Equinox Gold sells massive stake in Solaris Resources
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has sold 11 million common shares in Solaris Resources (TSX: SLS) for aggregate gross proceeds of $70.4 million, cutting its ownership to less than…
South America
Lake Resources shares dip on another short-seller report
Lake Resources (ASX: LKE) shares fell nearly 3% after short seller J Capital Research released a new report questioning the purported success of the lithium junior’s direct lithium extraction (DLE)…
Lithium Chile nearly doubles Salar de Arizaro resource
Calgary-based Lithium Chile (CVE: LITH) has announced an updated resource for its Salar de Arizaro asset in Argentina that has increased overall lithium carbonate equivalent (LCE) tonnage by 81%. With…
TSX, mining and metal indices see gains during Nov. 28–Dec. 2 trading week
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell could…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town hall held in the town…
Brazil to let private sector mine for uranium
Brazil’s lower house has approved a constitutional reform that authorizes the private sector to enter the uranium sector, which is currently the exclusive responsibility of state-run Indústrias Nucleares do Brasil (INB)….
Bravo’s Brazilian PGM project finds higher grades than Vale years ago
Bravo Mining (TSXV: BRVO; OTCQX: BRVMF) is confirming the potential of its Luanga platinum group metals project in northern Brazil by re-sampling old drill cores collected by former owner Vale…
TNM Drill Down: Lundin leads week’s top assays with Fruta del Norte in Ecuador
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
BHP averts strike at world’s biggest copper mine
Unionized workers at Escondida mine in northern Chile have accepted BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) latest offer and will not move forward with a strike that was planned for…
Austral Gold sells Pinguino project in Argentina to ASX-listed E2 Metals
Austral Gold (TSXV: AGLD; ASX: AGD) is selling its Pinguino polymetallic project in Argentina to E2 Metals (ASX: E2M) for US$10 million in cash and shares, the companies said on…