Codelco pushes Maricunga lithium project start to 2034
Chile’s state-owned copper giant Codelco said on Wednesday it now expects production from its Maricunga lithium project to begin in 2034 — a four-year delay for one of the country’s…
South America
Antofagasta banks on stronger second half to hit copper goal
Chilean copper miner Antofagasta (LSE: ANTO) reaffirmed on Tuesday its full-year production guidance after second-quarter copper output edged lower, betting that stronger production in the second half will lift it…
AbraSilver drilling suggests Diablillos resource growth
AbraSilver Resource (TSX: ABRA) said new drilling at the Diablillos project in northwestern Argentina shows potential for resource growth beyond the limits of a definitive feasibility study (DFS) released last…
Codelco chair puts profit ahead of copper output
Chile’s state-owned copper giant Codelco will prioritize profitability over production growth as it confronts heavy debt, declining output and governance challenges under new chairman Bernardo Fontaine. Fontaine, who became chairman…
Mogotes says drilling expands Andes copper-gold target
New drilling by Mogotes Metals (TSXV: MOG) has expanded the company’s Albor target at the Filo Sur copper project in the Vicuña district on the Argentina-Chile border. Hole FS_DDH_016 cut…
Fortuna bets $71M on Latin America gold growth
Fortuna Mining (TSX: FT; NYSE: FSM) plans to invest $71 million (C$101 million) in Argentina and Peru this year as the Canadian precious metals producer targets higher gold output and…
Copper-gold assays boost gravity of Jupiter at NGEx’s Lunahuasi project
Drill results from NGEx Minerals’ (TSX: NGEX; US-OTC: NGXXF) Lunahuasi copper-gold-silver project in northern Argentina extended the high-grade Jupiter zone while also expanding the Saturn zone. Highlight hole DPDH077 in…
Rule Summit: Lara drills Planalto toward $1B Brazil copper test
BOCA RATON, Fla. – Lara Exploration (TSXV: LRA; US-OTC: LRAXF) has seven rigs turning at its Planalto copper-gold project in Brazil, a 14,000-metre test of whether the Carajás discovery can…
Creating mining districts could unlock billions: study
Mining companies could unlock billions in additional value by treating nearby operations as integrated mining districts rather than standalone assets, according to a study by GEM Mining Consulting. The firm’s…
B2Gold’s new CEO gets his Goose test
B2Gold (TSX: BTO; NYSE-A: BTG; NSX: B2G) has handed Mike Cinnamond a Far North test in his first weeks as CEO: finish the Goose mine ramp-up in Nunavut to restore…
Bravo drill results at Luanga platinum-palladium site highlight project growth
Drill results from Bravo Mining’s (TSXV: BRVO, US-OTC: BRVMF) platinum-palladium (PGM metals) Luanga project in northern Brazil show potential to upgrade and expand its resource, as the company looks to…
BHP leverages $1.5B to restart Chile copper mine
BHP (NYSE, LSE, ASX: BHP) has begun the process to reopen the Cerro Colorado copper mine in Chile, targeting an investment of $1.5 billion to restart the operation and extend…