How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
South America
Los Pelambres boosted Antofagasta copper production in 2023
Chilean miner Antofagasta (LSE: ANTO) has reported a 2% increase in annual copper production last year to 660,600 tonnes thanks to strong performances by its largest mines Los Pelambres and Centinela….
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
Marimaca shares rise on new drill results from flagship project in Chile
Marimaca Copper (TSX: MARI) shares were up Monday after the company announced the completion of the infrastructure condemnation drilling program at its namesake project in the Antofagasta region of Chile….
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Serra Verde enters commercial production in Brazil
Rare earths developer Serra Verde announced on Thursday it has started commercial production of mixed rare earth concentrate (MREC) from the first phase of its Pela Ema deposit in east-central…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
American Lithium PEA triples Falchani project value to US$5B
A preliminary economic assessment (PEA) for American Lithium’s (TSXV: LI) Falchani project in Peru has tripled its net present value (NPV) to US$5.1 billion over the 2019 estimate of US$1.5…
Does upside outweigh risks in copper-rich Chile?
Nationalization continues to be a hot topic in mining circles. As supply chains tighten and long-term demand drivers strengthen, resource-rich nations are looking to capture a greater share of their…
Lithium Chile scores huge concession in Argentina’s Arizaro Salar
Lithium Chile (TSXV: LITH; US-OTC: LTMCF) said Monday that its Argentine subsidiary Argentum Lithium has been awarded the largest concession block in the Salar de Arizaro. Argentum was one of…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…