Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…
South America
Sigma Lithium updates Grota do Cirilo feasibility, creates US$1.6B after-tax NPV
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has released an updated Phase 1 feasibility study for its wholly-owned Grota do Cirilo project in Minas Gerais, Brazil, host to the the largest…
Barrick pulls the trigger on Pueblo Viejo expansion
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion…
Chile sues BHP, Albemarle, Antofagasta over water use
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar…
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains. Moody’s…
Colombia to tender gold, coal assets by end of June
Colombia plans to hold two bidding rounds — one for gold and one for coal exploration contracts — before the end of June, as part of ongoing efforts to strengthen…
Vale to build US$345M ‘green’ pig iron plant in Brazil
Mining giant Vale (NYSE: VALE) has signed an agreement with the government of the northern Brazilian state of Pará to build a “green” pig iron plant in the city of…
Chile environmental regulator files charges against Teck at Quebrada Blanca
Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Canada’s largest diversified miner, is facing eight charges filed by Chile’s environmental regulator SMA, which claims the miner failed to comply with measures to avoid…
Serbian elections to reshape debate on Rio Tinto’s Jadar project
Rio Tinto (ASX, LON: RIO) might have the licence for its $2.4 billion lithium project in Serbia reinstated should the country’s pro-mining president, Aleksandar Vučić, and his ruling Serbian Progressive…
Zinc price to remain high in the near term on Russia-Ukraine conflict – report
Market analyst Fitch Solutions Country Risk & Industry Research has revised its 2022 zinc price forecast higher by more than 20% to US$3,500 per tonne. In a market commentary, Fitch…
Rio Tinto secures lithium project in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following Australia’s Foreign Investment Review Board (FIRB) approval…
Las Bambas workers launch protest action
Following a tense meeting with human resources personnel, the union that represents MMG’s Las Bambas workers announced the launching of a protest action as they demand a review of the…