Global Copper Snapshot: Eight companies keen to plug the copper supply gap
Copper is critical for a lower carbon future but as deposits are becoming harder to find and a supply deficit looms, miners are keen to find new sources of the…
South America
Chile offers lithium policy details; to tender permits in first half of 2024
Almost two months after Chile first announced a national lithium strategy, the government has published a 33-page document providing details on the policy’s objectives, schedule and main expected milestones. Copper…
Los Andes Copper stock rises on Chilean court ruling
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has been authorized to restart drilling at its flagship Vizcachitas project in Chile following a court ruling that lifted an injunction against the…
Filo private placement for Argentine copper-gold project balloons to $130M
At the beginning of June, Filo Mining (TSX: FIL; NASDAQ: FIL) announced a $100-million non-brokered private placement in support of exploration and development at its Filo del Sol copper-gold project…
Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s copper production has fallen this year more than 11% to at a 25-year low, despite investing about $3.5 billion a year to revamp its aging mines.
Hudbay Minerals, Copper Mountain shareholders approve merger
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger. The deal hands Hudbay the Copper Mountain…
Lithium Americas produces first carbonate at Argentina’s Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has produced its first lithium carbonate at the Caucharí-Olaroz project in Argentina’s Jujuy province. While the material is not battery-quality, the miner noted that…
Appian sells nickel-copper mines in Brazil to ACG for US$1 billion
Private equity firm Appian Capital Advisory is selling its wholly owned Atlantic Nickel and Mineração Vale Verde operations in Brazil to ACG Acquisition Co. (LSE: ACG) for US$1 billion cash….
Ero Copper expands into nickel at Caraíba in Brazil, plans to double copper output
Brazil-focused Ero Copper (TSX: ERO; NYSE: ERO) is reporting new drill results for nickel targets at Caraíba as it advances the Tucumã project to double the company’s copper output by…
Expert insight: Lithium funding starts in the aquifer, says Zelandez
Securing investment for lithium brine projects rests on convincing investors of both the resource size and quality, and its strong net present value (NPV). Access to accurate and trustworthy data…
Video: Why Omai Gold Mines’ namesake Guyana project continues to impress
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) continues making steady progress at its namesake project in Guyana after completing more than six drill holes since the New Year. Drilling at…
Video: Dundee’s process innovations help miners get greener
The mining and smelting industry has faced environmental risks for decades, but now new mineral extraction and metallurgical technologies are helping to mitigate them. Dundee Sustainable Technologies has developed two…