Peru’s mining policy snafu gives investment a bloody nose
Peru appears to have backtracked on a decision announced on November 19 that it would have forced the premature closure and block extensions of Hochschild Mining‘s (LSE: HOC; US-OTC: HCHDF)…
South America
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
Hochschild shares tank after Peru nixes key mine extensions
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) says it will fight “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada mines on environmental grounds. The…
JV Article: Great Panther Mining aims to add more ounces at Tucano in Brazil
Canadian miner Great Panther Mining (TSX: GPR; NYSE: GPL) is a gold and silver producer with a diversified portfolio of assets in the Americas. The Vancouver-headquartered company owns properties in Brazil, Mexico,…
Zijin Mining plans to produce copper at its Buritica gold mine
Zijin Mining, China’s No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold…
SolGold taps former BHP executive as new CEO
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has named former BHP executive Darryl Cuzzubbo as the company’s new boss, as the junior works to improve relations between the board and its…
Pan American Silver cuts guidance on labour shortages, higher costs
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has lowered its silver and gold production targets for the second time this year as costs related to ventilation upgrades at its La…
Largo Resources rebrands into a vanadium energy storage play
Vanadium miner Largo Resources (TSX: LGO; Nasdaq: LGO) is rebranding to Largo Inc. to reflect its focus from being seen only as a primary vanadium miner to a fully integrated…
Video: Randy Smallwood discusses WPM’s Q3 performance, organic growth prospects
Wheaton Precious Metals (NYSE: WPM; TSX: WPM) has reported earnings per share and revenue for the three months ended September that missed the consensus mark, despite record revenue for the…
Top 10 mines with world’s most valuable ore
In mining, grade is king.
Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.