Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Solaris Resources
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
Solaris Resources inks fresh deal with Ecuador communities
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has reached an updated agreement with local communities covering benefits and impacts related to its flagship Warintza copper project in southeast Ecuador. The improved deal, signed…
Miners praise Ecuador’s new president as he battles narco-gangs to bolster jobs
Ecuador’s new President Daniel Noboa was elected last October with a seemingly impossible task. He had just 18 months before the next vote to beat back the country’s spiralling gang…
Ecuador’s new consultation rules court controversy with Indigenous groups
Ecuador’s Energy and Mines ministry has issued new regulations governing Indigenous consultation on resource development, following a visit by the country’s President Daniel Noboa to Canada for the Prospectors and…
Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
Solaris strikes deal with Ecuadorian Indigenous organization as others lodge complaint with BCSC
Vancouver-based Solaris Resources (TSX: SLS) announced a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (FICSH) and Ecuador’s Alliance for Entrepreneurship and Innovation. FICSH is the highest authority…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
Solaris taps US$80M Orion financing to advance Warintza copper project in Ecuador
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has secured US$80 million in funding from Orion Mine Finance Management for the Warintza copper-gold project in Ecuador. The deal is made up of US$60…
Canada’s Top Ten base metals and uranium companies
As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January. Here’s a…
Ecuador, Colombia and Peru Snapshot: Eight companies pursuing copper, gold and more
While geopolitical risk in South America is growing, Ecuador, Colombia and Peru remain mineral-rich hot spots with excellent potential for new discoveries. Here are eight junior companies searching for tomorrow’s…
Ecuador signs investment contract with Solaris on Warintza project
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has signed an investment contract with the government of Ecuador on its 100%-owned Warintza copper-gold project, which president and CEO Daniel Earle says “provides…