California-based autonomous haulage system (AHS) developer Pronto has teamed with South American mining and forestry equipment sales group Raico SA to scale autonomy for both sectors in Chile. Under the agreement, Raico will exclusively provide sales, distribution, installation and aftermarket support services for the Pronto AHS and Pollen Mobile private LTE/5G network technologies in Chile. The partnership will initially be…
Read MoreCategory: Latin America
Buenaventura will focus on San Gabriel in 2024
Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…
Read MorePanama to hold referendum on First Quantum mine
After days of protests, Panama President Laurentino Cortizo said the country would hold a referendum to decide whether to scrap a contract with First Quantum’s local subsidiary Minera Panama, reported Reuters. The vote will take place December 17 and its result will be binding. The news agency said Panama’s government and Minera Panama agreed on a contract which would guarantee…
Read MoreChilean regulators charge Teck for Chile permit breaches
Teck Chile is staring down an $8 million fine for two series permit breach charges from The Superintendence of the Environment (SMA) in Chile, the agency confirmed last week. SMA in the Coquimbo region said the producer, specifically Teck Carmen de Andacollo, which is owner of the Andacollo Cobre project, has not complied with the commitments established in its Environmental…
Read MoreEro’s Tucumã on track for 2H24 start
Canadian-based Ero Copper has released the newest update of progress at its Tucumã project in Brazil, confirming that it is over 70% complete and on track for first copper production later next year. Reporting “excellent progress” at the site in Para state, officials said the planned mine’s capex is in line with its current guidance of approximately $305 million. Crews…
Read MoreNew Vale arm to sell tailings sand: report
Brazilian miner Vale has created a company to sell and distribute iron ore tailings sand as it pushes to reduce material disposals from dams and piles. The new sand company, Agera, is a spin-off from part of Vale and expects to sell 1 million metric tons of sand this year and generate revenue of US$3.57 million (18 million reais), according…
Read MoreStrike averted at Escondida
BHP has reached a preliminary deal with the supervisors’ union at its Escondida operation in Chile, avoiding a strike at the world’s largest producer of copper concentrates and cathodes, reported Reuters.
Read MoreLundin in talks to offer Josemaria stake to Japanese group: report
Base metals miner Lundin is reportedly in discussions with Japanese trading houses and large miners to turn over between a 40% and 50% stake in its Josemaria copper-gold operation in Argentina. CEO Jack Lundin said in a Reuters interview that it is conducting risk analysis before finalizing plans with its strategic partners for Josemaria’s development. The executive, who was just…
Read MorePeru zinc mine to partially close for three years: operator
Peruvian miner Buenaventura has announced the temporary suspension of some activities at the Tajo Norte mine in Colquijirca, Cerro de Pasco.
Read MoreIndia again adding to coal mine roster after auction
The Ministry of Coal in India has confirmed new executed agreements with six coal mine bidders after a seventh round of auction for commercial coal operations. Full story.
Read More