Mining News
The case against the inspectors was dismissed after a judge found that the summons was not properly served.
CMOC Group acquired the project in 2025 through its takeover of Lumina Gold and aims to accelerate its development, which is currently in the design and planning phase.
The company estimates potential synergies of up to C$500 million through operational integration, improved mine planning, and removal of property constraints.
These activities will take place in parallel with ongoing collaboration with local communities and Native American Tribes as well as state-level permitting.
The agreement comes as Argentina seeks to attract capital into its mining sector.
It is expected to produce up to 2.2 million ounces over a 17-year mine life.
Lobo-Marte joins a wave of major mining projects entering Chile’s permitting pipeline.
They cautioned that the law lacks essential safeguards, including mandatory environmental impact assessments, independent monitoring and protections for Indigenous communities.
Anglo American, a major operator in Chile, finalized the agreement with Codelco last September.
Rio has launched a $500 million drilling campaign to explore previously inaccessible sections of the deposit.
The acquisition positions Coeur as a leading North American precious metals producer with enhanced scale, diversification, and financial flexibility.
The acquisition significantly expands Zijin’s resource base, adding producing assets across China, Laos, and Ghana.
According to a 2023 feasibility study, the project carries an estimated 12-year mine life, with average annual production of 320,000 ounces of gold-equivalent.
This has enabled a revised dividend policy targeting 50% of annual free cash flow.
Consolidated production exceeded 20,000 ounces in both January and February, indicating a positive quarterly trajectory.
The Kennecott copper mining operation is one of the top-producing mines in the world, according to the company's website.
Fortescue said the acquisition strengthens its copper portfolio and expands its presence in Latin America.
Future tailings generated from operations will initially be used as underground backfill.
SSR Mining added that it is also reviewing its remaining assets in Turkey, including its 20% earned interest in the Hod Maden Project development project.
Divesting Casa Berardi is central to Hecla’s strategic repositioning, as the company seeks to optimize its asset portfolio.
Analyst Jeremy Hoy estimates the company’s combined production, including mines in California and Nicaragua, could reach 800,000 ounces this year.
Argentine Economic Minister Luis Caputo confirmed the arrangement, highlighting its economic significance.
Peru’s high commissioner for the fight against illegal mining, Rodolfo García Esquerre, acknowledged as much during a television interview in early February.
Under the agreement, Barrick has 30 days to remedy the issue or initiate corrective action, failing which the dispute could proceed to a Nevada court.
More than 16,000 acres of wildlands would be destroyed, including habitat for hundreds of migratory birds and a diverse array of other species, some of them endangered.