TSX Venture down, April 12-16
The S&P/TSX Venture Composite Index fell 1.55% to finish the trading week at 944.46. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce. Gold Mountain Mining climbed 48¢…
South America
Glencore shareholders revolt over CEO’s pay
Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to…
Anglo American to run South America mines 100% on renewables
Anglo American (LSE: AAL) has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on its promise of powering all…
Macquarie joins peers on bullish lithium prices outlook
Lithium shares are on a roll after investment bank Macquarie (ASX: MQG) joined peers in predicting a further increase in prices for the key battery metal driven by increasing demand…
Eloro drill program continues to outline potential ‘world class’ silver-tin deposit in Bolivia
Eloro Resources (TSXV: ELO) has released results from five holes drilled at its Iska Iska silver-polymetallic deposit in southern Bolivia, where a 50,000-metre drill program is underway. Highlights from drilling…
Pro-foreign investment Lasso wins Ecuador presidential election
Guillermo Lasso, a 66-year-old conservative former banker, has won Ecuador’s presidential election with 52.5% of the vote, beating out Andrés Arauz, a 36-year-old leftist handpicked by former President Rafael Correa….
In the midst of a presidential election, Peru mining sector reports mixed results
Codelco takes Ecuador to arbitration over stalled joint project
Chile’s copper giant has requested international arbitration with Ecuador and its state-miner over the Llurimagua project.
JV Article: Los Cerros advances exploration program at its Quinchia gold project in Colombia
Los Cerros Limited (ASX: LCL) has announced results from an exploration program ongoing at its 100%-owned Quinchia gold project. The company has been drilling for gold in the hills of…
Rusoro to pursue $1.5B award against Venezuela following French Supreme Court ruling
The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted…
TSX Venture up, March 29-April 1
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce. Rusoro Mining rose 2¢ to…
Vale sells New Caledonia nickel assets to Trafigura
Vale (NYSE: VALE) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity…