New acquisition would increase the Canadian company's holdings in Salta to 8,664 hectares.
Argentina Mining News
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
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.
Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.
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.
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.
While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.
Agreement is part of plan to double investment in the sector to $25bn in eight years.
It's a well-known fact that copper was used by ancient peoples to make some of the earliest tools and artwork.
Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.
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.
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.
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.
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.
The founder of McEwen Mining and Goldcorp believes prices for the precious metal will reach $5,000 an ounce in a matter of years.