Vision Blue injects US$40M into PNG lime project
Vision Blue Resources (VBR), a U.K. investment fund focused on battery and technology metals, has agreed to pay US$40 million ($53.8 million) to junior Mayur Resources (ASX: MRL) for a…
Articles by Cecilia Jamasmie
Chile’s President blocks push for private lithium concessions
Chile’s President Gabriel Boric has vowed to block a proposal by conservative lawmakers seeking to let private companies mine the country’s vast lithium reserves. Boric announced earlier this year a…
Chaarat Gold mulls sale of Kapan, its only operating mine
Chaarat Gold Holdings (LSE: CGH), the company that once tried buying Centerra’s Kumtor mine in the Kyrgyz Republic, revealed on Friday that it’s considering the sale of its only operating mine, Kapan,…
New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…
Ecuador’s president asks court to resume environmental consultations
Ecuador’s President Guillermo Lasso has asked the country’s constitutional court to revoke a decision issued last week to suspend a decree enabling environmental consultations prior to issuing mining licences. Popular…
Cornish Lithium secures initial $67M to keep UK project alive
The much-needed funding will allow Cornish Lithium will allow it to progress its Trelavour project to a construction-ready status.
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…
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…