Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
South America
Strike at Newmont’s Peñasquito ends with 8% raise
Workers at Peñasquito, Mexico’s largest gold mine, accepted a proposal from operator Newmont (NYSE: NEM; TSX: NGT) late on Thursday, ending a four-month-long strike that cost the miner millions of dollars…
Séguéla drives Fortuna to record gold production in Q3
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) achieved a new production record during the third quarter of 2023, as its Séguéla mine in Cote d’Ivoire finished its first full quarter…
Buenaventura suspends Peru mine on permitting delays
Buenaventura (NYSE: BVN), Peru’s top publicly traded precious-metals producer, has halted its Colquijirca’s Tajo Norte zinc-lead-silver mine for up to three years due to permitting delays. The approval of a modified…
Cordoba lands bridge financing for Alacran after sealing JV with China’s JCHX in May
Vancouver-based Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has arranged US$8 million in bridge financing to advance its Alacran copper project in Colombia. Half of the amount (US$4 million) will be…
Sigma hits record daily lithium production at Grota do Cirilo
Sigma Lithium (NASDAQ: SGML, TSXV: SGML), announced on Monday that its Greentech plant in eastern Brazil has reached record daily peak production of 890 tonnes of lithium. The company said…
Vale taps BluestOne to repurpose nickel refinery waste in Brazil
Vale (NYSE: VALE) has inked a commercial off-take and non-binding deal with BluestOne, a Brazilian company that transforms waste to products for agriculture, to extract materials from its Onça Puma…
Adventus, Salazar delay construction of Ecuador project
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have delayed the start of construction at their US$250-million Curipamba-El Domo copper-gold project in Ecuador from October to the second quarter…
CleanTech Lithium kicks off exploration at two new Chilean assets
Chile-focused CleanTech Lithium (AIM: CTL) said on Friday it had received initial results from two of its exploration projects that show a subsurface brine aquifer target in the Salar de…
Codelco in talks with Australia’s Lithium Power on potential deal
Australia’s Lithium Power International (ASX: LPI) confirmed Thursday it was in talks with Chilean state-owned copper miner Codelco about a potential deal to jointly mine for the battery metal in…
Presenting a refreshed version of TNM Classic
I’m very proud to present our first issue as a monthly publication. We have several new sections and features that I’d like to draw your attention to. First, our new…
Stellantis invests US$90M in Argentina lithium explorer for nearly 20% stake
Stellantis, the automaker behind Chrysler and Alfa Romeo among others, is buying almost a fifth of Argentina Lithium & Energy (TSX-V: LIT; US-OTC: PNXLF) for US$90 million. The deal with…