Argentina Mining News

McEwen Mining to speed up Timmins exploration program

The Canadian precious metals producer announced a financing plan consisting of a $10-million bought deal private placement offering of four million flow-through common shares.

Barrick Gold just bought more than $9 million worth of shares in this junior

The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.

Move over Chile, Macri's Argentina wants the mining limelight

Changing glacier law intensifies Argentina’s pro-mining agenda; pipeline of $20 billion beckons as nation bets on extraction.

McEwen to begin construction at Gold Bar project in Nevada

Move follows the reception of key permit — the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the project.

Argentina seeks new markets for aluminum as the US probes imports

The US' Commerce Department announced in April that it was probing imports of aluminum from China and elsewhere, blaming unfairly traded imports for causing several domestic smelters to close or halt production in recent years.

More than 10 firms in the running for Codelco's lithium assets — chairman

The state miner is seeking private-sector partners to develop and exploit its vast Maricunga and Pedernales deposits in the north of Chile.

Argentinian senator expresses opposition to Canadian miner's uranium exploration

Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.

Barrick to pay $20 million to settle Pascua-Lama arbitration case

Lawsuit was filed last year after the miner halted payments due to a local group.

China and Argentina to strengthen mining cooperation

The Asian giant is very interested in “intensifying investment trade and cooperation” with Argentina

World’s top 10 silver mines

Only six of the top 20 producers are primary silver miners. The polymetallic ore deposits from which silver are recovered account for more than two-thirds of the world's silver resources.

Argentina confirms charges for Barrick employees over 2015 cyanide spill at Veladero

Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.

Argentina lifts curbs on cyanide use at Barrick's Veladero mine

While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.

3,000-year-old copper mask is oldest crafted object in South America

It's a well-known fact that copper was used by ancient peoples to make some of the earliest tools and artwork.

Shandong to borrow $1.26B to buy half of Argentinian gold mine

Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.

Strike at Barrick’s Veladero mine suspended

Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.

Argentina ripe for new energy investment says Brisbane backer of US $2 billion coal mine-power station

A Brisbane company hoping to drive the development of a major coal mine and associated power station in Argentina, says the country’s current energy grid warrants substantial new investment in energy options.

Argentina to pass new mining law this week

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

Barrick may face 'negligence' charges over latest spill at Veladero — report

Local judge says the company failed to complete improvements that could have prevented the latest cyanide spill, the third such accident in less than 18 months.

Czech mining industry pins hopes of revival on lithium

The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.

Gold bull McEwen says price rally has just begun

The founder of McEwen Mining and Goldcorp believes prices for the precious metal will reach $5,000 an ounce in a matter of years.

Chile’s Codelco sets up lithium subsidiary

The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.

Golden Arrow and Silver Standard join forces in Argentina

Stars aligned for Golden Arrow when Chinchillas was ready to move to production and the company only had to look 18 miles down the road to Silver Standard's Pirquitas mine and its established production facility.