RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…
South America
Summit Nanotech eyes US$150M to scale up lithium extraction method
Calgary-based Summit Nanotech plans to raise US$150 million to take its own direct lithium technology to commercial scale as the startup gears to open a testing facility in Santiago, Chile…
Industry council strives to cut emissions with new guidelines
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies…
Hochschild cuts production targets after pre-tax loss
Hochschild Mining (LSE: HOC) lowered on Wednesday its full-year production guidance after swinging to pre-tax losses of US$66.1 million ($90.3 million) in the half-year compared with a profit of US$5.4…
New Pacific’s Carangas in Bolivia holds 200M oz silver, plus gold and base metals
New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. The report released on Tuesday divides Carangas…
Aura Minerals declares commercial production at Almas gold mine in Brazil
Following up on its first gold pour in early August, Aura Minerals’ (TSX: ORA) Almas gold mine in Brazil has now achieved commercial production, with an effective date of Aug….
TNM Drill Down: New Found Gold’s Queensway delivers week’s top gold assay
The top gold assays from Aug. 25-Sept. 1 come from Canada, Brazil and Australia. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence….
Sigma Lithium on track to produce 130,000 tonnes of concentrate by year-end
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has made its second shipment from its Grota do Cirilo mine in Brazil, after trucking 15,000 tonnes of battery-grade spodumene concentrate and 30,000 tonnes…
Anglo American receives ok for US$40M plan to extend El Soldado life
Chile’s environmental agency has approved Anglo American’s (LSE: AAL) environmental impact statement (EIS) for its US$40-million operational continuity plan at its El Soldado copper mine, 125 km north of the…
Top investors seek damages from Glencore over prospectus claims
Swiss trader and miner giant Glencore (LSE: GLEN) has been accused by a group formed by some of the world’s biggest asset managers of hiding its corrupt activities through misleading…
Robots enhance prospectors’ role as GeologicAI and peers scan drill core assays
GeologicAI, a Canadian tech company with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) as a client and the backing of the Bill Gates-funded Breakthrough Energy Ventures, is part of a…
China zooms in on Latin America, Africa in critical minerals race, says report
Facing more restrictive foreign investment policies in developed markets, China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according…