July 23, 2023

New draft decree proposes limiting issuance of mining titles in Colombia’s vulnerable ecosystems

Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations.

July 21, 2023

Excellon Resources acquisition of La Negra falls through

Excellon's two board members have resigned after the mine seller unexpectedly sent it a notice terminating the transaction.

July 20, 2023

Austral Gold begins commissioning of Chilean heap reprocessing project

Production is expected later this month, lasting until 2033.

July 20, 2023

Antofagasta’s Arriagada, Collahuasi boss frontrunners for Codelco’s top job

Other names circulating include internal candidates Nicolás Rivera and Mauricio Barraza, from the north and centre-south divisions.

July 19, 2023

Rio Tinto flags cost hike at Argentina lithium project

Rio Tinto’s $140 million estimate and schedule for the starter plant at Rincon lithium project are under review due to cost escalation.

July 18, 2023

Lucara underground Karowe diamond mine cost jumps 25% to $683m

Underground production will be delayed to the first half of 2028, rather than the second half of 2026.

July 18, 2023

Petra Diamonds misses production target for 2023 on lower grades

It produced 2.67 million carats for the year to June 2023, down by 20% from fiscal 2022 and below its guidance of 2.75-2.85 million carats.

July 17, 2023

SolGold’s Cascabel copper project license renewed for 25 years

A PFS shows the Ecuador asset has the potential to become one of the 20 largest copper-gold mines in South America.

July 17, 2023

Rainbow, Mosaic partner on rare earths extraction in Brazil

They expect to produce a preliminary economic assessment of the opportunity to extract rare earths from from Mosaic’s phosphogypsum stack.

July 14, 2023

CEO of defunct Banks Island Gold guilty of environmental violations at British Columbia mine

Court ruling found that former CEO Benjamin Mossman was "actively or passively involved" in the Yellow Giant mine exceeding permitted amounts of zinc.