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Category: Latin America

Codelco to receive sustainability guidance from Aurubis

Miners News

Europe’s largest copper producer Aurubis will provide Chile’s state-owned Codelco with technology and know-how to achieve more environmentally responsible mining practices at its operations, reported Reuters. The news agency said two companies plan more than 15 joint projects. Aurubis will provide Codelco with technical expertise including methods and equipment to reduce air and water emissions, measure and analyse pollution, and…

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Nexa resumes operations at Atacocha

Miners News

Nexa Resources said it has resumed operations to normal capacity at its Atacocha San Gerardo open pit mine in Peru after protests by the Joraonivoc community ceased. The miner’s estimated zinc production loss of 0.1 kilotons is expected to be recovered in the upcoming month.  “Nexa remains committed to the social development of its host communities and will continue to…

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Brazil seeks to annul gold mine contract

Miners News

Brazilian federal prosecutors asked a judge to annul a contract between Canadian miner Belo Sun Mining and Brazil’s land rights agency to build a gold mine in the Amazon rainforest, reported Reuters. The news agency said prosecutors back the right of families living in settlements near where the Volta Grande mine would be built to be consulted on the project…

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Codelco talks future, spotlighting effort to extend mine life

Miners News

Codelco’s board recently met at the Ministro Hales division to discuss its “DMH Future Development” project and its efforts to extend the life of the Chilean deposit by 28 years. The group, meeting for the first time in 2024, toured the Ministro Hales mine as well as its equipment maintenance garage and concentrator plant. General manager Gonzalo Lara also offered…

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Vale, BHP, Samarco to pay billions for Brazil dam disaster

Miners News

Vale SA and BHP, along with the pair’s Samarco iron ore joint venture, must pay 47.6 billion reais, or US$9.67 billion, for damages sustained in the Samarco Fundao tailings dam burst in Mariana, Brazil more than eight years ago. According to reports from Bloomberg and Reuters, the legal decision regarding the November 2015 incident that killed 19 was made 25…

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South32 evaluating Colombian nickel complex on price drops

Miners News

South32 revealed in its quarterly production and earnings report this week that it will be placing its Cerro Matoso nickel operation in Colombia under a strategic review following a reduction in prices paired with a production shortfall. The complex’s payable nickel production in 2H23 was 18.3 million tonnes, down 10%, despite the miner’s outlook of 40.5Mt full-year while eyeing higher…

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Latin Metals acquires Argentina project

Miners News

Canadian-based Latin Metals has confirmed its acquisition of the 68,000-hectare Terraza copper project in the Juyay province of Argentina. Latin Metals’ is a first mover in exploring sediment-hosted copper deposits in this emerging belt and, with this acquisition, increases its ground holding to more than 500,000 hectares. “Latin Metals’ exploration efforts in northwest Argentina are focused on understanding and unlocking…

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Lights on at Serra Verde

Miners News

Commercial production of mixed rare earth concentrate (MREC) has commenced from Phase 1 of the Pela Ema deposit at the Serra Verde complex in Minaçu, Goiás State, Brazil. Once ramped up to full production, Serra Verde is expected to produce at least 5,000 tonnes per year of rare earth oxide. MREC samples have already been accepted by major customers, and…

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Codelco makes deal with supervisors union

Miners News

Chile’s state-owned Codelco has reached an agreement on a new contract with the union representing supervisors at its Chuquicamata copper mine, reported Reuters. “Codelco appreciates and values ​​the dialogue and shared vision of the reality experienced by the company and, in particular, Chuquicamata,” said the miner, who did not specify the financial details of the contract. The agreement, noted Codelco,…

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FLSmidth delivering ball mills, HPGRs to South American site

Miners News

Following a long-standing relationship with an unidentified customer, FLSmidth confirmed it has received an order to supply comminution technologies to a leading copper miner in South America for their new greenfield concentrator. The order is valued at approximately DKK 380 million and was booked in Q124. The equipment is due to be delivered in 2025. The order includes the delivery…

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