Keith Barron loans $3M to Aurania Resources
Keith Barron, who owns 53% of the common shares of Aurania Resources (TSXV: ARU; US-OTC: AUIAF), has agreed to loan the company up to $3 million to support exploration at…
South America
TSX Venture slips, April 15-19: Millennial Lithium, Novo, Superior Gold
The S&P/TSX Venture Composite Index fell 1.5% to 609.21, continuing its steady April decline. Shares of Millennial Lithium rose 18¢ to $1.75, after the company doubled the resource at its…
Millennial Lithium doubles resource at Pastos Grandes in Argentina
Millennial Lithium (TSXV: ML; US-OTC: MLNLF) has doubled the measured and indicated resource at its Pastos Grandes lithium project in Salta, Argentina. The project now contains 18 billion measured and…
Lundin Mining to buy Yamana’s Chapada mine in Brazil
Lundin Mining’s (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold’s (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production…
Miramont confirms mineralized system at Cerro Hermoso in Peru
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during a 3,600-metre drill program at its Cerro Hermoso polymetallic project in Peru. The company tested Cerro Hermoso’s Central Breccia zone,…
Orocobre and Toyota Tsusho plan lithium plant in Japan
The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of…
Lumina extends Gran Bestia gold-copper deposit in Ecuador
Lumina Gold (TSXV: LUM; US-OTC: LMGDF) has drilled its longest continuous section of mineralization at its Gran Bestia deposit in Ecuador, part of its Cangrejos gold-copper project. The company cut…
Macquarie Research assesses global iron ore market
Spot iron ore prices rose from US$75 per tonne to US$95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE) Feijao iron ore mine in…
CESCO Week: Deficits delayed in global copper market
SANTIAGO, CHILE — Mention electric vehicles and copper industry executives’ eyes dazzle like the headlights on a Tesla. As electric motors and lithium batteries replace combustion engines, cars, buses and…
Sigma Lithium, Japan’s Mitsui form strategic alliance
In 2012, A10, a leading Brazilian M&A and private equity firm, used its personal capital and partners’ funds to back Sigma Lithium Resources (TSXV: SGMA; US-OTC: SGMLF) and its hard-rock…
Filo tables study for flagship project on Chilean-Argentine border
Earlier this year, Filo Mining (TSXV: FIL; US-OTC: FLMMF) unveiled a prefeasibility study (PFS) for its Filo del Sol copper-gold-silver project, 140 km southeast of Copiapo, Chile, on the border…
US markets rise, April 1-5: Lithium Americas, Sibanye-Stillwater, First Majestic
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99….