ANALYSING ARGENTINA Who wants to ‘exploit’ Argentina? 30-03-2024 06:43 The business establishment, here and abroad, are keeping a close eye on whether Milei and his team can deliver on governance – and whether they can do it soon. by Marcelo J. Garcia
Lithium in Latin America Chile unveils lithium salt flats it plans to lease to private companies 27-03-2024 14:36 Chile unveiled salt flats that will be opened up to lithium mining as part of a plan to double production of the battery metal over the next decade under a new public-private model.
Archaeology Roads, farming threaten Ecuador 'lost city' complex 14-02-2024 06:37 The remains of a massive 2,500-year-old network of Ecuadorean cities are being threatened by road and farm encroachment just as its long-held secrets are being revealed.
Bloomberg Canadian entrepreneur seeks US$100 million for Argentina copper mine 30-01-2024 19:11 Canadian entrepreneur Rob McEwen is in talks to raise about US$100 million for a copper project in Argentina.
MINING & INDUSTRY Milei looks to cut costs for miners in broader deregulation push 21-12-2023 20:22 President Javier Milei wants to turn Argentina’s lithium and copper rush into an investment bonanza — starting with cutting red-tape.
Bloomberg Billionaire Paolo Rocca has a Plan B for lithium if alpha bid fails 11-10-2023 08:10 Billionaire Paolo Rocca’s oil drilling unit will enter the lithium business one way or another.
Bloomberg Argentina seeks to tax lithium boom to avoid region’s resource curse 02-10-2023 11:57 Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.
Lithium in Argentina Lithium boom in Argentina hinges on politics, Zijin unit says 27-09-2023 19:05 Hurdles to lithium development in neighbouring Chile and Bolivia have opened the door for Argentina, says top industry official
Lithium in Latin America Start-up summit Nanotech eyes US$150 million funding for a new way to mine lithium 07-09-2023 12:46 Summit Nanotech Corp, a Canadian start-up working on a way to hasten extraction of lithium from South American salt flats, plans to raise US$150 million to take the technology to commercial scale.
MINING & INDUSTRY Mendoza Province narrows search for US$1-billion potash investor 04-09-2023 14:28 Mendoza Province has narrowed its search for a company to revive development of the Rio Colorado potash mine, a decade after Vale SA pulled out of the project.
Lithium demand Lithium players race for breakthrough to meet electric car demand 30-08-2023 11:50 Dozens of firms aim to prove sceptics wrong as they push ahead with new lithium extraction methods.
MILEI Milei would unshackle Argentine farming, oil sectors 17-08-2023 14:56 Shock election-race leader Javier Milei would scrap soy taxes; He’d also privatise shale driller YPF and ditch EV battery bid.
Bloomberg China’s Zijin is in talks with Argentina to turn lithium into battery cathode 11-07-2023 17:46 China’s Zijin Mining Group is in advanced talks to build a plant in Catamarca that will turn some of the nation’s huge lithium reserves into cathodes used to make electric-vehicle batteries.
Lithium sector Argentina’s growing lithium industry hits export records 17-06-2023 13:50 Argentina's lithium industry hit a record high with exports rising to US$60 million in May, up 17% from the same month a year ago.
MINING Newmont to invest US$540 million in gold mine, Argentina says 31-05-2023 20:54 Newmont Corp, the world's largest gold producer, plans to invest about US$540 million in its Cerro Negro mine in Argentina.
Lithium in Latin America Emerging lithium supplier Argentina says it’s close to US deal under IRA 24-05-2023 09:41 Argentina, one of the world’s fastest-growing lithium producers, says it could soon gain access to the US market.
ILLEGAL MINING Illegal mining booms in Brazilian Amazon 'promised land' 09-05-2023 16:15 Illegal mines, pulling resources from protected lands in the Amazon, make around US$800 per metric ton of copper they sell on the black market, incentivising the risky trade.
Lithium in Latin America Peru sees lithium mining opportunity in Chile’s statist plan 28-04-2023 11:14 Peru seeking a more active role in trying to lure lithium mining investments in light of Chile’s decision to take state control of all new projects of battery metal.
MINING & INDUSTRY Theft of US$1 million in gold suspends Argentina mine project 18-04-2023 08:48 Thieves break into the gold room at Patagonia Gold's Cap-Oeste Project in Santa Cruz Province escape with about 500 ounces of gold.
MINING Lundin weighs strategic partner for copper project in Argentina 29-03-2023 12:07 Lundin Mining Corp is in talks with prospective partners for a copper deposit in Argentina as the industry battles to meet demand for the wiring metal in the shift away from fossil fuels.
MINING & INDUSTRY Lithium boom delivers job growth to Argentina’s mining industry 28-03-2023 15:09 National industry industry has now recorded 28 consecutive months of job creation growth, with more than 37,000 workers now employed in the sector.
UNITED NATIONS UN report criticises ‘structural discrimination’ against Argentina's indigenous 23-03-2023 17:43 United Nations Working Group on Business and Human Rights highlights repeated “evictions and violent interventions” in new report. by Api Dhadda
Lithium in Latin America Government moves to stop wetlands bill from foiling lithium boom 07-03-2023 13:07 Government in talks with firms, policy makers to prevent wetlands-protection bill from slamming brakes on lithium exploration.
Copper boom? Argentina’s copper rush lures top power generator Central Puerto 07-03-2023 11:11 One of Argentina’s biggest power producers is trying to get in on the nation’s copper boom as the rush for key metals in the global energy transition accelerates.
Lithium in Latin America South America steps up efforts to turn lithium into batteries 06-03-2023 14:22 Argentina, Chile, Bolivia and Brazil plan to coordinate action on turning more of the region’s mined lithium into battery chemicals, as well as moving into manufacturing of batteries and EVs.
LITHIUM MINING Rio battles high-bidding carmakers in hunt for lithium deals 22-02-2023 12:12 Rio Tinto Group, one of the world’s most profitable companies, faces a tough battle to grow its lithium business, with some of the biggest carmakers seeming to be willing to outbid it for a “very expensive” price.
INDIGENOUS RIGHTS 'Operation Exodus': Brazil miners flee Yanomami land 09-02-2023 10:14 President Luiz Inácio Lula da Silva orders Brazil's military to establish a no-fly zone around the Yanomami reservation, where indigenous leaders say illegal miners have poisoned the water with mercury, destroyed the rainforest and raped and killed inhabitants.
Bloomberg Australian billionaire eyes investment in Argentina energy or mining 01-02-2023 23:50 Australian billionaire James Packer explored investment options during a dinner late last year at a race track in Buenos Aires with businessmen and politicians including Economy Minister Sergio Massa, according to sources.
Bloomberg Glencore’s new-mine taboo may finally end with Argentina copper 05-12-2022 13:29 Glencore Plc is moving closer to building a giant copper project in Argentina in a move that would reverse a long-held aversion to developing big new mines.
CLIMATE CHANGE Greening global economy brings dependence on critical minerals 27-10-2022 15:52 Experts worry that the global transition to clean energy is creating new dependencies on the critical minerals needed for solar panels, wind turbines and electric vehicle batteries.
MASSA’S TRIP TO WASHINGTON Report: Argentina may request new loan from IMF’s ‘resilience’ trust 25-08-2022 17:00 Planning for Economy Minister Sergio Massa’s trip to the United States ramps up, with IMF talks leading the agenda.
FARC Colombian forces kill FARC dissident leader 18-07-2022 14:19 Death of rebel leader Nestor Vera described by Colombian government as “final blow” to FARC.
Amazon Rainforest Brazilian Amazon lost 18 trees per second in 2021 18-07-2022 13:18 18 trees lost per second from Brazilian Amazon in 2021, according to new report. Deforestation is up 20 percent.
INDUSTRIAL ACTION Workers in Chile strike at world's largest copper producer 22-06-2022 14:26 Workers at Chile's state mining company Codelco launched "indefinite" strike on Wednesday, protesting the closure of a foundry.
BLOOMBERG Investors circle idled Río Colorado mine as war reshapes fertiliser trade 14-06-2022 14:45 Potential investors are hovering over a giant potash project in Mendoza Province at a time when Russia's invasion of Ukraine is reshaping the global fertiliser trade.
Bloomberg The trouble with lithium 01-06-2022 13:43 Lithium, the wonder metal at the heart of the global shift to electric cars, is in a full-blown crisis. Demand has outstripped supply, pushing prices up almost 500% in a year and hindering the world’s most successful effort yet to halt global warming.
Bloomberg Chile to cushion the blow of glacier ban on giant copper mines 24-05-2022 15:08 Chile’s government is looking at a gradual implementation for a proposed ban on mining near glaciers in order to limit the impact on some of the world’s biggest copper mines and their planned projects.
BLOOMBERG Hunt for lithium sparks frantic rush into Argentina's mountains 24-05-2022 13:20 Looming shortage of lithium, key for electric vehicles, gives Argentina a chance to become a mining mecca.
FEATURE China, US are in a space race to make billions from mining the moon's minerals 22-05-2022 14:03 The world’s top superpowers aren’t cooperating on rules of the road for extracting resources in outer space.
Bloomberg Argentina must move faster to realise potential, top miner says 19-05-2022 14:20 Canadian mining entrepreneur Rob McEwen urges Argentina to move forward with legislative changes that would increase the nation's attractiveness to investors.
BLOOMBERG As rivals turn screws on mining, Argentina puts out welcome mat 11-05-2022 23:35 Government turns to capital-control loopholes and tax breaks, eyeing export boost as neighbours look to raise mine taxes.
Lithium in Latin America Mexico seeks lithium ‘partnership’ with Argentina, Bolivia and Chile 03-05-2022 14:32 Mexico seeking alliance with Argentina, Bolivia and Chile to share experiences regarding exploitation of lithium, President Andrés Manuel López Obrador said Tuesday.
BLOOMBERG Crypto miners threaten frail energy grid at the end of the world 29-04-2022 08:20 Argentina’s crypto frenzy is putting the energy grid of a small province in Patagonia near a breaking point.