Founders Metals hits new high on Antino results
Shares of Founders Metals (TSXV: FDR; US-OTC: FDMIF) surged to a record intra-day high Monday after the company announced promising assay results from its 2024 drill program at its flagship Antino…
South America
CleanTech makes battery-grade lithium in DLE pilot
Shares in CleanTech Lithium (LSE: CTL) rallied on Monday after the Chile-focused explorer and developer announced it had completed the first phase of production at its Direct Lithium Extraction (DLE)…
Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…
USGS issues first earthquake risk study on commodities
Scientists with the United States Geographical Survey, a government research agency, have developed a new scientific assessment of how earthquakes threaten worldwide mineral commodity supplies. The methodology was developed…
Vale restarts Salobo 3 copper plant Brazil after fire
Vale reiterates that the 2024 copper production guidance remains at 320-355 kt.
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Resouro touts first rare earths resource at global-scale Tiros project in Brazil
Resouro Strategic Metals (TSX-V: RSM; ASX: RAU), one of the newest companies to tap into the Brazilian rare earths market, has published a maiden resource of close to 2 billion…
Rio Tinto names Shell’s Katie Jackson as new copper chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has appointed Katie Jackson, a former Shell executive, as the new head of the company’s copper division, based in London, U.K. Jackson,…
Vale board members in a ‘state of war’ over CEO succession — report
The board of directors responsible for selecting the CEO of Vale (NYSE: VALE) is in turmoil, Brazilian newspaper O Globo reported. Last week, consulting firm Russell Reynolds, hired to assist the…
Marimaca Copper gets $68M injection from South Africa’s Assore
Chile-focused Marimaca Copper (TSX: MARI) said on Tuesday that South Africa’s Assore Group, is investing $68 million in the company through its subsidiary Assore International Holdings. Marimaca, which owns the…
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
SolGold signs US$750M gold stream deal for Ecuador project
Franco-Nevada (TSX: FNV NYSE: FNV) and Osisko Gold Royalties (TSX: OR, NYSE: OR) have agreed to provide US$750 million in funding to SolGold (TSX: SOLG; LSE: SOLG) for its Cascabel…