No mining allowed in six new Indigenous reserves in Brazil
Brazilian President Luiz Inácio ‘Lula’ Da Silva has issued a decree creating six new Indigenous reserves, most of them in the Amazon, that are off limits for mining. The move…
Articles by Cecilia Jamasmie
Chile’s state miner seeks US$1.5B from lithium partner
Chile’s National Mining Company (Enami) is looking for a private partner to contribute with a US$1.5 billion-investment and knowledge to develop its lithium assets. The state miner Enami will be…
Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
Glencore (LSE: GLEN) said on Thursday is buying a 30% stake in Brazil’s alumina refinery Alunorte from Norwegian aluminum producer Norsk Hydro and a 5% stake in Mineracao Rio do…
Glencore says takeover bid for Teck stands after spinoff fails
Glencore (LSE: GLEN) is far from giving up on its plan to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) as it confirmed on Thursday its bid for Canada’s largest…
Teck takes restructuring plan off the table ahead of vote
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has decided to withdraw its plan to split up the company into two — a base metals and a coal…
First Quantum’s issues in Panama hit earnings, production
First Quantum Minerals’ (TSX: FM) earnings in the first quarter of the year fell by more than 80% to US$75 million from the US$385 million recorded in the same period…
Prosper Gold goes after Mohave project in Arizona
Canadian junior Prosper Gold (TSX-V: PGX) has inked an option agreement with DS Resources and Mohave Mine Partnership to acquire a 100% interest in the Mohave gold project in Arizona,…
Anglo American’s copper output up 28% in first quarter
Anglo American (LSE: AAL) said on Tuesday that copper production jumped by 28% in the first three months of the year to 178,100 tonnes, thanks mainly to the ramp-up of its…
Horizonte says Araguaia nickel mine in Brazil is on track for early 2024 production
Horizonte Minerals (TSX: HZM; AIM: HZM) said on Monday it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024. The…
Wyloo tightens grip on nickel explorer Mincor
Wyloo Metals, a privately-held mining company owned by Australian billionaire Andrew Forrest, has secured control of nickel and gold explorer Mincor Resources (ASX: MCR) by locking in a 51.24% interest….
Argentina says new projects will boost lithium production fivefold by 2025
Argentina, the world’s fourth largest global lithium supplier, says it’s on track to reach 200,000 tonnes annual production by 2025. That’s thanks to the development of six new projects in…
Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.