Bolivia Mining News

Why the lithium bears are wrong

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.

Bolivia nearing deal on partner to develop lithium – minister

The South American nation hopes to sign a deal with a foreign partner after a decade of state-led development left output far short of goals for the metal.

Over 37% of Bolivia’s population benefiting from the mining sector.

Ross Beaty, Chairman of Pan American Silver and Pablo Guzman, Bolivian Ambassador in Canada, provided opening remarks highlighting the importance of silver mining in Bolivia and positive relations between Canada and Bolivia over the last 12 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.

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.

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.

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.

US Lithium to mine for copper, nickel, cobalt in Canada’s Saskatchewan

The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.

Chile injects $975 million into state-owned copper giant Codelco

Moves is expected to help the copper giant cope with a recently passed law that forces it to give 10% of its revenues to the armed forces.

This start-up plans to be a top lithium miner in the UK

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Canadian Wealth Minerals to acquire Chile’s Laguna Verde lithium project

The project, known as Laguna Verde, is located in the country’s north, known for its vast salt flats under which experts say there is enough of the commodity to supply the world for decades.

Chinese-Korean group to build $2 billion lithium batteries plant in Chile

Based on the conglomerate's estimates, opening such plant would increase value of the product 35 times, comparing to what it could be obtained by just selling it as lithium carbonate.

Striking Bolivian miners lift roadblock after killing country’s deputy minister

Rodolfo Illanes (56) was kidnapped Thursday, tortured and beaten to death according to officials.

Bolivia sets high hopes on its lithium industry

The country began shipping lithium to China this week, in what is considered the first step towards fulfilling its ambitions to becoming the world’s No. 1 exporter of the commodity.

Here’s why silver is crushing gold — Pan American Silver CEO

Silver is up 40% to date, while gold has only gained about 28%.

Glencore tries to enforce its rights in Bolivia

Bolivia seized three of Glencore’s operations in nine years and the Swiss giant is now initiating arbitration proceedings against the South American nation.

Chinese eye Atlantic Canada’s lithium project

Lithium prices have soared in the past year, and demand is set to outstrip supply by 2023.

Rio Tinto bets on lithium as Tesla yet to sign major supply deal

The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.

Nemaska Lithium gets go ahead for its Whabouchi mine in Quebec

The proposed open-pit surface and underground spodumene mine will produce lithium, highly used in the manufacturing of batteries for cell phones and electric cars.

Major blow to illegal mining in Colombia’s Amazon: 59 arrested

The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.

Mass grave with hundreds of skeletons found in Bolivian mining town

Hundreds of thousands have died over the years at the city's main silver mine, as a direct result of cave-ins, overwork, hunger and disease.

Venezuelan army said to have trespassed Guyanese border, attacked miners

Miner allegedly failed to pay the soldiers a periodical fee in exchange for them turning a blind eye to illegal mining on Venezuelan territory.

Bolivia passes mining law that bans partnerships with multinationals

The law, the first major overhaul of the country’s mining sector since 1997, denies cooperatives the right to partner with private companies, whether domestic or foreign.

Resource rich countries lead global conflict and political violence index

Levels of conflict and political violence have risen significantly in 48 countries, most of them considered traditional mining destinations.