Would-be lithium miners eye Chile’s Maricunga Salar
Despite tight restrictions, an Australian junior is planning to begin construction of Chile’s first new lithium project in decades. Home to the world’s largest lithium…
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Chile to open up 400,000 tonnes of lithium reserves for exploration
Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and…
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it…
Orocobre and Galaxy Resources to merge in $3B deal
Lithium miners Galaxy Resources (ASX: GXY) and Orocobre (TSX: ORL; ASX: ORE) have agreed to a merger that would create a US$3.1 billion (A$4 billion) company, set to be…
Water rights under scrutiny in Chile’s Atacama Desert
In one of the world’s driest deserts, the battle for water is heating up. Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index…
Lithium Chile spins out base metals
Although Lithium Chile (TSXV: LITH) has been a lithium-focused company since 2015, that wasn’t always the case. It went public in 2011 under the name…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to…
Productivity, cost concerns weigh on Chile’s miners
Productivity concerns, high costs and unmet landowner expectations are some of the problems foreign mining companies face in Chile — a country responsible for a…