Lawmakers file impeachment proceedings against Chilean president
Earlier this month, lawmakers in Chile filed impeachment proceedings against President Sebastián Piñera after allegations surfaced in the Pandora Papers about a deal involving the…
South America
President Pedro Castillo supports Bear Creek Mining’s Corani project in Peru
Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru’s new president, Pedro Castillo, and representatives of local communities, support the…
Hochschild to spin off Chilean rare earths company
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) is spinning off its Chilean rare earth subsidiary Aclara Resources and plans to list it on the Toronto Stock Exchange. It…
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global…
Appetite for ‘green energy metals’ drives deals
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric…
South32 buys stake in KGHM Chilean mine for about US$1.55B
Australia’s South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH)…
Lake Resources partners with Lilac Solutions to develop Argentine lithium project
Australian lithium developer Lake Resources (US-OTC: LLKKF; ASX: LKW) is forming a partnership with California-based Lilac Solutions for technology and funding to develop its flagship…
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…
Glencore sells Bolivian assets to Santacruz Silver Mining
Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF), which owns the producing zinc-lead-copper Zimapan mine in Mexico’s Hidalgo state, is acquiring a portfolio of silver assets…
World Copper pursues low-cost oxide strategy
World Copper (TSXV: WCU; US-OTC: WCUFF) is making headway on developing compelling low-cost, oxide-resource-based copper projects in Chile and the United States, CEO Nolan Peterson…
Antofagasta to test use of hydrogen in mining equipment
Antofagasta (LSE: ANTO) has become the first mining company in Chile to set-up a pilot project to advance the use of hydrogen in large mining equipment, especially haulage trucks. The pilot, set up…
JV Article: Baroyeca Gold and Silver dives into Colombia
This year has been transformative for Baroyeca Gold and Silver (TSX: BGS; US-OTC: BRYGF), the company says. The junior explorer has raised over $3 million…