Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
South America
Barrick sells Chile gold project to Boroo for $50M
Barrick Mining (NYSE:B; TSX:ABX) is selling its Alturas gold project in Chile to a Singapore-based unit of Boroo for $50 million (C$69 million) in cash, plus a 0.5% net smelter…
Infographic: Antimony spheres of control
Antimony is a critical mineral—vital for military applications and ammunition, as well as in batteries and semiconductors —yet its global supply is overwhelmingly controlled by China and Russia. In today’s geopolitically charged world, access to antimony is as…
Quake kills six at Codelco copper mine in Chile
Codelco says all of the five workers trapped at one of the world’s largest underground copper mines have been pronounced dead plus another who died when a powerful tremor caused…
Lundin Gold strikes Fruta del Norte bonanza
The latest conversion drilling at Lundin Gold’s (TSX: LUG; Nasdaq Stockholm: LUG; US-OTC: LUGDF) Fruta del Norte mine in Ecuador has returned results as high as 9 metres grading nearly…
Canada’s Voisey’s Bay, Sudbury expansions boost Vale nickel, copper output
Vale’s (NYSE: VALE) Canada operations led its second-quarter performance with a 44% rise in nickel output at Voisey’s Bay in Labrador and higher output at its Sudbury operations. Nickel sales…
Rescuers still can’t reach Chile copper mine fall
Emergency teams still haven’t reached an earthquake-triggered copper mine collapse in Chile that killed one worker and left five others missing, according to state-run mining giant Codelco. Rescuers as of…
AbraSilver adds one-third more metal at Diablillos
AbraSilver Resource (TSXV: ABRA; US-OTC: ABBRF) has boosted measured and indicated resources at its Diablillos project in Argentina by 34% for silver ounces and 14% for gold, according to an…
Upcoming Valeriano resource update to lift Atex shares
Atex Resources’ (TSXV: ATX) upcoming resource update for the flagship Valeriano project in northern Chile, slated for release by year-end, could prove to be an inflection point as the company…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Chile election puts mining sector’s future on the line
On November 16, Chileans will head to the polls to elect their next president, who will govern until 2030 – and in doing so, set the course for the country’s…
Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…