Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…
South America
Aura secures $200M loan for Americas growth
Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent…
Venezuela’s $4B gold stash closer to leaving London
Venezuela’s government and a faction of the opposition are nearing an agreement that could move about $4 billion of the country’s gold from the Bank of England to U.S. custody,…
Billionaire’s buying spree stretches beyond iron ore
Gina Rinehart’s Hancock Prospecting has made a string of investments over the past year, building exposure to rare earths, copper, gallium, antimony and precious metals as Australia’s richest person broadens…
China’s MMG moves to ease EU concerns over $500M Anglo nickel deal
China-backed MMG (HKG: 1208) has pledged to maintain or increase nickel supplies to Europe after the European Commission formally objected to its planned purchase of Anglo American’s (LSE: AAL) Brazilian…
G Mining discovers new gold deposit in Brazil
G Mining Ventures (TSX: GMIN) disclosed a new near-surface gold discovery at its Gurupi project in Brazil as it published strong drill results from its main Tocantinzinho property in the…
Lundin Gold tax fight tests Ecuador mining rules
Ecuador’s $154-million (C$215-million) tax assessment against Lundin Gold (TSX: LUG; US-OTC: LUGDF) has opened a dispute over how the country calculates the state’s share of mining benefits. The country’s Internal…
Outcrop doubles inferred silver at Santa Ana in Colombia
Outcrop Silver & Gold (TSXV: OCG; US-OTC: OCGSF) has reported more than twice the inferred and almost a quarter more indicated silver at its Santa Ana project in Colombia than…
EU scrutiny of Anglo-MMG nickel deal tests China stance
China-backed MMG (HKG: 1208) is urging European regulators to approve its $500-million (C$690 million) purchase of Anglo American’s (LSE: AAL) Brazilian nickel business in a case that could test how…
Mineral tracking a must for industry credibility: OECD
Better traceability of critical minerals like lithium and nickel can boost the credibility and integrity of the supply chain, a new report this week by the Organization for Economic Co-operation and…
Chile bill targets foreign cash for next mining boom
Chile is opening its capital markets to junior explorers as the world’s top copper producer and second-largest lithium supplier seeks more investment to fund new mineral discoveries. The Senate-approved bill,…
BHP, KGHM join forces in global hunt for copper
BHP (ASX, LSE, NYSE: BHP), the world’s largest miner, and KGHM Polska Miedź (WSE: KGH) are joining forces to hunt for new copper deposits globally as demand for the metal…