Lithium Ionic expands Brazil resources by a quarter
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) says it has grown its combined resources at the Salinas and Bandeira projects in Minas Gerais state, Brazil by 26%. The Bandeira project holds 23.7 million…
South America
CleanTech Lithium CEO steps down amid loan issue
Chile-focused explorer and developer CleanTech Lithium (LSE: CTL) accepted on Friday the resignation of its CEO, Aldo Boitano, who was suspended earlier this week for failing to disclose a share-backed…
CleanTech Lithium suspends CEO on shares-backed loan
Chile-focused explorer and developer CleanTech Lithium (LSE: CTL) has suspended its CEO, Aldo Boitano, pending an investigation into a loan he entered into with an unnamed lender. The company said…
Brazil Potash gets state licence for disputed Autazes mine
Federal prosecutors have stated that the license is not legally acceptable.
Vale walks away from exploration JV with Serabi Gold
Brazil-focused miner Serabi Gold (TSX: SBI; LSE: SRB) said on Monday that Vale (NYSE: VALE) has decided to withdraw from a copper exploration alliance formed in May 2023. The company,…
Rio Tinto promotes copper boss Bold Baatar to commercial chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
Peru’s Poderosa wants action on illegal miners who keep attacking its gold mine
The Poderosa gold mine in northwestern Peru experienced yet another attack by illegal miners, who this time around used dynamite to take down two high-voltage towers that supply energy to…
Atico drilling grows El Roble copper mine in Colombia
Atico Mining (TSXV: ATY; US-OTC: ATCMF) is reporting strong drill results that expand its El Roble copper-gold mine in Colombia. The drilling was aimed at infilling areas of mineralization while…
Omai Gold targets Wenot deposit in Guyana for quicker turnaround, CEO says
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) says the Wenot project in Guyana could generate more cash in the first four years than its US$375 million construction cost. Annual after-tax free cash…
Video: Aura Minerals aims to improve 2024 gold output by 15%
With a fourth mine in Brazil now in production, Aura Minerals’ (TSX: ORA) CFO Kleber Cardoso is confident the company will achieve about 271,400 oz. of gold-equivalent production this year….
Dundee’s Goodman on how to avoid mining’s investment pitfalls
Jonathan Goodman has had it with rosy economic studies from junior miners that fail to live up to expectations. “Have you ever seen a feasibility study or a pre-feasibility study…
Barrick eyes Peru growth amid global asset expansion
Barrick Gold’s (TSX: ABX; NYSE: GOLD) ongoing push to expand its global portfolio has prompted the company to revisit its presence in the Latin American market. The world’s second largest…