TSX Venture drifts lower over May 15-19
The S&P/TSX Venture Composite Index fell 5.05 points or 0.8% over the May 15-19 trading session to close at 612.79. Surge Battery Metals gained 12¢ to end the week at…
South America
US indexes gather pace during May 15-19 trading week
The Dow Jones Industrial Average gained 126.01 points or 0.4% to 33,426.63 and the S&P 500 added 67.9 points or 1.6 % over the week to 4,191.98. Among the week’s…
Alpha Lithium rejects buyout bid by Spanish firm
Tecpetrol said it was prepared to engage with Alpha “immediately” and improve its $178 million (C$241m) all-cash offer.
TNM Drill Down: Ramelius at Mt. Magnet posts week’s best gold assay
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…
Ecuador, Colombia and Peru Snapshot: Eight companies pursuing copper, gold and more
While geopolitical risk in South America is growing, Ecuador, Colombia and Peru remain mineral-rich hot spots with excellent potential for new discoveries. Here are eight junior companies searching for tomorrow’s…
Zijin Mining halts Colombia gold mine on deadly bombing attack
Zijin Mining has halted operations at its Buriticá gold mine in Colombia after a bombing attack by illegal miners killed two people and injured another 14, including four national police…
Hudbay holds firm on Peru, even as focus turns to North America
Hudbay Minerals (TSX: HBM; NYSE: HBM) says it wants to maintain its long-term exposure to politically volatile Peru as its short-term focus turns, for the time being, to completing an…
Marimaca Copper’s resource revamp lobs it into the ‘globally significant’ arena, says CEO
Marimaca Copper (TSX: MARI) has reported a 44% lift in measured and indicated resources at its Marimaca Oxide Deposit (MOD) in Chile that will underpin an expanded operation in an…
Miners in Chile to pay more taxes as long-awaited reform approved
Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay more taxes and royalties to…
Discovery-geared Collective pries more porphyry secrets from Guayabales
Since going public in May 2021, Colombia-focused Collective Mining (TSXV: CNL) has made four notable discoveries, including the Apollo high-grade porphyry system last June. Its share price has reflected its…
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Chile to negotiate with lithium partners on case-by-case basis, says mining minister
Chile’s mining minister Marcela Hernando clarified the country had announced a strategy, not a policy.