NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
South America
Silver X secures $2M from Trafigura to support Peru copper expansion
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) has secured a $2-million loan from commodities trading giant Trafigura to support the expanded production of copper from its Nueva Recuperada project in…
Lundin targets top-10 copper miner status
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…
Rainbow Rare Earth, Mosaic study REEs in Brazil
Rainbow Rare Earths (LSE: RBW) and fertilizer giant Mosaic (NYSE: MOS) are testing the economics of recovering rare earth elements (REEs) from waste stacks at their Uberaba phosphogypsum joint venture…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Vale gets initial license for Bacaba copper project
Vale (NYSE: VALE) says authorities have granted a preliminary environmental licence for its Bacaba copper project in Brazil. The miner expects to invest about $290 million (C$393 million) during the…
Infographic: Rare earth extraction spheres of control
The second edition of our Rare Earths series breaks down global extraction at the mine level, country by country. It then regroups those nations into five geopolitical spheres of control: the American Sphere, Chinese Sphere, Russian…
Soma Gold drills high grades at Colombia mine
Drilling by Canada’s Soma Gold (TSXV: SOMA; US-OTC: SMAGF) at its Cordero mine in central Colombia returned a highlight result of 7.5 grams per tonne gold over six metres. That intercept,…
Site visit: Cerro de Pasco Resources aims to green the Andes by mining silver-zinc tailings
CERRO DE PASCO, PERU — Standing on a hilltop over central Peru’s Cerro De Pasco at 4,300 metres above sea level, two sites are visible that show the mining city’s…
Hochschild shares plunge on Brazil mine shutdown
Shares in Hochschild Mining (LSE: HOC) fell by more than a fifth on Tuesday, their steepest drop since November 2021, after it announced a six-week halt of processing operations at…
G2 Goldfields drills high grades in new area in Guyana
Drilling by G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) has returned results as high as 13.5 metres grading 4 grams gold per tonne at the company’s New Oko discovery area in northeast…