Industry News
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Millennial Lithium gets license to expand Pastos Grandes project
Millennial Lithium gets license to expand Pastos Grandes project The Mining Court of the Argentinian province of Salta granted Millennial Lithium’s (TSXV: ML) subsidiary, Proyecto Pastos Grandes S.A, the Nueva Sijesyta 01 mining license, which was part of a set of properties owned by stat...Read more -
SolGold launches $20m fundraising for Alpala exploration
SolGold launches $20m fundraising for Alpala exploration Ecuador-focused miner SolGold (LON, TSX:SOLG) is launching a fundraising to raise a minimum of £16 million (about $20m). The company says the fundraising seeks to fully cover the costs of a preliminary feasibility study (PFS) for th...Read more -
Zirconium, titanium, rare earths refining technology funded by Korea
Zirconium, titanium, rare earths refining technology funded by Korea Australian Strategic Materials announced that its Korean partner, Zirconium Technology Corporation, was awarded $4.5 million in grants by the Korean government to be used in the development of the companies’ joint vent...Read more -
Guinea approves SMB-Winning deal for Simandou
Guinea approves SMB-Winning deal for Simandou Guinea’s government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Singaporean interests, the mines minister told Reuters. The consortium – whi...Read more -
Gold giant Australia is firing back up a record exploration boom
Gold giant Australia is firing back up a record exploration boom Gold miners in Australia — set to leapfrog China next year to become the top producer — are resuming a pandemic-disrupted exploration spree as prices surge amid a dearth of major discoveries. “Gold does really well in volati...Read more -
Endeavour Silver reopens Mexico mines
Endeavour Silver reopens Mexico mines Canada’s Endeavour Silver (TSX: EDR) (NYSE: EXK) has resumed operations at its three underground silver-gold mines in Mexico, following approvals from the country’s health authorities. The Vancouver-based silver producer noted its mines and plants wer...Read more -
Inca One to launch online bullion store
Inca One to launch online bullion store Canada’s Inca One Gold (TSXV: IO) announced that it will launch an online bullion store so that collectors and investors can purchase gold directly from the company. In a press release, the gold producer said its bullion store will initially offer ...Read more -
Iron ore powers past $100 as supply woes meet robust demand
Iron ore powers past $100 as supply woes meet robust demand Iron-ore surged past $100/t as supply woes in Brazil coincide with sustained, robust demand in top steel producer China. Benchmark spot prices climbed to $101.05 on Friday as Brazil, the world’s second-largest exporter, saw a sur...Read more -
Zambia’s CEC to discontinue power supply to Konkola Copper Mines
Zambia’s CEC to discontinue power supply to Konkola Copper Mines Zambia’s Copperbelt Energy Corp (CEC) will stop supplying power to Vedanta’s local unit Konkola Copper Mines (KCM) from Monday, it said after talks on an extension to their supply agreement broke down over debt owed to CEC. ...Read more -
Five mines in Europe take part in €7m digitization project
Five mines in Europe take part in €7m digitization project Sixteen organizations across the European Union have joined forces in Dig_IT, a consortium that is going to administer €7-million destined for a project titled A Human-centred Internet of Things Platform for the Sustainable Digita...Read more -
80% of Mexico mines have restarted operations
80% of Mexico mines have restarted operations About 80% of Mexico’s mining sector has restarted as the country continues to ease restrictions on miners amid the coronavirus pandemic, Francisco Quiroga, Mexico’s undersecretary of mines with the country’s Ministry of Economy, said in an int...Read more -
Latin America virus surge puts world’s biggest mines at risk
Latin America virus surge puts world’s biggest mines at risk The decision to keep Chinese factories shut after the Lunar New Year sent shudders through the massive mines of Brazil and Chile that feed them. Now, with China getting back to work and Latin America the new virus hot spot, conc...Read more