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Category: Latin America

Lithium Americas makes US$400M bid for Millennial Lithium

Miners News

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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Environmental regulator ‘archives’ AngloGold permit

Miners News

AngloGold Ashanti has said that Colombia’s environmental regulator published a decision to “archive” the environmental permit application for its Quebradona project in the Middle Cáuca region. The South African miner has yet to receive a formal notification of the decision by Autoridad Nacional de Licencias Ambientales (ANLA) and said it would study the formal archive decision once received. Generally, a…

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Sibanye-Stillwater acquires nickel, copper assets in Brazil

Miners News

South African miner Sibanye-Stillwater has purchased the Santa Rita and Serrote mines in Brazil from Appian Capital Advisory for US$1.0 billion. The deal adds two low-cost, producing assets to the company’s green metals portfolio. “The transaction is a significant additional step in Sibanye-Stillwater’s ongoing strategy to position the business for continued value creation during our transition into a climate change…

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Great Panther picks safety, re-idles Tucano UCS pit

Miners News

Canadian-based gold and silver producer Great Panther Mining has, for the second time in five months, opted to suspend operations at the Urucum Central South (UCS) pit at its Tucano gold mine in Brazil over safety concerns. The company’s geotechnical committee has advised of additional remediation work that needs performed at the pit to improve safety factors; pit wall issues…

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Codelco’s Radomiro Tomic selects Foresight

Francesca Mills

Chilean miner Codelco has submitted an order with Metso Outotec for delivery of its Foresight semi-mobile primary gyratory (SMPG) crushing plant for its Radomiro Tomic copper mine near Calama, El Loa province. Financial details for the order were not released, but Metso Outotec said it has been booked with its 3Q21 received orders under its minerals arm. A timeline for…

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Brazil’s next underground mine advances

Miners News

Nexa Resources said Oct. 13 that it has received the operating licence for its Aripuanã polymetallic project in Mato Grosso, Brazil. The project, which will be the company’s sixth underground mine, was given its license from the Environmental Secretariat of the state of Mato Grosso (SEMA) on Oct. 7. Aripuanã’s resource includes zinc, lead and copper. The site will also…

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Vale halts Onça Puma mine operations on licensing issue

Miners News

Vale has confirmed the suspension of operations at its Onça Puma nickel mine in the Para state, Brazil, after being notified by government officials it was out of compliance with its mining license. The miner said Oct. 4 that the Environmental and Sustainability office of the Para State (SEMAS), which according to local reports issued the notification on Oct. 1,…

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