Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
South America
Wealth Minerals and Rosatom sign MOU
Russia’s state nuclear group Rosatom and Canada’s Wealth Minerals (TSXV: WML) are working towards a partnership at the junior’s Atacama lithium project in northern Chile. The two companies signed a memorandum…
Atlantic Nickel plans 2020 production at Santa Rita in Brazil
Atlantic Nickel has updated the resource estimate for its wholly owned Santa Rita nickel-copper-cobalt restart project in Bahia, Brazil. Based on a 30,785 meter infill drill program, updated open-pit measured…
SolGold discovers porphyry system in Ecuador
SolGold has discovered a new copper-gold-silver-molybdenum porphyry system at its wholly owned Cisne Loja project in southern Ecuador. The company says it found mineralized outcrops that indicate the presence of…
Horizonte releases PFS on Vermelho
Vermelho — one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world — will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX:…
TSX Venture posts small gain, Oct. 14-18: Novo Resources, New Pacific Metals, BonTerra, Cobalt 27
The S&P/TSX Composite Index rose 0.30% to 542.43 during the trading week. Spot gold finished at US$1,489.60, up 80¢. Novo Resources jumped 33¢ to $2.80. The company recently reported positive…
US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
Sprott Asset Management invests $2M in Kootenay Silver
Kootenay Silver (TSXV: KTN; US-OTC: KOOYF) has announced a $2-million investment from Sprott Asset Management through a non-brokered private placement of 7.7 million units at 26¢ per unit. Each unit consists…
Lithium Americas feasibility boosts production capacity at Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has released an updated feasibility study that boosted the production capacity of Caucharí-Olaroz lithium project in Argentina’s Jujuy province to 40,000 tonnes per annum from 25,000…
Blockade resumes at Newmont Goldcorp’s Peñasquito mine
Newmont Goldcorp (TSX: NGT; NYSE: NEM) has temporarily halted operations at its Peñasquito mine in Mexico, following the resumption of an illegal blockade. This is the latest blockade to disrupt the mine since…
Site visit: Continental stays on track at Buritica
BURITICA, COLOMBIA — It has been one year since The Northern Miner last toured the Buritica gold project, and the interim has been a critical period for Continental Gold (TSX:…
Is Chile losing ground in the lithium space?
Chile should lead the world in lithium production. The Salar de Atacama in northern Chile is the world’s largest and richest lithium resource, containing almost half the world’s known reserves,…