Vale evaluates offers for $2.5B base metals unit
Vale (NYSE: VALE), one the world’s largest iron ore miner and the top nickel producer, has shortlisted suitors for a 10% of its base metals business estimated to be worth…
South America
First Quantum to appeal Panama order to halt giant copper mine
First Quantum Minerals (TSX: FM) said on Tuesday it planned to appeal an order by Panama’s government to halt its giant copper mine in the country as the two sides…
New Pacific delivers robust Silver Sand PEA
New Pacific Metals (TSX: NUAG; NYSE American: NEWP) has delivered a strong preliminary economic assessment for its Silver Sand project in Potosi department, Bolivia. The PEA confirms the potential to…
US stocks gain over first trading week of 2023
U.S. markets rose moderately last week after investors digested mixed news on the work front. Markets initially retreated after employers added 223,000 jobs in December, more than analysts expected, which…
TSXV climbs in the first trading week of 2023
The S&P/TSX Venture Composite Index gained 11.62 points or 2% over the Jan.2-6, 2023 trading session to end at 581.89. Electra Battery Materials closed the week as the top value…
Anglo Asian Mining invests again in Libero Copper
Gold, copper and silver producer Anglo Asian Mining (LSE: AAZ), has made a third investment in Canada’s Libero Copper & Gold (TSXV: LBC), which focuses on finding copper assets in…
Take The Northern Miner’s 2022 news quiz
From Russia’s invasion of Ukraine to stubbornly high inflation, and an unrelenting focus on reshoring critical minerals supply chains, last year was full of twists and turns for miners. Were…
CleanTech Lithium touts potential of Chile project
Initial drilling results from CleanTech Lithium‘s (AIM: CTL) Laguna Verde project in northern Chile suggest it could become a major supplier of battery grade lithium to European and U.S. markets. The U.K.-based exploration and…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….
Colombians demand smooth transition after Glencore exits
The mayors of five municipalities in northern Colombia’s Cesar mining corridor want the government of President Gustavo Petro to phase out mining operations with a smooth transition into other industries…
Venezuela’s Maduro orders crackdown on illegal mining after DiCaprio criticism
Venezuela President Nicolás Maduro says the army must do a better job stopping environmental destruction caused by unregulated mining. Maduro, leader of the ostracized South American country since 2013, made the…
South Star targets late 2023 start for Brazil graphite mine
South Star Battery Metals (TSXV: STS; OTCQB: STSBF) says its Santa Cruz graphite project in eastern Brazil is on track to complete construction and commissioning by December next year. Most…