Argentina gets US$290 million to develop lithium assets, build plant
China’s Zangge Mining will initially invest $40 million in the Laguna Verde lithium project, in the province of Catamarca.
South America
Teck CEO Don Lindsay stepping down after 17 years at top job
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has announced its chief executive officer, Don Lindsay, will step down after 17 years in the role. Lindsay, who will…
Site visit: Marimaca Copper increasingly resource-confident on Chile oxide prospect
It’s about a two-hour flight north-northwest from the uber-developed Chilean capital of Santiago to reach the dusty airport just outside Antofagasta, a seaside city on the edge of the Atacama…
Aris Gold, GCM Mining rise on all-share merger deal
Colombia focused precious metals producers Aris Gold (TSX: ARIS) and GCM Mining (TSX: GCM) have announced an all-share merger deal that will see GCM — already a major shareholder of…
Codelco begins resuming work at halted projects after deaths
Chile state-owned copper miner Codelco has begun to gradually restart two of its ongoing growth projects, which were halted last week following the death of two workers this month at different…
Chile rejects second Anglo American project in two months
Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s US$40-million operational continuity project for its El Soldado copper…
Eloro reports best ever assay at Iska Iska silver-tin project ahead of first resource
The latest two drill holes Eloro Resources (TSXV: ELO; US-OTC: ELRRF) has released from its Iska Iska silver-tin project in the Potosi Department of southern Bolivia, are also the best…
Golden Arrow walks away from Argentina silver-gold project
Golden Arrow Resources (TSX-V: GRG) has terminated its option to acquire a 75% stake in the Libanesa silver-gold project in Argentina’s Santa Cruz province. The company said it would focus instead…
Drought, operational issues bring down Antofagasta guidance
Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate…
Franco-Nevada invests US$352M in Tocantinzinho gold project in Brazil
Gold streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has committed US$352.5 million to a finance package totalling US$481 million for the Tocantinzinho project located in Pará state, Brazil, currently held…
Anglo American, Nippon Steel to work on low-carbon steelmaking
Anglo American (LSE: AAL) and Japan’s Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions. The companies…
Ecuador court endorses environmental permits for Dundee’s Loma Larga
Dundee Precious Metals (TSX: DPM) has scored a win in Ecuador as a local court upheld the validity of the company’s environmental permits for exploration at its Loma Larga gold underground…