Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
South America
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town hall held in the town…
Brazil to let private sector mine for uranium
Brazil’s lower house has approved a constitutional reform that authorizes the private sector to enter the uranium sector, which is currently the exclusive responsibility of state-run Indústrias Nucleares do Brasil (INB)….
Bravo’s Brazilian PGM project finds higher grades than Vale years ago
Bravo Mining (TSXV: BRVO; OTCQX: BRVMF) is confirming the potential of its Luanga platinum group metals project in northern Brazil by re-sampling old drill cores collected by former owner Vale…
TNM Drill Down: Lundin leads week’s top assays with Fruta del Norte in Ecuador
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
BHP averts strike at world’s biggest copper mine
Unionized workers at Escondida mine in northern Chile have accepted BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) latest offer and will not move forward with a strike that was planned for…
Austral Gold sells Pinguino project in Argentina to ASX-listed E2 Metals
Austral Gold (TSXV: AGLD; ASX: AGD) is selling its Pinguino polymetallic project in Argentina to E2 Metals (ASX: E2M) for US$10 million in cash and shares, the companies said on…
‘Intransigent’ creditors scuttle sale of Great Panther’s Coricancha, says would-be buyer Newrange
Great Panther Mining (US-OTC: GPLDK) and Newrange Gold (TSXV: NRG) have called off a planned share purchase agreement that would have seen Newrange take full control of the Coricancha gold-silver-lead-zinc-copper mine in Peru. The…
World to face 8-million tonne copper deficit by 2032, Codelco warns
Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number…
SolGold welcomes Jiangxi Copper as new investor
SolGold (TSX: SOLG; LSE: SOLG) announced Wednesday that certain investors, including China’s Jiangxi Copper (Hong Kong) Investment Co.. have agreed to purchase 180 million shares of the company at a…
Camino confirms continuity of mineralization at new copper discovery in Peru; stock jumps
Camino Minerals (TSXV: COR; US-OTC: CAMZF) has announced high solubility results over significant copper oxide intercepts in the Lourdes zone at its Los Chapitos property in Peru. Lourdes is one of…
SolGold delays Cascabel feasibility, Porvenir PEA as it looks to cost reduction
SolGold (TSX: SOLG; LSE: SOLG) announced Tuesday that it will delay the Cascabel feasibility study and Porvenir preliminary economic assessment (PEA) due to the evolving capital cost environment and its…