Large tin producer Minsur, and blockchain software developer Minespider, have extended a previous collaboration that will integrate blockchain traceability into all of the former’s tin operations, making it one of the largest full-scale traceability projects in the world. Minsur supplies more than 50 companies in different industries and geographies. The company owns the San Rafael mine in Peru, which is…
Read More
B2Gold has entered into a purchase agreement with AngloGold Ashanti to acquire AngloGold’s 50% stake in the Gramalote project, located in the department of Antioquia, Colombia. Upon completion of the transaction, B2Gold will own 100% of the gold project. Historically, Gramalote has been advanced under a joint venture between B2Gold and AngloGold, which has led to analyzing the project on…
Read More
Mid-tier gold and copper miner Aura Minerals said commercial production has been achieved at its Almas open-pit gold mine in Brazil, effective August 31. The Almas mill is processing 4,000 tonnes per day, with recoveries consistently above 90% and ranging up to 92%. Approximately 4,661 ounces of gold were produced in August, with gross revenues of US$9 million. “We are…
Read More
First Quantum Minerals’ Minera Panama and the workers union Utramipa reached an agreement to avoid a planned strike at its Cobre Panama copper mine, reported Reuters. The news agency said Utramipa had threatened to stop work alleging an impasse in negotiation with the directors of Minera Panama over profit sharing and wage increases. Minera Panama confirmed in a September 9…
Read More
Global lubricants supplier FUCHS Group has expanded its presence in South America with the full acquisition of Fuchs Lubricants SpA in Chile. The deal, made via a joint venture that will make the location a wholly owned subsidiary, was made 1 September. Fuchs Lubricants SpA was initially founded in 2018 when FUCHS acquired the lubricants business of Comercial Pacific in…
Read More
Global engineering, procurement and construction giant Bechtel has chosen Latin American equipment remarketing expert Elebbre to manage a major auction of its equipment from a Chile mine expansion and desalination plant construction, all underpinned by the latest auction technology from Krank. The task of managing the sale of equipment such as dump trucks, boom trucks and cranes for one of…
Read MoreMichelin Peru and its regional distributor Neuma Peru have inked a cooperation pact to establish an end-of-life mining tire (NFU) revaluation plant in the country’s Lurin district. The facility, which the supplier said will be the first of its kind in Peru, will boost its efforts to reduce environmental pollution while also promoting a circular economy. Additionally, it will allow…
Read More
AngloGold Ashanti has placed one of its smallest operations, Corrego do Sitio (CDS) in Brazil, on care and maintenance to lower costs and stem runaway losses, reported Reuters. “The mine has been unable to sustain itself or to fund the capital needed to ensure its long-term future,” said AngloGold, noting that there were plans to sell CDS but it failed…
Read More
Australian-based Galan Lithium has commenced full phase 1 pond construction at its flagship Hombre Muerto West (HMW) lithium brine project in Catamarca Province, Argentina, with the goal to deliver lithium chloride production in the first half of 2025. The first milestone is to build, line and fill with brine the first pond of the system by Q1 2024. The pond…
Read More
After an exhaustive search and selection process, Codelco said that Rubén Alvarado Vigar will assume as its new CEO starting on 1 September, replacing André Sougarret Larroquet. General manager of Metro between 2014-2022, he was also corporate general manager of Alsace & Express between 2012-2013, director of engineering and maintenance of LAN Airlines between 2007-2012, project manager for the Techint…
Read More