Miners in Chile to pay more taxes as long-awaited reform approved
Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay more taxes and royalties to…
South America
Discovery-geared Collective pries more porphyry secrets from Guayabales
Since going public in May 2021, Colombia-focused Collective Mining (TSXV: CNL) has made four notable discoveries, including the Apollo high-grade porphyry system last June. Its share price has reflected its…
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Chile to negotiate with lithium partners on case-by-case basis, says mining minister
Chile’s mining minister Marcela Hernando clarified the country had announced a strategy, not a policy.
SolGold mulling phased development of Cascabel copper mine
Ecuador-focused SolGold (LSE: SOLG) is considering a phased approach to the development of its flagship Cascabel copper-gold project in the Andean country as a way to reduce upfront capital and…
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
How to invest in lithium explorers: pitfalls and pointers
Exploring for lithium, a key component in electric vehicle batteries, is all the rage as companies seek to plug the gap between low supplies and surging demand to fuel the…
Silver price surge set to continue on lower mine supplies, growing green demand
Global mined silver production has fallen 10% below the record highs of the past decade and underpins the recent price rally and potential further gains, new Bank of America analysis…
Chile’s mining royalty bill heads for final vote
Chile’s senate has approved an amended mining royalty bill, in the works for almost two years, passing it back to the lower chamber for a final vote expected to come…
Indonesia emerges as a cobalt powerhouse amid surge in demand
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes as the electric vehicle (EV) sector shifts into overdrive, says a new Benchmark Mineral Intelligence report….
Serabi, Vale to jointly explore for copper in Brazil
The JV will explore Serabi’s Matilda prospect and other targets within the Tapajos region of Brazil, within its Palito Complex.
Livent, Allkem create world’s No. 3 lithium miner in US$10.6B merger
Lithium firms Allkem (ASX: AKE) and Livent (NYSE: LTHM) are shaking up the sector by merging to form the world’s third-largest miner of the key metal used in the batteries that power…