The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
South America
Cash-strapped Horizonte secures US$20M to advance Araguaia nickel project in Brazil
Nickel developer Horizonte Minerals (AIM: HZM; TSX: HZM) has tapped Glencore (LSE: GLEN), Orion Mine Finance Management and London-based La Mancha Resource Capital for $US20 million to advance the Araguaia…
Andean Precious Metals adds eight years to Bolivia silver mine life
A new reserve estimate for the San Bartolomé silver mine in Bolivia underpins an eight-year extension to the mine plan through 2028, Andean Precious Metals (TSXV: APM; US-OTC: ANPMF) said…
Serra Verde secures regulatory approval for first phase of Brazil rare earths mine
Rare earth elements (REE) developer Serra Verde has received an environmental operating licence for the first phase of its Pela Ema project in east-central Brazil, giving the company its necessary…
Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Rio2 stock soars 31% on Fenix gold project environmental approval in Chile
Shares in Canadian gold junior Rio2 (TSXV: RIO; US-OTC: RIOFF) rose to their highest level in a year after the company announced the successful approval of the environmental impact assessment…
Reunion Gold settles claim brought by Barrick on alliance termination
South America-focused explorer Reunion Gold (TSXV: RGD; US-OTC: RGDFF) has settled a claim brought by Barrick Gold (TSX: ABX; NYSE: GOLD) with respect to a strategic alliance agreement signed by…
AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat
AngloGold Ashanti (NYSE:AU), the fourth-largest gold producer, is buying a stake in Guyana-focused G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) even as neighbouring Venezuela vows to seize the land where its…
Sigma Lithium shares up after news its review process will run into 2024
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) shares rose 10% on Tuesday morning after the company announced it will continue its strategic review process into 2024. The company has entered into…
Cordoba’s Alacran feasibility unlocks US$40M payment from Chinese partner
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has delivered a feasibility study for its Alacran joint venture in Colombia that outlines a US$420.4-million copper project with a 14.2-year mine life. China’s…
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
Jaguar Mining (TSX: JAG; US-OTC: JAGGF) has more than doubled its probable gold ounces at the MTL complex in Brazil including assets it bought from Iamgold (TSX: IMG; NYSE: IAG)…
Brazil judge votes to dismiss homicide case against Vale’s ex-president over Brumadinho
Former Vale (NYSE: VALE) president Fábio Schvartsman achieved an initial victory in his bid to evade trial for the 2019 Brumadinho dam collapse, which claimed the lives of over 250 people in Brazil….