Southern Copper weighs $680M Cuajone expansion
Southern Copper (NYSE, BVL: SCCO) is evaluating a $680-million (C$950.6 million) expansion of its Cuajone mine in southern Peru to counter declining ore grades and improve efficiency as the copper…
South America
Serabi cuts gold outlook as Coringa permits stall growth
Serabi Gold (TSX: SBI; AIM: SRB) cut its annual production outlook about 17% after permit delays blocked a planned increase in gold output from its Coringa mine in Brazil. The…
Fortuna targets deeper Lindero pit after gold hits
Fortuna Mining (TSX: FVI; NYSE: FSM) has drilled gold beneath the planned bottom of its Lindero open pit in Argentina’s high-Andes, strengthening its case for adding reserves at the operating…
Sponsored video: Atex eyes Valeriano starter mine
Atex Resources President & CEO Chris Beer in conversation with The Northern Miner Western Editor Henry Lazenby. This sponsored video is PROMOTED CONTENT paid for by Atex Resources and produced…
Study nearly doubles value, lifts resource for Aclara’s Penco rare earths project
An updated preliminary economic assessment (PEA) for Aclara Resources’ (TSX: ARA) Penco Module rare earths project in Chile almost doubles its post-tax net present value over a 2021 study despite…
Brazil survey plan could give big miners first claims
Brazil’s geological survey is considering giving companies that help pay for airborne surveys temporary exclusive access to the results, raising concerns that large funders could secure promising exploration ground before…
Sponsored video: Aris Mining maps path to a million ounces a year
Aris Mining Chair & CEO Neil Woodyer in conversation with The Northern Miner Western Editor Henry Lazenby. This sponsored video is PROMOTED CONTENT paid for by Aris Mining and produced…
Copper surplus to widen as refined output rebounds
The global refined copper surplus is expected to more than triple next year as production growth outpaces consumption, despite demand from electrification, artificial intelligence and data centres, the International Copper…
Antofagasta slides as copper outlook disappoints
Shares in Antofagasta (LSE: ANTO) fell more than 6% on Thursday after the Chilean copper miner’s initial production outlook for 2027 fell short of analyst expectations and higher diesel prices…
Gold miners’ earnings surge but valuations lag: Sprott
Gold producers aren’t getting full credit from investors for stronger profits and tighter spending discipline, Sprott Asset Management says. The NYSE Arca Gold Miners Index traded at 5.7 times expected…
BHP averts strike at world’s biggest copper mine
BHP (ASX, LSE: BHP) and the supervisors’ union at its Escondida mine in Chile have reached a preliminary agreement to avert a strike at the world’s largest copper operation. Members…
Avalanche adds to Chile’s copper supply pressures
A snow avalanche that killed two subcontractor workers at Codelco’s El Teniente mine on Sunday has added to mounting supply concerns in Chile, as extreme weather, labour disputes and operational…