Vale faces fresh US$3.8B lawsuit over 2015 dam disaster
Vale (NYSE: VALE) is facing a £3-billion (US$3.8 billion) lawsuit in the Netherlands related to the 2015 collapse of a dam in Brazil, adding to a long list of existing…
South America
Antofagasta lands US$2.5B loan for Centinela copper expansion
Chilean miner Antofagasta (LSE: ANTO) has secured US$2.5 billion to finance a second concentrator at its Centinela copper mine in the country’s north, which will add 144,000 tonnes a year to…
TNM Drill Down: Collective tops assays again with Guayabales project in Colombia
Our TNM Drill Down features highlights of the best gold assays of the March 8-15 period. Drill holes are ranked by gold grade x width as identified by data company…
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…
Latin America snapshot: Eight companies hunting for gold, copper and more
For centuries, Latin America has been renowned for its vast mineral potential. Here are eight companies making the most of the opportunity as they explore in Argentina, Ecuador, Mexico and…
Aclara stock surges on investment from Chilean conglomerate
Aclara Resources‘ (TSX: ARA) shares shot up to a near 52-week high after the rare earth elements (REE) developer announced an investment agreement with Chilean conglomerate CAP SA, which operates…
Reunion Gold advances on Oko West permitting in Guyana
Reunion Gold (TSXV: RGD; US-OTC: RGDFF) says it can now move ahead with permitting at its Oko West project in Guyana, as the government has accepted the terms of scope…
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…
Pampa drills long copper interval at Piuquenes in Argentina
Pampa Metals (CSE: PM; US-OTC: PMMCF) says the first drill hole at its Piuquenes project in Argentina cut more than 1% copper equivalent over nearly a third of a kilometre….
Worker’s death spurs strike at Codelco’s Radomiro Tomic mine
Unionized workers have blocked Codelco’s Radomiro Tomic copper mine in northern Chile, following the death of Ana Camila Rojas Farías in an accident on Friday. The workers blocked the entrance…
Ecuador’s new consultation rules court controversy with Indigenous groups
Ecuador’s Energy and Mines ministry has issued new regulations governing Indigenous consultation on resource development, following a visit by the country’s President Daniel Noboa to Canada for the Prospectors and…
Lithium prices and equities to rise from bottom by July, Canaccord Genuity says
Prices for lithium and the stocks of companies trying to mine it are poised to rebound by July although they’re unlikely to resume the boom times of two years ago,…