July 22, 2018

Miramont’s project in Peru may affect Indigenous communities

The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.

July 20, 2018

Tesla’s battery maker suspends cobalt supplier amid sanctions concern

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.

July 19, 2018

Strike looms after breakdown in talks at Chile’s Caserones copper mine

A union representing workers at Lumina Copper's Caserones mine in Chile said on Thursday that contract negotiations with the company had failed, paving the way for a potential strike.

July 19, 2018

Bacanora Lithium changes its mind on how to fund flagship Sonora mine

It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.

July 19, 2018

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.

July 19, 2018

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

July 18, 2018

Australia’s Northern Minerals makes first rare earth from pilot plant

Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.

July 18, 2018

Colibri Resource intersects 61 metres with an average grade of 0.75 grams per tonne gold

The Maritime-based junior is drilling its Pilar Gold Project in Sonora, Mexico. 

July 18, 2018

BHP posts record annual iron ore output, beats Q4 forecasts

Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.

July 18, 2018

Peru unit of Plateau Energy finds one of ‘world’s largest’ lithium resource

Company plans to complete a feasibility study next year, which will reveal whether the proposed $800 million, underground lithium-uranium mine can and should be built.