Serabi Gold’s Coringa project in Brazil hit by court ruling
Shares in Serabi Gold (TSX: SBI; LSE: SRB) fell today after a Brazilian judge ruled that no future licenses or titles should be granted to the company until it is proven…
South America
Yamana Gold goes ahead with expansion at Brazil mine
Yamana Gold (TSX: YRI; NYSE; LSE: AUY) is going ahead with a planned phase two expansion of its Jacobina mine in Brazil after authorities granted it a permit to increase…
Sigma Lithium kicks off construction of largest hard rock project in the Americas
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has begun building the production plant foundation and infrastructure for its Grota do Cirilo lithium project in Brazil, the largest hard rock lithium deposit in…
Brazil names Belo Sun Mining’s Volta Grande “strategic” project
Brazil has selected Belo Sun Mining’s (TSX: BSX) proposed Volta Grande gold mine for its investment partnership programme (PPI), which supports projects producing mineral and metals deemed strategic for the country….
JV Article: Solaris Resources expands mineralization at Warintza in Ecuador
Canadian explorer Solaris Resources (TSX: SLS; US-OTC: SLSSF) holds a portfolio of copper and gold projects in the Americas, with properties in Ecuador, Peru, Chile and Mexico. The Vancouver-headquartered junior is focused…
Tailings pond collapse affects world’s highest human settlement
The collapse of a tailings facility in Peru’s Ananea district has destroyed a segment of the main road that connects the area with the neighbouring La Rinconada district, the highest…
Hochschild’s rare earths spin-off Aclara to start trading in Toronto
Aclara Resources will begin trading on the Toronto Stock Exchange under the ticker “ARA” on Dec. 10.
MMG to shut down Las Bambas copper mine by mid-December
Chinese miner MMG will end copper production from its Las Bambas mine in Peru by mid-December following months-long road blockades that have prevented essential supplies from reaching the operation, forcing…
Yamana Gold ups production targets after find in Quebec
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.
Global shift to ‘green steel’ will require US$278B investment by 2050: report
The global steel industry could be almost completely decarbonized by 2050 with an investment of US$278 billion in clean capacity and retrofits to existing production, according to BloombergNEF’s new report, Decarbonizing Steel: A Net-Zero Pathway. A move…
Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Report: Large gold miners contributed US$38B in GDP to local economies in 2020
Large scale gold miners make a big contribution to local economies, with a research report released by the World Gold Council today putting some numbers to that contribution. According to the report, The Social and Economic…