This is the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines, announced in early May.
Latin America Mining News
The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.
The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.
While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.
The company will announce "organic growth" in the coming months.
Mining lithium in the salars of Chile and Argentina is much more cost-effective than hardrock mining.
The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.
The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.
Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.
Pan American Silver Corp became the latest company to curtail operations in Mexico due to rising violence and crime.
In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.
Codelco just achieved a new, less enviable mantle -- the only major mining company with an all-male board and senior management team.
Codelco chief executive Nelson Pizarro said a strong copper price in early 2018 had offset the impacts of rising production costs.
Benavides had previously led Falabella, one of Latin America's largest retailers with operations spanning department stores, supermarkets, malls and more.
Brazilian miner Vale SA expects iron ore output at its premier S11D mine to reach 58 million tonnes this year.
While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.
SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year.
McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration.
SPCC has been processing copper and other metals in Peru since 1960.
In a written decision, it said it was "the responsibility of the lower-court judge" who is reviewing the case and was not a constitutional issue.
Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021.
Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.
Structural changes in the world's biggest importer, China, are re-shaping how the industry works.
Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.
MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.