April 2, 2019

Sable expands Margarita with best intercept to date

The company is targeting the project’s Margarita Vein, where it recently drilled the project’s best intercept to date.

April 2, 2019

Auditor that signed off on burst Vale dam appoints new Brazil CEO

German auditing firm TÜV SÜD AG has appointed a former Petroleo Brasileiro SA executive to head up its Brazilian subsidiary.

April 2, 2019

Iron ore prices shift structurally higher on Vale woes

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.

April 2, 2019

First Quantum plans $327m expansion of giant copper mine in Panama

The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to…

April 1, 2019

Alamos Gold sells royalty portfolio to Metalla for $8m

Alamos will sell a portfolio of 18 royalties to Metalla Royalty and Streaming for $8 million in Metalla shares. Following the transaction, Alamos will own 6.26% of Metalla.

April 1, 2019

Teck, Sumitomo close Quebrada Blanca transaction

Teck Resources and Sumitomo have closed their $1.2B transaction, giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.

April 1, 2019

China’s Ganfeng boosts stake in Argentina lithium project

Ganfeng Lithium Co plans to spend $160m to boost its stake in an Argentina project with Lithium Americas Corp from 37.5% to 50%.

April 1, 2019

Commodities’ best quarter since 2016 is tough act to follow

Commodities had their best quarter in almost three years, but demand outlook is running into troubling signs in the U.S. and China, the two biggest consumers.

April 1, 2019

Eight miners suffocated in unauthorized gold mine in Peru

Peru is home to several "informal" mines, where miners toil at improvised mining sites that operate outside of the law.

April 1, 2019

Vale denied stability re-certifications on 17 dams, dikes

The decision comes on the same day a Brazilian court froze an additional 1 billion reais ($255 million) in assets as possible compensation for damages related to a recent evacuation…