Rio Tinto said it has earmarked US$188 million to upgrade its Alma smelter in Lac-Saint-Jean, Quebec to boost its production by 202,000 tonnes annually. Read full article.
Read MoreRio Tinto investing US$188M for Alma upgrade project
Category: Latin America
Anglo’s Quellaveco marks first copper
Anglo American’s Quellaveco, which is set to increase Peru’s copper production by up to 10% in full operations, has marked the milestone of first copper concentrate production in the Moquegua region. The benchmark comes ahead of the mine’s receipt of its final regulatory clearance for commercial operations to begin. Mine development head Tom McCulley said the achievement was on time…
Read MoreAmerican Lithium starts next phase of Falchani work
Canadian-based American Lithium Corp. has commenced the environmental work required for a pre-feasibility study (PFS) on the Falchani lithium project in southeastern Peru with the initiation of an environmental impact assessment (EIA) with SRK Peru. The EIA process will run in parallel with work to update the company’s existing preliminary economic assessment on Falchani. American Lithium said it believes that…
Read MoreVale makes switch to natural gas for pelletizing
Global miner Vale has entered into a contract to enable the supply of natural gas to its São Luís Plant in Maranhão, Brazil, starting in 2024, as the company attempts to reduce its carbon emissions by 33% by 2030. The plant will use natural gas supplied by Eneva and distributed by local firm Companhia Maranhense de Gás (Gasmar) in its…
Read MoreChile minister: copper mining royalties to rise
The finance minister for Chile, Mario Marcel, has reportedly outlined a tax reform plan that will not only raise taxes across the country, but will also increase mining royalties for copper companies producing over 50,000 tonnes annually. The plan, according to a Reuters report, would impact some of the industry’s largest producers including BHP, Antofagasta, Codelco and others. It has…
Read MoreProduction begins at Piauí Nickel Project
After an 18 month construction and commissioning period, UK-based Brazilian Nickel has begun continuous nickel production from its Piauí Nickel Project in northeast Brazil. The junior miner said the first nickel hydroxide product was produced at the project’s PNP1000 – the world’s first stand-alone nickel laterite heap leaching operation. Annual production for this year is anticipated to be 300 tonnes…
Read MoreCodelco workers call off strike
After weeks of tension from an open-ended strike, workers at Codelco in Chile – considered the largest copper producer globally – have ended their action after reaching a deal with the government. According to a Barron’s report citing the Agence France Presse, the strike by FTC Labor Federation involved about 40,000 mine workers, all protesting the closure of the Ventanas…
Read MoreQuant inks significant Brazilian maintenance deal
Industrial maintenance provider Quant Brazil, part of global group Quant AB, has signed a two-year maintenance contract with revenue estimated at BRL 72 million (EUR 13 million, US$13.75 million) annually over the life of the deal. The client, which Quant would only identify as an international iron ore mining company, has retained the company for electromechanical maintenance and scaffolding assembly.…
Read MoreDigitalisation, AI at core of new Hudbay, Strayos pairing
Canadian miner Hudbay and visual intelligence group Strayos have joined forces to improve safety, efficiency and productivity at the former’s Constancia mine in Peru to implement Mining 4.0. Strayos, developer of several AI-based technology platforms, has created several suites of AI-powered tools to improve mining operations from prospect to profit. Over scheduled phases, Hudbay will add the Strayos Mine Site…
Read MoreSouthern Cross Britannia completes exploration program
Mineral exploration company Southern Cross Britannia said it has completed the first stage of its exploration program in northwest Argentina. For the past year, the London-based company has explored and matured a highly prospective exploration portfolio consisting of around 50 licenses spread over five different prospect areas covering 100,000 hectares in the Salta province. For its flagship project, Copper One,…
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