Auxico plans to build US$116M rare earth refinery in Colombia
Auxico Resources Canada (CSE: AUAG) is making plans to build a 10,000-sq.-metre rare earth refinery in the free trade zone in the city of Santa Marta, Colombia. With a throughput…
South America
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
South32 locks 45% stake in Sierra Gorda copper mine
South32 (LSE: S32; ASX: S32; JSE: S32) says it will proceed with the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile, as project partner KGHM…
Peru’s mining policy snafu gives investment a bloody nose
Peru appears to have backtracked on a decision announced on November 19 that it would have forced the premature closure and block extensions of Hochschild Mining‘s (LSE: HOC; US-OTC: HCHDF)…
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
Hochschild shares tank after Peru nixes key mine extensions
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) says it will fight “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada mines on environmental grounds. The…
JV Article: Great Panther Mining aims to add more ounces at Tucano in Brazil
Canadian miner Great Panther Mining (TSX: GPR; NYSE: GPL) is a gold and silver producer with a diversified portfolio of assets in the Americas. The Vancouver-headquartered company owns properties in Brazil, Mexico,…
Zijin Mining plans to produce copper at its Buritica gold mine
Zijin Mining, China’s No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold…
SolGold taps former BHP executive as new CEO
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has named former BHP executive Darryl Cuzzubbo as the company’s new boss, as the junior works to improve relations between the board and its…
Pan American Silver cuts guidance on labour shortages, higher costs
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has lowered its silver and gold production targets for the second time this year as costs related to ventilation upgrades at its La…
Largo Resources rebrands into a vanadium energy storage play
Vanadium miner Largo Resources (TSX: LGO; Nasdaq: LGO) is rebranding to Largo Inc. to reflect its focus from being seen only as a primary vanadium miner to a fully integrated…