Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
South America
Lundin Mining puts zinc expansion on hold to prevent spread of coronavirus
Lundin Mining (TSX: LUN) has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face…
Neo Lithium produces battery grade lithium in Argentina
Neo Lithium (TSXV: NLC) has produced battery grade lithium carbonate at its pilot plant in Fiambalá using concentrated brine from its wholly owned Tres Quebradas lithium project in Argentina. The…
Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head…
Max Resources hails new Cesar discovery
Max Resources (TSXV: MXR; US-OTC:MXROF) has discovered a high-grade outcrop at its wholly owned Cesar copper-silver project in northeastern Colombia, about 140 km north of the capital, Bogota. The Cesar…
Nexa completes PEA for Hilarion in Peru
Nexa Resources (TSX: NEXA; NYSE: NEXA) has released a preliminary economic assessment (PEA) for a potential underground mine at its Hilarion project in Peru — one of the largest undeveloped…
SQM reports lower profits on weak lithium price
Sociedad Quimica y Minera or SQM (NYSE: SQM), the world’s second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in batteries that power electric vehicles…
PDAC: Toronto stock exchanges sign MOU with Brazilian Mining Association
The Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) have signed a memorandum of understanding (MOU) with the Brazilian Mining Association (IBRAM) that seeks to increase investment in the…
AI pays off for Yamana, Goldspot at El Penon
GoldSpot Discoveries (TSXV: SPOT) issued a statement commending Yamana Gold (TSX: YRI; NYSE: AUY) for using machine learning technology to improve exploration targeting and contribute to meaningful increases in mineral…
‘Time to load up’ on gold equities, Haywood says
With gold breaking through US$1,600 per oz. – “a key long-term resistance zone” – analysts at Haywood Securities recommend “increasing tactical exposure to gold and gold miners” and “particularly juniors.”…
Global Exploration Snapshot: West Africa and South America remain popular
Rising gold prices and better operational and financial discipline are motivating companies more than ever to seek new ounces to fill their production pipelines. Below is a look at eight…
TSX Venture drops, Feb. 17-21: K92, Great Bear, New Pacific, Novo Resources
The S&P/TSX Venture Composite Index fell 2.14% to 582.67 and gold finished the week at US$1,643.00 per oz., up US$59.40 per ounce. Drill results from the Kora North Extension of…