Lumina issued $24M in shares for Cangrejos gold-copper project, debt repayment
Lumina Gold (TSXV: LUM) has raised $19 million to advance its Cangrejos gold-copper project in Ecuador, where work is under way on a prefeasibility study….
South America
Global Mining Symposium: B2Gold expects robust H2 performance on all metrics
Canada’s youngest senior gold producer, B2Gold (TSX: BTO; US-OTC: BTG), expects to report robust operating and financial metrics for the second half of 2021, the…
Horizonte Minerals secures more funds for Araguaia nickel project in Brazil
A syndicate of five international financial institutions have approved a senior secured project finance facility of up to US$346.2 million for Horizonte Minerals (TSX: HZM;…
Albemarle to buy Chinese lithium firm for US$200 million
Albemarle (NYSE: ALB), the world’s top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans…
Global Mining Symposium: Peter Marrone on Yamana’s ‘generational’ mines
Peter Marrone, executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), shared his views on the company’s ‘generational’ strategy and assets…
McEwen Copper provides update on Los Azules in Argentina
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX) is advancing work on the Los Azules project in Argentina’s San Juan…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed…
Ero Copper study expands Boa Esperanca mine life, doubles production
An updated feasibility study for Ero Copper‘s (TSX: ERO; NYSE: ERO) Boa Esperanca project in Brazil has doubled life-of-mine copper production and increased the mine…
Appian Capital in talks to sell Atlantic Nickel for $1B, Brazilian daily newspaper reports
London-based private equity fund Appian Capital is said to be in advanced negotiations to sell its Atlantic Nickel unit in Brazil for around US$1 billion,…
Peru road blockades forces MMG to halt Las Bambas copper mine
Chinese miner MMG once again will have to halt operations at its Las Bambas copper mine in Peru, one of the country’s largest, as community…
International Lithium sells remaining stake in Mariana project to Ganfeng
Mariana is considered one of the biggest lithium deposits in the world.