Franco-Nevada buys Yanacocha gold mine royalty for US$210M
Royalty and streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has agreed to pay Buenaventura up to US$235 million in cash and shares for a 1.8% net smelter return royalty (NSR)…
South America
Escondida workers reject BHP offer that includes US$28,900 per-worker bonus
Workers at BHP‘s (NYSE: BHP; LSE: BHP; ASX: BHP) Escondida copper mine in Chile downed tools on Tuesday after wage negotiations ended up without and agreement between the parties, despite…
Chile-focused CleanTech Lithium heads for Australian listing
Chile-focused explorer and developer CleanTech Lithium (AIM: CTL) said on Tuesday its plans to list on the Australian Securities Exchange (ASX) next month, targeting to raise up to A$20 million…
Video: Aclara aims to build mine-to-magnet rare earths supply chain in the Americas
Aclara Resources’ (TSX: ARA) Carina Module rare earths project in Brazil could become an important source of dysprosium, a key rare earth element needed for climate change fighting technology, chief…
Video: World Gold Council sees market uncertainty raising metal’s price
Despite gold’s strong performance in the year’s first half, Western investors largely remained on the sidelines, Joe Cavatoni, senior market strategist for the World Gold Council, said in an interview….
Aclara grows Carina Module rare earth resource in Brazil
Aclara Resources (TSX: ARA) has boosted the total tonnage at its Carina Module rare earth project in Brazil by 77%, the company said Friday. The project in Goiás state now…
Nutrien names insider Mark Thompson as CFO as potash market wobbles
Nutrien (TSX: NTR; NYSE: NTR), the world’s biggest fertilizer producer, has appointed a new chief financial officer amid an industry downturn that has dented profits. Mark Thompson, who has been…
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Cerrado Gold avoids new capital costs in plan to expand Don Nicolás mine in Argentina
Cerrado Gold (TSXV: CERT; US-OTC: CRDOF) says it plans to bring four sites at its Minera Don Nicolás (MDN) mine in southeast Argentina into production without capital spending because it’s…
Video: Chakana Copper aims to grow Soledad resource, CEO says
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) aims to expand its initial Soledad copper, gold and silver resource in Peru to 10 million tonnes before wrapping an economic study around it,…
Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta
At a time when most copper projects are struggling with soaring capital costs, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide project in Chile’s Atacama Desert to break the mould…
BHP turns to mediation to avoid strike at Escondida
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) plans to request the Chilean government mediate in talks with union leaders at Escondida to avert a strike at the operation, the world’s…