Lumina Gold kicks off feasibility study for Ecuador project
Lumina Gold (TSXV: LUM) has hired Ausenco Engineering to lead the feasibility study for its Cangrejos gold-copper project in Ecuador, which the company said is the world’s top 15 gold…
South America
Hecla Mining to speed up growth by expanding into Latin America
Hecla Mining (NYSE: HL), the largest silver producer in the United States, is looking to expand into Mexico, Peru and two other countries in Latin America to speed up growth…
Albemarle lays off 300 employees amid lithium price slump
Albemarle (NYSE: ALB), the world’s largest lithium producer, is said to have laid off more than 300 employees, or 4% of its total workforce, across its U.S. and global operations….
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
Codelco names mining veteran Braim Chiple as CCO
Chile’s state-owned copper giant Codelco has named Braim Chiple as its new chief commercial officer, the latest among top positions changes in the past year, as the miner grapples with…
BHP to review US$9.7B fine handed by Brazil over dam failure
BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais (US$9.7 billion) in…
Aclara study pegs Brazil rare earths project NPV at US$1.2B
Initial capital costs for Aclara Resources‘ (TSX: ARA) Carina Module rare earths project in Brazil are estimated at US$576 million, with a US$1.2 billion net present value (NPV), according to…
Hochschild targets 15% rise in precious metals output in 2024
Hochschild Mining (LSE: HOC) ended 2023 at the top end of its revised production guidance, with costs also anticipated to be in line with expectations, the U.K.-based precious metals producer…
Codelco secures its first lithium asset with Australian firm buy
Chilean state-owned copper miner Codelco, the world’s largest copper producer, has secured its first lithium asset in the home country after shareholders with Australia’s Lithium Power International (ASX: LPI) approved…
TNM Drill Down: Ecuador, Yukon and Colombia yield week’s top gold assays
Our TNM Drill Down features highlights of the top gold assays from Jan. 12-19. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Bolivia hopes US$90M Chinese-funded lithium plant will crack DLE puzzle
Bolivian state-owned lithium company YLB has inked a new deal with a Chinese consortium to install a pilot plant at the vast Uyuni salt flat, where direct lithium extraction (DLE) technology…
Founders links Antino’s high-grade zones in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) says assays from its Antino gold project in southeast Suriname show potential for significant gold mineralization between two zones. Drilling intercepted six gold intervals…