New Gold unveils three-year plan for 35% production growth
New Gold (TSX: NGD; NYSE: NGD) has defined the path forward to increase gold production by 35% from last year’s total to 410,000 to 460,000 oz. in 2026, which includes…
Articles by Cecilia Jamasmie
Auxico Resources hails exploration results at Colombian REE project
Auxico Resources (TSXV: AUAG; US-OTC: AUXIF) has reported positive reports form its sampling program at the Minastyc property in Colombia, where it has found what it calls “significant” concentrations of…
Nexa Resources halts Peru zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted production at its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by the Joraoniyoc community since earlier this week. The zinc producer, controlled by…
SQM looks to nurture lithium tech startups with accelerator program
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, is calling startups with innovative solutions in the fields of water usage, lithium and electromobility to join the third round of…
Pilbara Minerals upgrades offtake deal with Chengxin Lithium
Australian lithium producer Pilbara Minerals (ASX: PLS) has amended a spodumene-concentrate supply deal with lithium chemicals producer Chengxin Lithium Group, raising agreed sales volumes and extending the contract duration. Under the…
Ivanhoe, Trafigura to be first users of African rail through Angola
Canada’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and commodities trader Trafigura on Wednesday made a deal to transport copper by rail from the Democratic Republic of Congo (DRC) to neighbouring…
Tanzania backs SilverCorp takeover of ASX-listed gold developer OreCorp
Silvercorp Metals’ (TSX: SVM; NYSE: SVM) planned takeover of African gold developer OreCorp (ASX: ORR) has been cleared by the Tanzanian Fair Competition Commission (FCC). The decision paves the way for…
De Beers expands presence in Angola after 2012 retreat
De Beers has inked a series of agreements with Angola, including one with state-owned diamond miner Endiama, covering processing and exploration prospects. The pacts between the parties build on exploration…
Piedmont Lithium cuts 27% of workforce as prices plunge
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) said on Tuesday it had laid off 27% of its workforce as a sharp downturn in the lithium market is forcing miners to cut…
NextSource to reach full production at Madagascar graphite mine by July
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) said on Monday it plans to achieve nameplate capacity of 17,000 tonnes of concentrate per year at its Molo graphite mine in Madagascar by…
Gates, Bezos-backed KoBold says Zambia copper find largest in a century
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday its Mingomba asset in Zambia is the country’s largest copper deposit in a century and…
Peru unveils platform to speed up permitting
Officials from Peru’s Ministry of Energy and Mines met with representatives from the largest mining companies operating in the country to offer details on a new digital initiative expected to…