Savannah Resources raises $8m for Portugal lithium project
Funding allows it to move forward with its Barroso lithium project, slated to be western Europe’s largest mine of the battery metal.
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Aris Mining receives approval for Marmato expansion, shares rise
Over a nearly 20-year mine life, the expanded Marmato mine is expected to deliver average production of 162,000 ounces per year from the reserve base.
Chile miners, facing higher taxes, seek faster permits, lower energy costs
Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the renewable energy revolution.
Chinese-owned mine hit by more delays in key Peru copper expansion project
China Minmetals is bracing for further delays in building a second pit at its troubled Las Bambas copper mine.
Lion One’s face sampling at Tuvatu gold project outperforms expectations
Face sampling of two separate lodes returned 19.91 g/t and 9.60 g/t respectively.
Talon Metals discovers new semi-massive nickel sulphide formation at Tamarack
Hit was in part of the Tamarack intrusive complex never before explored.
US bill aims to counter China control of Congo critical minerals
The DRC produces about 70% of the world’s cobalt and also has major deposits of copper, lithium, tantalum, and germanium.
Rare earths prices sink to lowest since 2020 as China ramps up supply
Concerns have grown that China could further restrict exports of the strategic minerals after it limited exports of germanium and gallium late last month.
Vale inks deal to decarbonize Carajas iron ore railway
The plan includes the development of the first hybrid railway in Brazil.
