Peru unveils platform to speed up permitting
Officials from Peru’s Ministry of Energy and Mines met with representatives from the largest mining companies operating in the country to offer details on a new digital initiative expected to…
Articles by Cecilia Jamasmie
Bougainville Copper soars on Panguna licence extension
Shares in Bougainville Copper (ASX: BOC) rose as much as 64.3% to A57¢, on Friday, their biggest intraday percentage gain since February 2022, after receiving a five-year extension for its exploration licence…
Japan adds uranium to list of critical minerals
Japan has added uranium to its list of critical minerals in an effort to reduce its dependence on foreign sources of the nuclear element, particularly Russia, and to support domestic…
Patriot Battery Metals falls on Toronto debut
Shares in Canada’s Patriot Battery Metals (TSX: PMET; ASX: PMT) were falling 5% on its debut in the major leagues of the Toronto Stock Exchange on Thursday, a day after…
South32 hits IGO with $107M royalty lawsuit
South32 (ASX: S32) is taking battery metals producer IGO (ASX: IGO) to court over royalty payments worth A$122.1 million ($107 million) it claims to be owed, which are related to the Tropicana gold…
Barrick to spend US$136M on closure of failed Pascua-Lama project
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to spend US$136 million to definitively close its failed Pascua-Lama gold-silver project, straddling the border with Argentina. Its subsidiary, Compañía Minera Nevada, has submitted…
Sigma Lithium project in Brazil just got 27% bigger
Canada’s Sigma Lithium (TSX-V: SGML; NASDAQ: SGML) said on Wednesday its flagship Grota do Cirilo project in the Brazilian state of Minas Gerais contains more resources that previously thought, which…
Lithium market transition comes with delays, layoffs and M&As — Wood Mac
The lithium market is being shaken-up by a sharp, sustained slump in prices and a demand slowdown, which has disrupted projects and forced miners to cut production and look for…
Lumina Gold kicks off feasibility study for Ecuador project
Lumina Gold (TSXV: LUM) has hired Ausenco Engineering to lead the feasibility study for its Cangrejos gold-copper project in Ecuador, which the company said is the world’s top 15 gold…
Wind, solar to overtake coal in China’s power mix this year
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to forecasts by the China Electricity Council (CEC), an industry group. In…
Hecla Mining to speed up growth by expanding into Latin America
Hecla Mining (NYSE: HL), the largest silver producer in the United States, is looking to expand into Mexico, Peru and two other countries in Latin America to speed up growth…
Albemarle lays off 300 employees amid lithium price slump
Albemarle (NYSE: ALB), the world’s largest lithium producer, is said to have laid off more than 300 employees, or 4% of its total workforce, across its U.S. and global operations….