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…
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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…
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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 MoreChilean president Gabriel Boric has reportedly appointed Aurora Williams as the new mining minister for the country. Williams, according to Reuters, was placed after a reshuffle of cabinet members as the government seeks to advance key reforms, and replaces Marcela Hernando. She last served in the same seat from 2014-2018 under previous president Michelle Bachelet. “I invite the ministers to…
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Haver & Boecker Niagara announced 10 August the opening of a new facility in Parauapebas, Brazil, that will offer service and support for mining operations in the region including diagnostics, equipment refurbishment, parts stocking and more.
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After announcing the commencement of operations three months ago, Aura Minerals said this week its Almas gold mine in Brazil achieved its first pour on 10 August.
Read MoreCopper production in Peru rose 21.8% in June compared to the same month last year, Reuters has reported, citing the country’s ministry of energy and mines. Production, according to the agency, hit 241,801 metric tons in the month, with output for the first half of the year up 17.6% thanks in part to June’s boost. The ministry added that production…
Read MoreRio Tinto has agreed to purchase PanAmerican Silver’s stake in Agua de la Falda, with exploration tenements in Chile’s prospective Atacama region, and to enter a joint venture with Codelco (Corporación Nacional del Cobre de Chile) to explore and potentially develop Agua de la Falda’s assets.
Read MoreAmerigo Resources said its Minera Valle Central (MVC) operation near Rancagua, Chile, has resumed normal operations after severe flooding destroyed three high-voltage power towers in late June, disconnecting the site from Chile’s central power grid.
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A worker was evacuated without injury after becoming trapped in Andes Norte, part of Codelco’s new El Teniente mine in Chile, following a rock blast at the site, reported Reuters.
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