RANKED: World’s largest clay and hard rock lithium projects
The lithium market has been in turmoil with dramatic price swings over the last few years as demand from electric cars take off and global supply growth tries to keep up. Junior…
South America
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…
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…
Lithium Chile PEA gives NPV of US$1.1B for Arizaro project in Argentina
Lithium Chile‘s (TSXV: LITH; US-OTC: LTMCF) Salar de Arizaro project in northern Argentina could produce 25,000 tonnes per year of battery-grade lithium carbonate equivalent (LCE) over 19 years, according to…
Lundin’s Fruta del Norte drilling could ‘open doors’ to resource growth
Lundin Gold’s (TSX: LUG) largest drill program since 2007 in the Fruta del Norte (FDN) district in southeast Ecuador has confirmed the continuity and expansion potential of recent discoveries Bonza…
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.
How Rainbow Rare Earths plans to bootstrap itself onto the global stage
Rainbow Rare Earths (LSE: RBW) is making strides in the rare earths sector as its Phalaborwa project in South Africa underpins an aggressive international growth strategy. While pilot-scale production at…
Hochschild granted key permit for Inmaculada mine in Peru
Hochschild Mining (LSE: HOC) shares jumped 17% in London after the company announced the approval of a modified Environmental Impact Assessment for its flagship Inmaculada gold-silver mine in southern Peru….
Ecuador court halts referendums on mining, oil projects
Ecuador’s constitutional court has temporarily suspended President Guillermo Lasso’s decree allowing environmental consultations for mining and oil projects, which sought to speed up permitting before the end of his term…
Lithium Americas shareholders approve split
Lithium Americas (TSX: LAC; NYSE: LAC) is going ahead with a planned separation of its North American and Argentinean businesses into two independent public companies, after shareholders approved the split…
Rio Tinto, Codelco join forces to find more copper in Chile
Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in…