Chile open to modify copper royalty bill on miners objections
Chile’s government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the…
South America
Global Gold Exploration Snapshot: Eight juniors seeking the yellow metal
Gold is a mainstay of exploration, and the price of the yellow metal has been creeping up — recently surpassing US$2,000 per oz. — amid geopolitical and economic uncertainty. Here…
TNM Drill Down: Newfoundland produces the best gold assay of Mar. 13-17
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Peru exploration in 2023 focused on copper, gold and zinc
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of…
Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance
Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price. Despite the solid financial performance, the…
Nexa expands zinc resource, mine life of Aripuanã in Brazil
South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuanã zinc and copper mine in Mato Grosso state, Brazil by enough to extend the operation’s life by three…
TNM Drill Down: Great Boulder leads week’s top gold assays with Side Well in Australia
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
Silicon Valley Bank failure knocked NYSE lower last week
Stocks fell Mar. 6-10 as investors shifted from concerns over inflation to the outlook for the economy after regulators shut California-based Silicon Valley Bank following losses that prevented it from…
JV Article: Argentina Lithium capitalizes on EV demand for critical minerals
In mid-February, Ford Motor Company (NYSE: F) announced a US$3.5-billion investment to build a battery plant in Michigan that will help it reach its target of producing 2 million electric…
Lithium Chile confirms buyer interest in its assets following trade halt
In light of the recent trading activity in its share capital, Lithium Chile (TSXV: LITH; OTC: LTMCF) has released a statement confirming the expression of interest from an arm’s-length third…
PDAC: ‘Lithium OPEC’ in South America could drive away investment, says Sigma CEO
The creation of a lithium cartel in South America could drive away investment, according to Ana Cristina Cabral-Gardner, CEO of Sigma Lithium Resources (TSXV: SGML). Argentina, Chile, Bolivia and Brazil…
Not all copper is created equal in a decarbonizing world
As we enter 2023, the transition toward clean energy is intensifying. In some areas of the globe, carbon neutral idealism is giving way to a panicked “War on Carbon” as…