BHP, Vale reach US$30B Fundão dam settlement
The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.
South America
Arkansas lithium projects heat up with royalty battle, huge underground resource
As Arkansas contends with booming lithium discoveries and investments by ExxonMobil (NYSE: XOM), Albemarle (NYSE: ALB) and Standard Lithium (TSXV: SLI) among others, the state faces a battle over the amount of…
Omai Gold fast-tracks Guyana drilling to speed resource update
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has added a third drill rig at its namesake Guyana project as it aims to update the resource and the project’s preliminary economic…
BHP tops all miners in Forbes list of world’s best employers
Australian miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has earned a spot in Forbes list of the world’s best employers of 2024, placing best amongst all peers in the…
Collective’s new high-grade find could lift Guayabales economics, analyst says
Collective Mining (TSX: CNL; NYSE: CNL) says it’s discovered a new high-grade gold zone about 1 km deep at the Guayabales project in Colombia that can increase its resource. The find,…
Silvercorp, Salazar to kick off Ecuador mine construction in early 2025
Silvercorp Metals (TSX: SVM; NYSE: SVM) and Salazar Resources (TSXV: SRL) are gearing up to kick off construction of their Curipamba-El Domo copper-gold mine in Ecuador in early 2025. After receiving…
Hochschild posts best quarterly results in five years as new Brazil mine ramps up
Shares in precious metals producer Hochschild Mining (LSE: HOC) jumped on Wednesday after it posted its best quarterly performance in almost five years, thanks mainly to its Mara Rosa mine…
Serra Verde makes global list of critical projects, banks US$150M investment
Brazil-focused Serra Verde Group has gained a US$150 million investment and earned a spot on the Minerals Security Partnership’s (MSP) global list of projects considered crucial to the global energy…
Liability trial for BHP in Samarco dam collapse begins in London
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) faces a potential US$47-billion payout in damages over the 2015 Mariana Dam disaster in Brazil, believed to be the country’s most catastrophic environmental…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
G Mining-Reunion Gold spinout Greenheart raises $36M for exploration
Greenheart Gold (TSXV: GHRT) shares gained 10.5% Friday after it said it had closed a $36-million, upsized private placement to fund exploration at its projects in the Guiana Shield. The…
Site visit: Liberty Gold fast tracks past-producing Black Pine in Idaho
Salt Lake City, Utah – Liberty Gold’s (TSX: LGD) vice-president of exploration, Peter Shabestari, skillfully navigates steep turns around sheer rock faces at the company’s Black Pine Mountain gold project…