December 7, 2022

Colombia to create national mining company, 2022 royalties soar

The Ministry of Mines and Energy could sign a memorandum of understanding with the SAE as soon as Monday.

December 7, 2022

Equinox Gold sells $51 million stake in Solaris Resources, stock rises

Equinox has seven operating gold mines in the US, Mexico and Brazil and a multi-million ounce growth project in Ontario, Canada.    

December 7, 2022

Antofagasta faces charges, fines for environmental breaches in Chile

The environmental watchdog said Centinela's use of water was a threat to the Loa frog, which is a critically endangered species.

December 7, 2022

Vale forsakes volume for value in boost to iron ore’s nascent price recovery

The Brazilian mining giant has been slowly ramping back up after losing its mantle as the world’s biggest producer of the steelmaking raw material.

December 7, 2022

Vale to break out base metals business, sell stake in 2023

Vale will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of 2023.

December 6, 2022

BYD eyes Chilean lithium deals in search for EV fuel

BYD intends to provide technology for Chilean mines to directly extract lithium, and will secure supplies through offtake agreements with producers.

December 5, 2022

Lake Resources shares dip on another short seller report

According to J Capital analysts, the DLE technology the company is looking to use could be “dramatically” underperforming expectations.

December 5, 2022

Lithium Chile nearly doubles Salar de Arizaro resource

With the addition of a second production well at the project, total indicated resources are 1.3 million tonnes of LCE at a grade of 284 mg/L.

December 5, 2022

BHP says Vale must share damage costs in Fundao dam collapse lawsuit

Although Samarco, a joint venture between BHP and Vale, operated the dam, the class action involving around 200,000 people does not name Vale.

December 5, 2022

Glencore’s new-mine taboo may finally end with Argentina copper

Activity has recently increased at Glencore’s El Pachon copper deposit.