Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
South America
Green bonds grow as financing option
Green bonds are a rising source of funding as project developers widen their search for financing beyond stock markets, according to a panel at a New York mining conference. There…
Vale, BHP ups reparations offer for Mariana disaster by US$2.4B
Vale said the new proposal totals $26.09 billion.
Ero Copper’s Tucumã on track for early Q3 production
Ero Copper‘s (TSX: ERO; NYSE: ERO) Tucumã project in Pará, Brazil, is on track for production next month after the company obtained its operational licence, the last remaining permitting milestone…
BHP, Spence mine workers reach initial wage deal
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has reached a preliminary wage agreement with workers at its Spence copper mine in Chile, which could avoid a planned strike at the…
Aclara pivots permit strategy at Chile rare earth project
Rare earths developer Aclara Resources (TSX: ARA) has filed a new environmental impact assessment for its Penco module project in Concepción, Chile, that it believes will address deficiencies found in…
Lawsuit targets Adventus and Salazar’s Ecuador project permit
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are facing headwinds in Ecuador as a group of locals has requested a provincial judge to cancel the environmental permit for…
World Bank tribunal rules against Canada’s Montauk in dispute with Colombia
A World Bank tribunal has ruled in favour of Colombia in a feud with Canada’s Montauk Metals (TSXV: MTK). A mining ban imposed by the Gustavo Petro administration on the…
Buenaventura resumes processing at El Brocal as blockade ends
Buenaventura (NYSE: BVN) announced on Monday that its El Brocal processing plant has resumed operations following a three-week suspension, during which it accumulated 220,000 tonnes of copper ore. On May…
Slave-labour ruling lands Vale on ‘dirty list’
Vale said that its inclusion in the list is incorrect and that it will take the necessary steps for its immediate removal.
Codelco targets 2030 start at Maricunga lithium project
Chile’s Codelco has started assessing partnership candidates for a lithium project in one of the country’s top salt flats, Maricunga, with the goal of kicking off production in 2030. The…
SolGold inks contract for Ecuador’s biggest project
SolGold (LSE, TSX: SOLG) signed a decades-long deal with the Ecuadorian government for the country’s largest-ever mining project, the US$3.2 billion Cascabel copper-gold mine. The shares gained a penny to…