Water rights under scrutiny in Chile’s Atacama Desert
Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and other minerals are increasingly finding water is their most precious resource.
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E2 Metals shares soar 270% on first Mia drill results
The miner got first gold and silver assay results for the drill program at the Mia prospect at its Conserrat project in the Santa Cruz province of Argentina.
US court upholds miners’ rights to explore on federal lands
A coalition of environmental groups asked the Court to enjoin and declare invalid portions of two rules issued by the BLM and the DOI.
Major shareholder offers to take Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals, are proposing a buyout offer of the pure-play copper company.
Banks don’t want to lend to Australia’s coal miners any more
One of the country’s largest banks said it would end almost all investment in thermal mines and power stations by 2030.
Nordgold submits off-market bid for Cardinal in takeover war
It is supplementing its A$1-per-share bid with an off-market offer of equal value in an effort to defeat Shandong Gold.
Millennial commissions lithium carbonate pilot plant at Pastos Grandes
The Canadian miner said the first output of battery-grade lithium carbonate is planned for Q4-2020.
Seaborne thermal coal demand to rise over next decade – report
A report commissioned by the Minerals Council of Australia states this growth stands on the same drivers that allowed seaborne thermal coal volumes to double between 2006 and 2019.
Gem Diamonds back in the black on higher prices
Gem Diamonds reduced its net debt by $6.6 million in the July-September quarter, ending the period with $1.1 million in cash.