Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
South America
Chinese takeover of Neo Lithium “irrelevant to national security interests” says Liberal MP
The proposed takeover of Canadian-based Neo Lithium (TSXV: NLC; US-OTC: NTTHF) by China’s Zijin Mining is not a concern, Liberal MP Andy Fillmore said. Speaking to a House of Commons committee on January 20, Fillmore…
Codelco adds 30 years to Andina copper mine
The Andina Transfer project turned the underground operation into an open pit mine located 3,500 metres above sea level, which holds 30% of Chile’s copper reserves.
Antofagasta says Chile water shortage to hit 2022 production
Chilean miner Antofagasta (LSE: ANTO) is expecting annual copper production for 2022 to be below last year’s levels, as operations continue to be impacted by the country’s longest drought in…
Adventus, Salazar secure $235.5M to advance Curipamba copper project
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) have secured financing of US$235.5 million with which to advance their Curipamba copper project in central Ecuador….
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
79North hits high grade at Nassau project in Suriname
79North’s (CSE: JQ; US-OTC: SVNTF) first six diamond drill holes into the Witlage target at its Nassau gold project in Suriname hit high-grade mineralization in near-surface oxidized saprolite and in…
Update: Heavy rainfall temporarily halts Vale’s rail operations and production in Brazil
Owing to heavy rainfall in the eastern Brazilian state of Minas Gerais, Vale (NYSE: VALE) has partially suspended train service on its Estrada de Ferro Vitória a Minas (EFVM) rail…
Peru sees 60% increase in mining tax revenues
Peru’s Ministry of Energy and Mines said regional and local governments saw a 60% increase in mining tax revenues in 2021.
The voice of a new generation in Chile
When Chile’s left-wing president-elect Gabriel Boric (pronounced Bo-rich) takes office on March 11, the 35-year-old will be the youngest president in the country’s history and as the editorial board of…
Update: Great Panther Mining announces Brazilian fines at Tucano mine
Great Panther Mining (TSX: GPR; NYSE-A: GPL) announced today that its Brazilian subsidiary, Mina Tucano, was notified on December 21 by the country’s Amapa State Environmental Agency, that a leak…
McEwen Copper commits to PFS for Los Azules
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX), is advancing its Los Azules copper project in the San Juan province of Argentina to the pre-feasibility stage….