Marimaca Copper raises A$80M
Marimaca Copper (TSX: MARI; ASX: MC2) has secured approximately A$80 million (C$72 million) in funding commitment from investors outside of Canada for its projects in Chile’s Antofagasta region. Under the…
South America
Silver Top 20: Hycroft Mining leads results this year
Our TNM Drill Down features highlights of the top 20 silver assays of the year to June 30. Drill holes are ranked by silver grade times width. Drilling in three…
Opinion: US mineral strategy turns to Africa
What do Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal all have in common? They’re all countries located along Africa’s west coast. But they’re also small; collectively, these five countries have an…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
Brazil probes Anglo’s $500M nickel sale to China’s MMG
Brazil’s competition authority has launched an investigation into Anglo American’s plan to sell its nickel operations in the country to China’s MMG for up to $500 million. The probe, first…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…
Aris Mining rises on Soto Norte study
Aris Mining (TSX: ARIS; NYSE-A: ARMN) has released a prefeasibility study for its Soto Norte gold project in Colombia, outlining the characteristics of both a profitable and environmentally friendly mine…
Aclara nets $5M US funds for Brazil rare earths
Aclara Resources (TSX: ARA) has received financial backing from the U.S. government for one of its two rare earth assets in the Americas, the latest example of Western nations attempting…
Capstone repairs slim Mantoverde copper output
Capstone Copper (TSX: CS; ASX: CSC) has warned of a temporary output hit at its Mantoverde sulphide operation in Chile after both ball mill drive motors on the site failed…
SolGold shifts to Swiss HQ, fast-tracks Cascabel
Ecuador-focused SolGold (LSE: SOLG) has moved its tax domicile to Switzerland as it pushes its flagship Cascabel copper-gold project into development. The shift, effective August 28, includes the relocation of…
American Lithium wins Peru court battle
American Lithium (TSXV: LI; US-OTC: AMLIF) surged by nearly 20% after winning a legal battle in Peru that’s been holding up one of world’s largest and potentially lowest-cost uranium developments…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…