Trevali Mining has completed its divestment of its 100% interest in the Santander zinc-lead-silver operation in Peru to Cerro De Pasco Resources. The deal, first announced 8 November, was made for C$1 million in cash, 10 million common shares of CDP and a 1% net smelter return royalty on some areas of Santander. Trevali said it sold the mine to…
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Canadian-based, Brazil-focused producer Amarillo Gold has confirmed it has signed a plan of agreement to be acquired by Hochschild Mining in a share deal worth US$105.8 million. Under the terms of the transaction, Hochschild will acquire all outstanding shares of Amarillo for cash consideration of $0.31 and one share of a new fellow Brazil-focused exploration company, Lavras Gold. Lavras, which will…
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BHP has confirmed its Escondida and Spence operations in Chile, along with its Olympic Dam asset in Australia, have earned the Copper Mark distinction for their respective responsible copper production practices. The mines, which were awarded following an independent assurance process, were first entered for recognition on 31 October 2020 via letters of commitment from BHP. The Copper Mark was awarded…
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Silver and gold producer Hochschild said it will fight actions taken by the Peruvian government that are “not in accordance with … law” after learning that the country’s head of cabinet would deny extensions and close its Pallancata and Inmaculada silver mines for environmental reasons.
Read MoreAumund of São Paulo and Germany-headquartered Schade Lagertechnik recently teamed up for their newest purchase order: the delivery of a Schade stacker for an iron ore operation in the Minas Gerais state, Brazil. While neither identified the customer, the mine’s plant is to the southeast of Belo Horizonte and will be designed with an output capacity of 1,800 tonnes per…
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In an effort to boost its mining sector, the head of Colombia’s national mining agency (ANM) said the country plans to hold a bidding round for gold exploration contracts early next year.
Read MoreThe first quarter of next year will be a busy one for miner Eramet, which has confirmed it will restart construction at its Argentina lithium plant – work that has been halted for more than 18 months. As part of its fast-track into an energy metals transition and to strike on growth and demand momentum, the French company said the…
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Canadian-based Cerro de Pasco Resources is adding to its polymetallic interests with the acquisition of the Santander operation in Peru from Trevali Mining.
Read MoreBQE Water has teamed up under contract with miner Codelco to test its Sulf-IX sulphate removal technology and BioSulphide copper recovery process at several of the operator’s sites in Chile.
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Lithium Americas has entered a bidding war for Argentina-focused Millennial Lithium with a US$400 million stock-and-cash offer. The bid comes a month after China’s Contemporary Amperex Technology Co Ltd. (CATL) agreed to purchase Millennial for C$377 million (US$303.8 million). “In proximity to Caucharí-Olaroz, Millennial’s 100%-owned Pastos Grandes lithium brine project represents an attractive regional growth opportunity for Lithium Americas,” said…
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