Chile Authorizes Codelco to Reinvest 100% of 2025 Profits, Sparking Political Dispute
Chile will let Codelco reinvest 100% of 2025 profits, about US$2.42 billion — a move the government calls historic but...
August 11, 2026Section
Mining
Mining Industry News News in Rio de Janeiro and Brazil
Chile Cuts 2026 Copper Output Forecast to 5.27 Million Tonnes on Weak First Half
Cochilco cuts Chile's 2026 copper output forecast to 5.27 million tonnes, down 2.6%, with a rebound seen in 2027. The...
August 11, 2026
Vale and ABB Sign AI Deal for Iron-Ore Processing Plants
Vale and ABB signed a deal on 11 August 2026 to bring AI to Vale's iron-ore plants, targeting safety and...
August 11, 2026
Fresnillo Profit Triples to US$1.46 Billion on Silver-Gold Rally
A gold-silver rally lifted Mexico's Peñoles and Fresnillo, with Fresnillo's first-half profit roughly tripling to US$1.46 billion despite lower
August 5, 2026
Corfo Lithium Payments Surge 427% to US$791 Million
Lithium payments to Corfo jumped 427% to US$791 million in the first half of 2026 as record prices and SQM's...
August 5, 2026
Chile’s Codelco Halts El Teniente Expansion over Seismic Risk
Codelco suspended El Teniente's Andes Norte over an emerging deep-seismic risk, halting a key expansion and affecting four contractors and...
August 5, 2026
Cerro Matoso Output Cut in Half After Gas Cutoff
Colombia’s Cerro Matoso output cut of up to 50% follows Canacol Energy’s move to slash contracted gas supply, putting Córdoba...
August 4, 2026
Southern Copper Marks 30 Years on NYSE After CEO’s Death
Southern Copper marks 30 years on the NYSE after the death of longtime CEO Óscar González Rocha, amid a tightening...
August 4, 2026
Atacama Lithium: US$3 Billion Plan to End Freshwater Use
Atacama lithium faces a water test as Novandino’s US$3bn Salar Futuro plan uses direct extraction to run the Chilean salt...
August 2, 2026