Officials from Horizonte Minerals said in a construction update that work is advancing on schedule and on budget – and safely – at the Araguaia nickel project in Brazil as it fixes its focus on a 1Q24 production start. The company said overall project progress to completion is 28%, and earthworks are significantly advanced and due to be concluded in…
Read MoreThe Andean nation of Colombia is reportedly finalising a launch of a national mining company and a new state-owned mining company as royalties rise in the region. The government’s National Mining Agency (NMA) told Reuters last week that Colombian president Gustavo Petro has vowed to reform the mining sector, focusing on critical minerals for the energy transition, like copper. While…
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Metso Outotec has been awarded a shutdown service contract for a flash smelting furnace at an undisclosed copper processing facility in South America. The OEM said approximately 50% of the order value, which exceeds EUR 10 million, is booked in Metals’ fourth-quarter orders received and the rest in Minerals’ orders received. The scope of delivery includes a complete reconstruction of…
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American Lithium said it has made the decision to pursue a “spin-out” of its Macusani uranium project in Peru into an independent public company. The company views a spin-out of the project into a stand-alone vehicle as the preferred route to generate value for American Lithium and its shareholders from the continued development of the large-scale uranium project. Additionally, the…
Read MoreCanada-headquartered, Guatemala-focused mining developer Bluestone Resources has laid out management changes for the company, the heart of that being the appointment of Peter Hemstead as president and chief executive officer. Hemstead will also join the company’s board. Nevin Lau will become CFO. Former president and CEO Jack Lundin will remain as a director of the company, though due to his…
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Canadian-based Sigma Lithium has received positive economic results from a study to potentially triple integrated production of battery-grade sustainable lithium concentrate at its Grota do Cirilo project, currently in construction in Minas Gerais, Brazil. The study looked at increasing production from 270,000 tonnes/annum commencing in 2023 to 768,000 tpa in the second year, which could position Sigma as one of…
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Anglo American said that, after talks and an agreement with a Chilean water desalination provider, it has secured the supply of desalinated water – which will meet nearly half of its needs – for its Los Bronces open-pit copper mine in the country. Anglo American base metals business CEO Ruben Fernandes said that the miner has a target to reduce…
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Workers at BHP’s Escondida mine in northern Chile have accepted a new offer from the global miner and will not move forward with a planned strike over safety concerns, reported Reuters. The Sindicato No. 1 union said that 1,495 members out of the 1,902 who voted accepted the new proposal from BHP. “This proposal contains a series of concrete and…
Read MoreGuatemala’s national mining association Gremial de Recursos Naturales, Minas y Canteras (GRENAT) recently adopted the corporate social responsibility performance standards of Towards Sustainable Mining (TSM).
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A large mystery sinkhole that developed in July at Lundin Mining’s Minera Ojos del Salado operation in Chile will be filled in as it also continues to pump out water that has seeped into the mine, according to a company official. A senior executive for a local unit, Luis Sanchez, told Reuters that an investigation is in the “decisive stages”…
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