Capstone Copper confirmed the Copper Mark distinction has been awarded to its Mantoverde and Mantos Blancos operations in Chile.
Read MoreCategory: Latin America
Vale, Vivo extending 4G reach along Carajás rail line
Vale is starting to implement, in partnership with Vivo, an unprecedented technology infrastructure to extend the reach of the 4G internet signal along the Carajás railroad, which connects the states of Maranhão and Pará, covering 28 cities in Brazil.
Read MoreAlderan to acquire seven Brazilian lithium projects
Alderan Resources announced the execution of a binding share sale agreement to acquire 100% of the issued capital in Parabolic Lithium, which has the right to acquire a 100% interest in seven lithium exploration projects in the mineral resource rich state of Minas Gerais, Brazil. The projects cover 472 square kilometers and consist of 24 granted exploration licenses in seven…
Read MoreMinespider, Minsur team for tin
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 MoreB2Gold to become sole owner of Gramalote
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 MoreAlmas initiates commercial production
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 MoreFirst Quantum, Utramipa reach deal, avoid strike
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 MoreFuchs fully acquires Chile facility
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 MoreGoing once, going twice for Elebbre
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, Neuma Peru planning NFU revaluation plant
Michelin 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