Copper deficit narrows slightly to 475,000 tonnes in 2021
The global refined copper market showed a 92,000 tonnes deficit in December, compared with a 123,000 tonnes deficit in November, the International Copper Study Group (ICSG) said in a new…
South America
Court halts exploration at Los Andes Copper’s Minera Vizcachitas project on potential endangered species impact
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has stopped drilling at its Minera Vizcachitas project in central Chile after an environment court asked it to suspend its operations in an…
Blockade halts Southern Copper’s Cuajone mine in Peru
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
Wheaton Precious shares drop on earnings miss
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the…
Kinross pours first gold bar at La Coipa mine in Chile
Toronto’s Kinross Gold (TSX:K; NYSE: KGC) has poured its first gold bar since the restart of mining at La Coipa 1,000 km north of Santiago, Chile, in the Atacama region….
Chile steps closer to resource nationalism
A committee tasked with rewriting the Chilean constitution has approved an early-stage proposal that opens the door to the country nationalizing some of the world’s most significant copper and lithium…
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…
JV Article: Tier One Silver hits bonanza-grade silver in first drill program at Curibaya in Peru
Canadian explorer Tier One Silver (TSXV: TSLVF; US-OTC: TSLVF) believes it is in the early stages of a new discovery in Peru. The Vancouver-headquartered junior recently completed the first ever drill…
How much could battery recycling actually aid cobalt, lithium supply shortages?
A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030….
Brazil’s Bolsonaro backs legalization of mining in Indigenous lands amidst Russia invasion
Brazilian president Jair Bolsonaro has reiterated the need to allow mining in the nation’s Indigenous territories to strengthen food security, as he expects Russia’s ongoing invasion of Ukraine to increase…
Buenaventura to kick off San Gabriel gold mine construction in 2023
Buenaventura (NYSE: BVN), Peru’s largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country’s southern region of Moquegua in 2023. The company had…
GMS: Mark Cutifani talks up Anglo American’s future-facing metals strategy
Anglo American (LSE: AAL; US-OTC: NGLOY) is charting a future-facing path forward by strategically positioning its diversified portfolio of mines to service the emerging energy revolution, CEO Mark Cutifani told…