Silver Elephant to spin-out battery metals assets
Canada’s Silver Elephant Mining (TSX: ELEF; US-OTC: SILEF) is splitting its battery metals assets into several new companies that will be spun-out to its shareholders to…
South America
Bacanora Lithium accepts Ganfeng’s US$391M takeover offer
China’s Ganfeng Lithium, one of the world’s top producers of the battery metal, is going ahead with the takeover of Bacanora Lithium (LSE: BCN) as the Mexico-focused explorer and…
Codelco breaks ground at US$1.4B expansion of Salvador copper mine
Chile’s state miner Codelco, the world’s No. 1 copper producer, has broken ground at the US$1.4 billion expansion of the Salvador copper mine, which will extend…
Fortescue best positioned to weather industry disruption – report
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason…
JV Article: Blue Sky Uranium advances the Amarillo Grande uranium-vanadium project in Argentina
Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is exploring for uranium and vanadium deposits in the Patagonia region of southern Argentina, where it holds 400,000 hectares…
BHP fired 48 workers in two years for sexual harassment
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in,…
Chile’s drought forces Antofagasta to cut copper guidance
The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes.
Resource nationalism sweeps top mining countries in Latin America
A move towards resource expropriation, tax and royalty increases, as well as demands for local participation in companies’ ownership–all components of resource nationalism–continues to increase,…
Rio2 tests non-carbon gold recovery tech for Fenix project
Rio2 (TSXV: RIO) is moving to the next stage of testing of a new gold processing technology developed by Canadian nanotechnology company, Sixth Wave Innovations…
Wheaton announces record revenue, cash flow and sales volume for first half of 2021
Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) announced strong results for the second quarter of the year, saying it remains on track to…
Gran Colombia Announces Closing of Offering of US$300 Million
Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in…