Dubai firm to invest US$550M in Argentinian lithium project
United Mining Projects Corporation, through Marhen Lithium, wants to develop the Rio Grande Sur lithium brine salar project in Catamarca.
South America
‘World record’ rare earths recovery at Colossus: Viridis
The company stated that it has achieved the highest overall bulk ionic recoveries globally, with rates as high as 67%, in its Colossus project in Brazil.
Reunion Gold inks key deal with Guyana
South America-focused explorer Reunion Gold (TSXV: RGD) has reached a key agreement with the government of Guyana, ensuring stable fiscal and operating conditions for its Oko West gold project’s lifespan…
Solaris Resources inks fresh deal with Ecuador communities
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has reached an updated agreement with local communities covering benefits and impacts related to its flagship Warintza copper project in southeast Ecuador. The improved deal, signed…
Rio Tinto to favour building new copper mines over M&A, exec says
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing 1 million tonnes of the metal…
Codelco to benefit from entry into lithium business, says Moody’s
On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.
Video: Resource Capital Funds partner on how juniors can survive the capital crunch
Private equity brings countercyclical investment strategies that can be a lifeline for junior explorers and miners in a down market, Resource Capital Funds partner and head of credit David Halkyard…
Horizonte Minerals fails to secure cash for nickel mine, shares plunge
The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.
Vale operations in Brazil now 100% renewable energy-powered
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years earlier than the scheduled target of…
SolGold reaches deal with Ecuador on Cascabel development, financing
SolGold (LSE: SOLG; TSX: SOLG) said on Friday it had reached an agreement with the Ecuadorian government covering “certain financial terms and conditions”, along with a 33-year renewable permit to…
Lithium Ionic expands Brazil resources by a quarter
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) says it has grown its combined resources at the Salinas and Bandeira projects in Minas Gerais state, Brazil by 26%. The Bandeira project holds 23.7 million…
CleanTech Lithium CEO steps down amid loan issue
Chile-focused explorer and developer CleanTech Lithium (LSE: CTL) accepted on Friday the resignation of its CEO, Aldo Boitano, who was suspended earlier this week for failing to disclose a share-backed…