Chinchillas fluster Gold Fields’ Chile plans
Gold Fields has 10 days to prove there are no rodents living in the Salares Norte mine area or it will face fresh sanctions.
South America
JV Video: Culpeo drills high-grade discovery in copper-rich Chile
Just two years after listing on the ASX, Culpeo Minerals (ASX: CPO; US-OTC: CPORF) is drilling high-grade copper in Chile at its two main projects of Lana Corina and Fortuna. “Chile’s the…
Brazil Potash starts Autazes project build
Autazes is expected to be the largest fertilizer mine in Latin America.
Anglo American to sell De Beers, Amplats after latest BHP bid
Anglo American (LSE: AAL), the takeover target of mining giant BHP (ASX: BHP), has yielded to pressure from investors by announcing plans to sell some of its legacy assets in…
Hochschild’s Mara Rosa gold mine reaches commercial production
Hochschild Mining’s (LSE: HOC; US-OTC: HCHDF) Mara Rosa gold mine in Brazil has reached commercial production a couple of weeks early. In a release Tuesday, the London-based miner said Mara…
SolGold secures US$10M loan for Cascabel as talks for larger financing continue
Ecuador-focused SolGold (LSE: SOLG) says it has lined up a $10-million loan facility for its flagship Cascabel copper-gold project in the country’s north, adding it is in talks with capital…
Anglo American rejects BHP’s revised US$43B proposal
Anglo American stated that the new offer was “highly unattractive” for its shareholders.
Freeport enters earn-in on Max Resource’s Cesar copper-silver project in Colombia
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior’s Cesar copper-silver project in northwestern Colombia….
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Golden Minerals sells Mexico mines in shift to Argentina
Golden Minerals (NYSE-A: AUMN, TSX: AUMN) announced on Friday it has sold its primary assets in Mexico comprising the Velardeña properties in Durango state that it briefly brought back to…
Sigma Lithium hikes reserves, mine life in Brazil
Brazil-focused Sigma Lithium (TSXV: SGML; NASDAQ: SGML) announced on Wednesday that it has bumped up proven and probable reserves at its flagship Grota do Cirilo hard rock lithium mine by…
B2Gold’s Goose project slightly behind schedule
The open pit and underground development at B2Gold‘s (TSX: BTO; NYSE: BTG) Goose project in Nunavut is running slightly behind schedule, with first gold delayed from the first quarter of…