Lithium Americas to split into two companies
Lithium Americas (TSX: LAC; NYSE: LAC) plans to separate its North American and Argentine businesses into two independent public companies by the end of the year, it said on Thursday.The…
South America
AbraSilver updates resource for Diablillos in Argentina
AbraSilver Resource (TSXV: ABRA) has updated a September 2021 resource estimate for its Diablillos project in Argentina’s Salta province, significantly expanding the high-grade Tesoro zone, which is the highest-grade area…
B2Gold, AngloGold put Gramalote project in Colombia up for sale
Canada’s B2Gold (TSX: BTO; NYSE-AM: BTG) and South Africa’s AngloGold Ashanti (NYSE: AU; ASX: AGG) have decided to put their US$925-million Gramalote gold project in Colombia up for sale before…
Newmont maintains guidance despite softer Q3 results
The world’s largest gold producer by volume and market cap Newmont (TSX: NGT; NYSE: NEM) says it is maintaining the full-year production guidance despite a weaker September-quarter performance. Newmont said…
Sierra Metals receives merger proposal from Peru-based mining company
Dealing with financial difficulties, Sierra Metals (TSX: SMT) confirmed on Oct. 31 that it has received a letter of intent (LOI) from Compañia Minera Kolpa, a polymetallic mining company based…
Brazilian president-elect Lula vows greener mining
A new Brazilian government under president-elect Luiz Inácio Lula da Silva could mean more environmental responsibility, according to a group representing the mining cities of the country. Leftist former Brazilian…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Teck Resources hikes cost of QB2 copper project in Chile again
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least…
Opening up protected areas in the Amazon to mining may lead to massive forest losses
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage. In a paper published…
Mantoro hits high-grade at Golden Hill in Bolivia
Earlier this month Mantoro Precious Metals (TSXV: MNTR; US-OTC: MSLVF) reported results from the first drill hole at the La Escarcha gold deposit on its Golden Hill project in Bolivia,…
Calibre shares fall to a fresh low on expanded U.S.-Nicaragua sanctions
The Toronto-quoted equity of Nicaragua-focused Calibre Mining (TSX: CXB; US-OTC: CXBMF) has fallen to a fresh 12-month low following the imposition by the U.S. government of tighter sanctions aimed at…
Two contractors dead at Lithium Americas project in Argentina
Lithium Americas (TSX: LAC) (NYSE: LAC) says two contractors died at its Caucharí-Olaroz lithium project in Argentina on Sunday. The deaths occurred in separate incidents that don’t appear to be…