Lundin Gold estimates three-year production at 400,000 oz. annually
Lundin Gold (TSX: LUG), 100% owner of the Fruta del Norte mine in Ecuador, estimates that over the next three years the mine will average 400,000 oz. of gold annually….
South America
SolGold reports first resource estimate for Cacharposa deposit in Ecuador
SolGold (TSX: SOLG; LSE: SOLG) has released an initial resource estimate for its Cacharposa porphyry copper-gold deposit, part of the company’s Porvenir project in southern Ecuador, about 100 km south…
Vale sells 50% stake in California Steel to Nucor for US$400 million
Vale’s (NYSE: VALE) Canadian subsidiary has agreed to sell its 50% stake in California Steel Industries (CSI) to Nucor (NYSE: NUE) for US$400 million, the company said. The Brazilian mining…
Serabi Gold’s Coringa project in Brazil hit by court ruling
Shares in Serabi Gold (TSX: SBI; LSE: SRB) fell today after a Brazilian judge ruled that no future licenses or titles should be granted to the company until it is proven…
Yamana Gold goes ahead with expansion at Brazil mine
Yamana Gold (TSX: YRI; NYSE; LSE: AUY) is going ahead with a planned phase two expansion of its Jacobina mine in Brazil after authorities granted it a permit to increase…
Sigma Lithium kicks off construction of largest hard rock project in the Americas
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has begun building the production plant foundation and infrastructure for its Grota do Cirilo lithium project in Brazil, the largest hard rock lithium deposit in…
Brazil names Belo Sun Mining’s Volta Grande “strategic” project
Brazil has selected Belo Sun Mining’s (TSX: BSX) proposed Volta Grande gold mine for its investment partnership programme (PPI), which supports projects producing mineral and metals deemed strategic for the country….
JV Article: Solaris Resources expands mineralization at Warintza in Ecuador
Canadian explorer Solaris Resources (TSX: SLS; US-OTC: SLSSF) holds a portfolio of copper and gold projects in the Americas, with properties in Ecuador, Peru, Chile and Mexico. The Vancouver-headquartered junior is focused…
Tailings pond collapse affects world’s highest human settlement
The collapse of a tailings facility in Peru’s Ananea district has destroyed a segment of the main road that connects the area with the neighbouring La Rinconada district, the highest…
Hochschild’s rare earths spin-off Aclara to start trading in Toronto
Aclara Resources will begin trading on the Toronto Stock Exchange under the ticker “ARA” on Dec. 10.
MMG to shut down Las Bambas copper mine by mid-December
Chinese miner MMG will end copper production from its Las Bambas mine in Peru by mid-December following months-long road blockades that have prevented essential supplies from reaching the operation, forcing…
Yamana Gold ups production targets after find in Quebec
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.