Filo extends high-grade Aurora zone at Filo del Sol to 1.6 km
Filo Mining’s (TSX: FILO) ongoing drilling program at its Filo del Sol copper project in Argentina has extended the strike length of the emerging Aurora zone to 1.6 kilometres. The…
South America
‘Winter’ approaches for base metals equities, warns Haywood report
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday. Analyst Pierre Vaillancourt expects the constellation of base metals companies under…
Peruvian Institute of Economy reports ‘concerning’ decrease in mining private investments
A recent report by the Peruvian Institute of Economy states that the country’s mining sector has seen a ‘concerning’ decrease in private investments. According to the Institute, while the mining…
Trevali confirms arrest of Perkoa managers; receives creditor protection
Ailing zinc miner Trevali Mining (TSX: TV; US-OTC: TREVF) reported receiving an initial order from the Supreme Court of British Columbia under the Companies’ Creditors Arrangement Act (CCAA) on Friday,…
Two Trevali managers arrested in Burkina Faso due to Perkoa mine flood: reports
Burkina Faso news sources report that two Trevali Mining (TSX: TV) executives were arrested in the country due to the tragic flooding at the Perkoa zinc mine that trapped and…
‘Overexploitation’ caused sinkhole near Lundin Mining copper project, Chile government says
Chilean authorities say they can “confirm” the massive 36.5-metre diameter sinkhole which emerged on July 30 near Lundin Mining (TSX: LUN)’s Alcaparrosa copper mine is tied to mining “overexploitation”. Lundin’s Chilean unit…
Wheaton Precious cancels Glencore-Yauliyacu silver stream
At least one analyst has trimmed their target price forecast for Wheaton Precious Metals (TSX: WPM; NYSE: WPM) equity after the miner announced it has agreed to terminate its silver…
Copper deficit a critical destabilizing threat to international security, says S&P Global
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Permitting woes have Chile’s miners feeling ‘under threat’
A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile’s mining industry. First came the rejection of Anglo American’s (LSE: AAL) US$3-billion…
Lumina Gold grows its Cangrejos project in Ecuador
Lumina Gold (TSX-V: LUM) has concluded its drilling program at the Cangrejos gold-copper project in Ecuador, delivering what are likely the penultimate batch of results before the conclusion on a…
Teck CEO meets with Chile’s President Boric to discuss investments, royalties
Chile’s President Gabriel Boric and the chief executive of Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Don Lindsay, met in the capital Santiago to discuss the Canadian miner’s projects…