The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.
Argentina Mining News
The deal confirms the company’s tenure of ~45,000 hectares of mining leases that cover the Olaroz – Cauchari Lithium Brine Project and the Paso Lithium Brine Project.
The Vancouver-based company fell the most in nearly two years Wednesday.
Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.
Hochschild Mining Plc expects production to grow slightly this year as it ramps up output at the Pablo vein at its Pallancata mine in Peru
President’s move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.
$429 million impairment on the stalled project after Chile environment agency ordered final closure.
The accident at Gualcamayo mine involved two employees of a local contractor traveling in a light truck on an access road at the Las Vacas exploration site.
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.
Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.
The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.
The bulk of new capacity would come online in 2019.
Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.
A new joint venture has been born.
New acquisition would increase the Canadian company's holdings in Salta to 8,664 hectares.
Initial work at the Santa Cruz site started back in 2009.
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.
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.
Changing glacier law intensifies Argentina’s pro-mining agenda; pipeline of $20 billion beckons as nation bets on extraction.
Move follows the reception of key permit — the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the project.
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.
The state miner is seeking private-sector partners to develop and exploit its vast Maricunga and Pedernales deposits in the north of Chile.
Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.
Lawsuit was filed last year after the miner halted payments due to a local group.
The Asian giant is very interested in “intensifying investment trade and cooperation” with Argentina