Bolivia-focused Andean Precious Metals lists on TSXV
Silver producer Andean Precious Metals (TSXV: APM) listed on the Toronto Venture Exchange on March 29 with US$70 million in cash and the only producing oxide plant in Bolivia. Its…
South America
Millennial Lithium achieves high purity battery-grade lithium at Argentinian project
Millennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company’s pilot plant at its…
Vale buys Mitsui’s stake in Moatize amid plan to exit coal
Vale (NYSE: VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner…
Equinox Gold sells Brazil mine, focuses on Canadian growth
Equinox Gold (TSX: EQX; NYSE: EQX) has sold its Pilar gold mine in Brazil for US$38 million in cash as part of a portfolio optimization strategy that includes increasing its stake…
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¢…
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.