Aether raises US$49M to extract lithium using AI
American start-up Aether said on Wednesday it has raised US$49 million to scale its AI and machine learning-based platform aimed at helping miners extract critical metals in a more resource-efficient…
Articles by Cecilia Jamasmie
Chaarat Gold sells Kapan mine in Armenia for US$54.5M
Chaarat Gold Holdings (LSE: CGH) is selling its only operating mine, Kapan, for US$54.5 million ($73.4 million) to Armenian miner Gold Mining Company. The miner, which once tried buying Centerra’s Kumtor…
Erdene to pour first gold at Mongolia mine in 2025
Erdene Resource Development (TSX: ERD) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025, when it will become one…
Hochschild Mining sees 300,000 oz per year potential in Chile gold project
Hochschild Mining (LSE: HOC) said on Monday it has completed a reevaluation of its Volcan gold project in Chile, which it added to its portfolio in 2012 with the acquisition…
Vision Blue injects US$40M into PNG lime project
Vision Blue Resources (VBR), a U.K. investment fund focused on battery and technology metals, has agreed to pay US$40 million ($53.8 million) to junior Mayur Resources (ASX: MRL) for a…
Chile’s President blocks push for private lithium concessions
Chile’s President Gabriel Boric has vowed to block a proposal by conservative lawmakers seeking to let private companies mine the country’s vast lithium reserves. Boric announced earlier this year a…
Chaarat Gold mulls sale of Kapan, its only operating mine
Chaarat Gold Holdings (LSE: CGH), the company that once tried buying Centerra’s Kumtor mine in the Kyrgyz Republic, revealed on Friday that it’s considering the sale of its only operating mine, Kapan,…
New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…
Ecuador’s president asks court to resume environmental consultations
Ecuador’s President Guillermo Lasso has asked the country’s constitutional court to revoke a decision issued last week to suspend a decree enabling environmental consultations prior to issuing mining licences. Popular…
Cornish Lithium secures initial $67M to keep UK project alive
The much-needed funding will allow Cornish Lithium will allow it to progress its Trelavour project to a construction-ready status.
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…