Growing demand from the electric vehicle, battery and stainless steel sectors will support nickel and cobalt prices this year, according to Sherritt International, which has the Moa mine in Cuba.
On the other hand, the China Iron and Steel Association (Cisa) argues that the market has exaggerated the supply consequences of Vale's dam tragedy in Brazil.
The Brazilian steelmaker sees Vale's acquisition of Ferrous Resources as affecting competition and impacting other local iron ore miners.
The country, which is struggling to accelerate work on billions of dollars in mining projects, faces rising tensions next month as the country heads to local elections and a plebiscite on mining in the southern highlands.
The company said it is focused on advancing its pipeline of organic projects in Chile.
Companies operating in Mexico, Argentina and Peru published results from their exploration programs.
Companies issue corporate updates relating to gold projects in Chile, Ecuador, Guyana, French Guiana and Peru.
First Quantum reports first ore to mill at Cobre Panamá
However, Asian analysts reportedly confirmed that iron ore supply to China remains stable at the moment.