Rio Tinto kicks off $10m pilot hoping to become the largest lithium miner in US
Rio Tinto, the world’s No. 2 miner, may become the largest lithium producer in the United States if a pilot project that is kicking off at its Boron mine, in the California desert, proves to be successful enough to be expanded. The company will be studying ways to...
Gold rush in Canada’s Nova Scotia unearths opportunities and criticism
While the Canadian province of Nova Scotia has been attracting local and international companies lured by its untouched gold riches and the easy access to most assets, located nearby existing highways, some groups warn of potential impacts to watersheds and...
Newmont Goldcorp increases stake in Sirios to 19.9%
Sirios Resources has completed a non-brokered private placement for aggregate gross proceeds of C$1.48 million, the Québec-based gold miner announced Monday. The company issued 7.4 million units at C$0.20 per unit, a premium to the current share price of C$0.18....
Nexa to open world’s second largest zinc project currently under construction in 2021
Brazil’s Nexa Resources expects to begin commercial production at its recently acquired Aripuanã zinc project, in the country’s Mato Grosso state, by 2021, as the company seeks to maximize benefits of current market conditions for the base metal. The company, led by...
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