Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
Articles by Cecilia Jamasmie
Nutrien freezes potash output ramp up, US ammonia project on weak market
Nutrien (TSX: NTR; NYSE: NTR), the world’s largest potash producer, is indefinitely pausing plans for ramping-up output and will also halt work on its clean ammonia project at Geismar, La.,…
Capstone Copper building copper-cobalt district in Chile
By integrating its Mantoverde and Santo Domingo mines it expects to churn out 200,000 tonnes of copper and 6,000 tonnes of battery-grade cobalt a year.
Botswana Diamonds to begin production in South Africa
A test-run at Botswana Diamonds‘ (LSE: BOD) Marsfontein project in South Africa has positioned the company to begin commercial production at Thorny River later this year, it said on Thursday….
Canadian deep-sea miner TMC to seek licence in 2024
Canada’s The Metals Company (NASDAQ: TMCWW) is ready to apply next year for a licence to start mining the seabed, with production expected to start as early as the fourth quarter of…
ASM inks deal to sell rare earths to US magnet maker
Australian Strategic Materials (ASX: ASM) has inked a five-year agreement to supply neodymium iron boron (NdFeB) alloy from its Korean Metals Plant (KMP) to magnet maker USA Rare Earth LLC….
Hochschild granted key permit for Inmaculada mine in Peru
Hochschild Mining (LSE: HOC) shares jumped 17% in London after the company announced the approval of a modified Environmental Impact Assessment for its flagship Inmaculada gold-silver mine in southern Peru….
Ecuador court halts referendums on mining, oil projects
Ecuador’s constitutional court has temporarily suspended President Guillermo Lasso’s decree allowing environmental consultations for mining and oil projects, which sought to speed up permitting before the end of his term…
Rio Tinto inks earn-in deal for lithium project in Rwanda
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is making its first foray into Rwanda by signing an earn-in investment and joint-venture agreement with African-focused Aterian (LSE: ATN) to develop…
Lithium Americas shareholders approve split
Lithium Americas (TSX: LAC; NYSE: LAC) is going ahead with a planned separation of its North American and Argentinean businesses into two independent public companies, after shareholders approved the split…
Patriot Battery posts first Corvette lithium resource, shares dip
Patriot Battery Metals (TSXV: PMET; ASX: PMT) has delivered the long-awaited maiden resource estimate for the CV5 pegmatite at the Corvette lithium project in James Bay, Que., saying that results…
Rio Tinto, Codelco join forces to find more copper in Chile
Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in…