PDAC: Vale eyes doubling of copper output, CEO says
Brazilian iron ore giant Vale (NYSE: VALE) is targeting a doubling of copper output over the next decade as part of a plan to expand its footprint in three main…
South America
RANKED: Top 10 gold miners of 2025
Gold grabbed the spotlight in 2025 after a run that saw prices hit a record more than 50 times. By end of the year, bullion was up by around 65%,…
Argentina’s Milei wins first vote to ease glacier rules
Argentina’s Senate has approved a reform to the country’s glacier protection law, advancing President Javier Milei’s push to unlock billions in mining investment. Lawmakers voted 40–31 in favour of the…
Nevada tops Fraser survey as Ontario, Saskatchewan rise
Nevada has dislodged Finland as the best jurisdiction for mining investment globally while two Canadian provinces – Ontario and Saskatchewan – have climbed into the top three, a new survey…
Chile’s right-wing pivot puts mining policy under microscope
Chile is entering a new political phase as a right-wing government prepares to take office, putting mining policy under renewed scrutiny in the world’s largest copper-producing country. In recent years,…
Omai Gold weighs Wenot ‘superpit’ potential as drills hunt for growth
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) on Wednesday reported deep, higher-grade assays from its Wenot deposit at the namesake Guyana project. Shares rose. Hole 25ODD-119W returned 14.6 metres grading…
Ero Copper eyes $2B value, 24-year life for Furnas
A maiden preliminary economic assessment for Ero Copper‘s (TSX, NYSE: ERO) Furnas project in Brazil puts a $2 billion value on an operation that could supply metal for almost a…
Andes Iron’s $2.5B Chile project hits fresh snag
A Chilean court of appeals has overturned a favourable court ruling in the long-running dispute over Andes Iron’s $2.5-billion Dominga iron ore and copper project, effectively sending the development back…
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…
CHARTS: US copper glut hides refining crunch
The United States produces more raw copper than it consumes but lacks the processing capacity to turn it into usable metal, leaving manufacturers dependent on foreign refiners, a new report…
Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…