Peru's ongoing political crisis spells more trouble for miners in the world's No. 2 copper producing nation, following two years marked by increasingly frequent protests targeting the industry.The country was thrown into turmoil on Dec. 7, when former president Pedro Castillo was removed from office after less than a year and half on the job, after trying to dissolve Congress. The leftist Castillo...Read More
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) shareholders have approved the company's acquisition by Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM).Under the US$4.8-billion cash-and-shares deal announced last November, Pan American will acquire Yamana's portfolio of mines in Latin America, while Agnico will acquire Yamana's Canadian assets and consolidate...Read More
Camino Corp. (TSXV: COR) has signed a letter of intent to partner with Japan's Nittetsu Mining Co. at its Los Chapitos copper exploration project in Peru. Nittetsu currently operates the Atacama Kozan copper mine located in northern Chile, an iron oxide copper gold (IOCG) deposit style similar to Camino's Los Chapitos.Under the deal as outlined, Nittetsu can earn a 35% interest in Los Chapitos thr...Read More
Analysts say American Lithium's (TSXV: LI; NASDAQ: AMLI) Tonopah project in Nevada could run at world-beating costs based on a new study including the sale of by-product magnesium. The operating cost of the Tonopah Lithium Claims (TLC) project, about 340 km northwest of Las Vegas, is estimated at US$817 per tonne of lithium carbonate equivalent (LCE) including selling 1.7 million tonnes a year...Read More
Concern is growing over the federal government's seeming inability to leverage Canada's vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape, an industry event in Vancouver heard this week.Besides examining resource sector investment opportunities closely, Vancouver Resource Investment Conference (VRIC) organizer and Cambridge House Internationa...Read More
China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world's second largest producing nation of the metal, on care and maintenance due to ongoing community protests triggered by the impeachment and arrest of former president Pedro Castillo late last year.Nationwide protests continued for an eighth week on Wednesday, amid the South American country's political crisis,...Read More
Australia's Tombador Iron (ASX: TI1) has temporarily halted production at its flagship iron ore mine in Brazil, as an ongoing blockade in the state of Bahia is disrupting logistics.Unrest hit Brazil in early January as supporters of ex President Jair Bolsonaro who refuse to accept his electoral defeat stormed Congress, the Supreme Court and presidential palace. Protests have continued despite gov...Read More
An Australian emergency services search team has found a tiny, but potentially deadly radioactive capsule belonging to Rio Tinto (ASX, LSE: RIO) on the side of a highway in the northern region of Western Australia.The stainless steel device, just 8 millimetres long and 6 mm in diameter, was lost while being transported from the company's Gudai-Darri iron ore mine in the Pilbara last week.The cap...Read More
Jan 31, 2023 This summit discusses Lavras Gold's assay results published in its news release dated 25 Jan 2023 and the ...Read More
Galen Weston has generated massive wealth during the pandemic while trying to PR us into thinking he is 'the billionaire for the ...Read More
A real estate company named Thrive Living is proposing to build the first Costco in South Los Angeles, with an addition of 800 ...Read More
Joining us on The Daily Dive this afternoon is David Erfle, founder of JuniorMinerJunky.com. Today on the show, David dives into ...Read More
Federal prosecutors filed a request in a Manhattan court on Friday regarding SBF, former CEO of FTX. The request cites efforts by ...Read More
The federal reserve has announced another 25 basis point rate hike raising the federal funds rate target range to 4.5% - 4.75%.Read More
Here's a recap of our latest episodes! We are releasing new episodes every week so make sure to subscribe to the Crownsmen ...Read More
Avricore Health CEO Hector Bremner joined Steve Darling from Proactive to share news the company has provide an update on ...Read More
GGL Resources CEO Doug Eaton joined Steve Darling from Proactive to share news the company has released positive Silver ...Read More
Chesapeake Financial Shares CEO Jeff Szyperski joins Natalie Stoberman from the Proactive studio to discuss the company's ...Read More
Elon is gonna elon.Read More
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