SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned…
sqm
Orocobre and Galaxy Resources to merge in $3B deal
Lithium miners Galaxy Resources (ASX: GXY) and Orocobre (TSX: ORL; ASX: ORE) have agreed to a merger that would create a US$3.1 billion (A$4 billion) company, set to be the world’s fifth largest producer…
Water rights under scrutiny in Chile’s Atacama Desert
In one of the world’s driest deserts, the battle for water is heating up. Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and other minerals are increasingly finding…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index rose 1.3% to 191.66, while…
Lithium Chile spins out base metals
Although Lithium Chile (TSXV: LITH) has been a lithium-focused company since 2015, that wasn’t always the case. It went public in 2011 under the name Kairos Capital, and did so…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to 78.35, and the Dow Jones…
Productivity, cost concerns weigh on Chile’s miners
Productivity concerns, high costs and unmet landowner expectations are some of the problems foreign mining companies face in Chile — a country responsible for a third of the world’s copper…