Capstone Copper building copper-cobalt district in Chile
By integrating its Mantoverde and Santo Domingo mines it expects to churn out 200,000 tonnes of copper and 6,000 tonnes of battery-grade cobalt a year.
South America
How Rainbow Rare Earths plans to bootstrap itself onto the global stage
Rainbow Rare Earths (LSE: RBW) is making strides in the rare earths sector as its Phalaborwa project in South Africa underpins an aggressive international growth strategy. While pilot-scale production at…
Hochschild granted key permit for Inmaculada mine in Peru
Hochschild Mining (LSE: HOC) shares jumped 17% in London after the company announced the approval of a modified Environmental Impact Assessment for its flagship Inmaculada gold-silver mine in southern Peru….
Ecuador court halts referendums on mining, oil projects
Ecuador’s constitutional court has temporarily suspended President Guillermo Lasso’s decree allowing environmental consultations for mining and oil projects, which sought to speed up permitting before the end of his term…
Lithium Americas shareholders approve split
Lithium Americas (TSX: LAC; NYSE: LAC) is going ahead with a planned separation of its North American and Argentinean businesses into two independent public companies, after shareholders approved the split…
Rio Tinto, Codelco join forces to find more copper in Chile
Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in…
NYSE gains July 24-28 as economic growth, declining inflation offset interest rate hike
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
Serabi Gold shares jump on deal with Brazil Indigenous groups
Shares in Serabi Gold (TSX: SBI; LSE: SRB) jumped in London on Monday after the Brazil-focused gold miner said it had inked an agreement with representatives of Indigenous communities confirming…
Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…
Bolivian Indigenous group declares local emergency as gold mining co-ops eye protected areas
The Indigenous Peoples of La Paz Central Group (CPILAP) issued a local state of emergency in the Bolivian department of La Paz following an attempt by gold mining cooperatives to…
Chile’s Supreme Court awards $1.4M to 31 of the 33 miners trapped in 2010
Chile’s Supreme Court awarded $1.4 million to 31 of the 33 miners that were trapped for two months, back in 2010, 700 metres below the surface in the San José…
Founders Metals drills 12 metres of 19.2 g/t gold in Suriname, stock surges
Initial drill results from Founders Metals‘ (TSXV: FDR) Antino project in southeastern Suriname have confirmed the presence of high-grade gold mineralization, sending the junior’s stock up by 8.5% this morning….