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South America

Minerals Council South Africa CEO Mzila Mthenjane
Minerals, Geoscience councils, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


Glencore's head office
Glencore expands adherence to standards, reporting frameworks to ensure sustainability
17th May 2024 By: Marleny Arnoldi

Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving... 


Trafigura says aluminium rally is ‘over done’ as supply returns
Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Hot commodity silver sets pace as demand and deficit drive rally
Hot commodity silver sets pace as demand and deficit drive rally
17th May 2024 By: Reuters

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial... 


Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Chile to seek bidders for preferential pricing on lithium by July
Chile to seek bidders for preferential pricing on lithium by July
17th May 2024 By: Reuters

Chile will open calls by the end of July for lithium component producers to obtain preferential pricing on lithiumproduced by Albemarle through 2043, government officials said on Thursday.... 


Copper plates produced in Chile
Chile's Cochilco raises 2024, 2025 copper price estimates
17th May 2024 By: Reuters

The Chilean Copper Commission (Cochilco) on Thursday raised its average copper price estimates for both this year and next. Cochilco now sees average copper prices this year at $4.30/lb, from... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


Area around Ampasindava project
Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 


Higher Education & Training DDG Zukile Mvalo
PGM-boosted green hydrogen backed by resolute South African govt's commitment
16th May 2024 By: Martin Creamer

The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills... 


Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
16th May 2024 By: Reuters

Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the US company to increase its production quota by 240 000 metric tons... 


The recruitment of new non site-based permanent employees and contractors has been stopped.
Anglo unveils hiring freeze, document shows, after rejecting $43bn takeover bid
16th May 2024 By: Reuters

Anglo American has suspended hiring globally, it said on Thursday, as it gets plans under way to simplify itself and build value – and avert a $43-billion takeover bid by Australia's BHP. Anglo... 


Brazil prosecutors again seek to suspend Canadian potash mine in the Amazon
16th May 2024 By: Reuters

Brazilian federal prosecutors have filed a lawsuit to suspend a license given to a Canadian firm to install what would be Latin America's largest fertilizer mine in the Amazon rainforest, their... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Codelco working to meet Q2 production goal, CEO says
15th May 2024 By: Reuters

Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado told Reuters, as the State-run copper miner is pushing to boost production up... 


Anglo American logo
Execution risk to Anglo’s restructure plan substantial – WoodMac
15th May 2024 By: Darren Parker

Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a... 


The 2015 dam collapse aftermath
Brazil states ask court to double what Vale, BHP should pay for dam burst
15th May 2024 By: Reuters

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according... 


Anglo CEO Duncan Wanblad and his BHP counterpart Mike Henry took centre stage on Tuesday at a mining conference in Miami.
Anglo-BHP battle is between two CEOs fighting over same vision
15th May 2024 By: Bloomberg

As Anglo American sets out a survival plan that echoes the vision of its suitor BHP Group, the rival mining bosses are now locked in a battle to convince shareholders they are the man for the job.... 


Anglo American CE Duncan Wanblad
All-round value unlock targeted in proposed demerging of Anglo Platinum and De Beers
14th May 2024 By: Martin Creamer

Diversified mining major Anglo American is targeting value elevation in its planned demerging of South Africa-based Anglo American Platinum (Amplats) and the envisaged divestment or demerger of... 


Tin prices may see further support from supply risks, rate cuts, analysts say
14th May 2024 By: Reuters

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate... 


Copper climbs to highest in two years as bulls see deficit
Copper climbs to highest in two years as bulls see deficit
14th May 2024 By: Bloomberg

Copper touched its highest level since 2022 after a powerful rally fueled by forecasts of a growing global supply deficit. The commodity’s gain since the start of January is approaching 20% with... 


Hochschild Mining CEO Eduardo Landin
Hochschild hits commercial production at its first Brazil mine
14th May 2024 By: Creamer Media Reporter

Precious metals company Hochschild Mining has achieved commercial production at the Mara Rosa gold mine – its first operation in Brazil. During May, the Mara Rosa processing plant has operated at... 


Anglo American Platinum's Mogalakwena operation in South Africa
Investors expect BHP to lift Anglo American offer again
14th May 2024 By: Reuters

BHP is likely to sweeten its $43-billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered... 


Peru zinc miner Volcan to avoid debt haircut, new owner says
14th May 2024 By: Bloomberg

Volcan Cia Minera plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing... 


Top critical mineral miner CBMM sees opportunity in EV batteries
14th May 2024 By: Bloomberg

A Brazilian company focused on mining a metal used to strengthen alloys is betting that its mainstay product can also play a key role in improving electric vehicle batteries. Cia. Brasileira de... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
13th May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


BHP CEO Mike Henry says the group is disappointed that its second proposal has been rejected.
Anglo rejects BHP's revised £34bn proposal
13th May 2024 By: Mariaan Webb

Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled... 


Mine shaft at Caledonia's Blanket mine in Zimbabwe
Caledonia starts year with higher output, profit
13th May 2024 By: Marleny Arnoldi

Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s... 


World Platinum Director of Research Edward Sterck
Platinum demand outlook pretty robust, World Platinum Investment Council highlights
13th May 2024 By: Martin Creamer

The outlook for platinum is one that's pretty robust, the World Platinum Investment Council (WPIC) has highlighted in its latest Platinum Quarterly, which shows the projection of the metal's demand... 


The Escondida mine
Chile copper output edges down in March, dragged by Codelco
13th May 2024 By: Reuters

Copper output in Chile, the world's largest producer of the metal, edged down in March, data from copper commission Cochilco showed on Friday, as production slid at state-run miner Codelco but rose... 


AngloGold CEO Alberto Calderon
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 


Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
10th May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


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Schauenburg SmartMine IoT
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SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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