Aclara nets $5M US funds for Brazil rare earths
Aclara Resources (TSX: ARA) has received financial backing from the U.S. government for one of its two rare earth assets in the Americas, the latest example of Western nations attempting…
South America
Capstone repairs slim Mantoverde copper output
Capstone Copper (TSX: CS; ASX: CSC) has warned of a temporary output hit at its Mantoverde sulphide operation in Chile after both ball mill drive motors on the site failed…
SolGold shifts to Swiss HQ, fast-tracks Cascabel
Ecuador-focused SolGold (LSE: SOLG) has moved its tax domicile to Switzerland as it pushes its flagship Cascabel copper-gold project into development. The shift, effective August 28, includes the relocation of…
American Lithium wins Peru court battle
American Lithium (TSXV: LI; US-OTC: AMLIF) surged by nearly 20% after winning a legal battle in Peru that’s been holding up one of world’s largest and potentially lowest-cost uranium developments…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Marimaca Copper targets 2026 build start on new DFS
Marimaca Copper’s (TSX: MARI; ASX: MC2) definitive feasibility study (DFS) confirms the Chilean oxide project at the low end of capital intensity among South American copper builds. The DFS, released…
Omai project now second highest by gold oz in Guyana
Omai Gold Mines’ (TSXV: OMG; US-OTC: OMGGF) updated resource for its namesake project in central Guyana ranks it as the country’s second-largest undeveloped yellow metal project by contained ounces. Shares…
Pan American locks $2.1B takeover of MAG Silver
Pan American Silver (TSX, NYSE: PAAS) has secured final regulatory approval to complete its $2.1-billion (C$2.9-billion) acquisition of MAG Silver (TSX, NYSE: MAG), cementing control over one of Mexico’s most…
Brazil Potash lands offtake for giant Amazon project
Brazil Potash (NYSE: GRO) says it has secured a 10-year commercial offtake agreement with mid-tier fertilizer company Keytrade of Switzerland for the Autazes project in the Amazon, the region’s largest. …
Aldebaran suggests $1.5B to build Altar in Argentina
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says an economic study due next month on its Altar copper-gold project in Argentina will contain a $1.5-billion (C$2.09-billion) construction figure. The preliminary economic…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
GoldMining finds antimony kicker at Crucero in Peru
GoldMining (TSX: GOLD; NYSE American: GLDG) plans to leverage the antimony price’s strong rally into a new resource estimate after reviewing legacy drill results showing its Crucero project in Peru…