Category: Latest Mining News

Vancouver-based Solaris Resources (TSX: SLS) announced a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (FICSH) and Ecuador’s Alliance for Entrepreneurship and Innovation.

Despite the 80% retreat in lithium prices over the past year, junior companies in the space are confident in the long-term view for the battery metal.

Patriot Battery Metals (TSX: PMET; ASX: PMT) has leveraged its management’s experience in Australia — the world’s largest lithium producer — to make lightning-fast progress at its Corvette project in Quebec.

The indicated resource count at Tudor Gold‘s (TSXV: TUD) flagship Treaty Creek project in British Columbia has grown by 19% in terms of gold-equivalent ounces following last year’s drill program targeting the northern portion of the Goldstorm deposit.

SolGold (TSX: SOLG; LSE: SOLG) has managed to slash the upfront cost of its 100%-owned Cascabel project in Ecuador while the company continues to explore the potential sale of its flagship copper-gold property. A new pre-feasibility study released Friday showed a sizeable reduction in the initial capital cost, highlighted by over US$1 billion in savings.

Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has signed multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Quebec-based miner to help it produce high-quality graphite in North America.

Gold Rim Exploration Inc. is proud to announce the successful acquisition of a 49% stake in the gold mine located near Bulawayo, Zimbabwe. This acquisition, for an undisclosed amount, marks a significant milestone in the company’s expansion into the African mining sector.

Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop in the metal’s price continues to hit the industry.

Capstone Copper (TSX: CS; ASX: CSC) and major shareholder Orion Resource Partners, have closed a $431-million bought deal to support the copper miner’s near-term growth initiatives in Chile.

Silvercorp Metals’ (TSX: SVM; NYSE: SVM) planned takeover of African gold developer OreCorp (ASX: ORR) has been cleared by the Tanzanian Fair Competition Commission (FCC).

Zhaojin Mining has once again extended the offer period in its bid for Australia’s Tietto Minerals (ASX: TIE), a West Africa-focused gold producer.

China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to forecasts by the China Electricity Council (CEC), an industry group.