BHP confident in reaching Mariana disaster settlement
Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.
South America
Adventus, Salazar granted key permit for Ecuador copper-gold mine
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have scored a win in Ecuador after the country’s environment ministry granted the partners a water use permit for their Curipamba-El…
Japan, Chile boost ties in lithium extraction, supply
Japan and Chile have agreed to strengthen cooperation on lithium mining and supply, including deals for Japanese firms’ acquisition of long-term preferential access to the battery metal, in exchange for…
Chilean Cobalt lines up potential US$317M loan from EXIM Bank
The United States Export-Import Bank has signed a letter of interest to back Philadelphia-based critical minerals explorer Chilean Cobalt (US-OTC: COBA) with US$317.4 million in debt to restart the La…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
Green bonds grow as financing option
Green bonds are a rising source of funding as project developers widen their search for financing beyond stock markets, according to a panel at a New York mining conference. There…
Vale, BHP ups reparations offer for Mariana disaster by US$2.4B
Vale said the new proposal totals $26.09 billion.
Ero Copper’s Tucumã on track for early Q3 production
Ero Copper‘s (TSX: ERO; NYSE: ERO) Tucumã project in Pará, Brazil, is on track for production next month after the company obtained its operational licence, the last remaining permitting milestone…
BHP, Spence mine workers reach initial wage deal
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has reached a preliminary wage agreement with workers at its Spence copper mine in Chile, which could avoid a planned strike at the…
Aclara pivots permit strategy at Chile rare earth project
Rare earths developer Aclara Resources (TSX: ARA) has filed a new environmental impact assessment for its Penco module project in Concepción, Chile, that it believes will address deficiencies found in…
Lawsuit targets Adventus and Salazar’s Ecuador project permit
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are facing headwinds in Ecuador as a group of locals has requested a provincial judge to cancel the environmental permit for…
World Bank tribunal rules against Canada’s Montauk in dispute with Colombia
A World Bank tribunal has ruled in favour of Colombia in a feud with Canada’s Montauk Metals (TSXV: MTK). A mining ban imposed by the Gustavo Petro administration on the…