TSXV: FDR;…
Ottawa scrutinizes China’s $175M Lithium Chile deal
Canadian junior Lithium Chile (TSX-V: LITH) and China Union Holdings (SZSE: 000036) face a potential national security review of their $175-million (C$243-million) Argentum Lithium transaction after Canadian officials raised concerns…
Venezuela targets $4.4B London gold stash
Venezuela’s government and opposition have agreed to jointly pursue the return of about 31 tonnes of gold held at the Bank of England in a plan to help finance reconstruction…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
Vale speeds Salobo copper expansion, cuts costs
Vale’s (NYSE: VALE) Base Metals (VBM) unit is adding about 30,000 tonnes of annual production at its Salobo mine, Brazil’s largest copper operation, after cutting capital costs and accelerating first…