Rio Tinto wants lithium assets, but not at current prices
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) chief executive Jakob Stausholm says the company continues to be “very interested” in finding lithium projects to add to its portfolio, but…
South America
Chile’s lithium policy a boon to other producers
Joe Lowry, known in mining circles as “Mr. Lithium”, warns the lack of specifics in Chile’s policy likely to affect investment.
Atlas Lithium lands US$20M royalty deal for Neves project in Brazil
Atlas Lithium (NASDAQ: ATLX) saw its share price explode on Tuesday after securing US$20 million funding for its flagship hard-rock lithium project in the Lithium Valley area of Minas Gerais,…
RANKED: World’s biggest nickel projects
Nickel is a crucial component in the batteries that power electric vehicles, and as the the world shifts towards electrification, data from International Nickel Study Group shows a massive 22% year…
TNM Drill Down: Best gold assays of the week come from Fiji, Colombia and Mali
Our TNM Drill Down features highlights of the top gold assays of the past week (Apr. 21-28). Drill holes are ranked by gold grade x width, as identified by our…
No mining allowed in six new Indigenous reserves in Brazil
Brazilian President Luiz Inácio ‘Lula’ Da Silva has issued a decree creating six new Indigenous reserves, most of them in the Amazon, that are off limits for mining. The move…
Aclara Resources says revamped EIA for Chile rare earths project reduces impacts
Aclara Resources (TSX:ARA) has submitted a new environmental impact assessment (EIA) to the Chilean government for its Penco Module rare earths project, as it targets a feasibility study for 2024.The…
Chile’s state miner seeks US$1.5B from lithium partner
Chile’s National Mining Company (Enami) is looking for a private partner to contribute with a US$1.5 billion-investment and knowledge to develop its lithium assets. The state miner Enami will be…
Hudbay on track for carbon-neutral operations at Constancia in Peru
Hudbay Minerals (TSX: HBM; NYSE: HBM) says a renewable energy contract it’s inked in Peru for its Constancia copper operations marks a major milestone towards meeting its 2030 goal to…
Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
Glencore (LSE: GLEN) said on Thursday is buying a 30% stake in Brazil’s alumina refinery Alunorte from Norwegian aluminum producer Norsk Hydro and a 5% stake in Mineracao Rio do…
Teck takes restructuring plan off the table ahead of vote
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has decided to withdraw its plan to split up the company into two — a base metals and a coal…
Canada can’t build great mining companies fast enough to meet demand
Mining runs on M&A — one of the only constants in a business that’s full of uncertainty. Still, it’s been painful to watch so many home-grown metals and mining companies…