TORONTO, CANADA (BY Denarius Metals, 18.Jun.2026, Words: 540) — Denarius Metals Corp. upsized its prepayment agreement dated 7 Feb. 2025 (the “Facility”) with Trafigura Pte. Ltd. from $9,000,000 to $16,000,000. The additional financing of up to $7,000,000 will be used by the company to fund the current exploration drilling campaign […]
Tag: mining
Vizsla highlights feasibility study and convertible notes offering
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 2.Dec.2025, Words: 189) — Vizsla Silver Corp. highlighted positive results of an independent feasibility study for its 100% owned flagship Panuco silver gold project in Mexico. “With the completion of our feasibility study and this successful convertible notes offering, we are […]
Finland tops annual global mining survey rankings, Ethiopia ranks last
VANCOUVER, BC (By Fraser Institute, 29.Jul.2025, Words: 263) — Finland is the most attractive jurisdiction in the world for mining investment, followed by Nevada and Alaska, according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “The Fraser Institute’s mining survey is the most comprehensive report […]
Vizsla Silver closes over-allotment option for proceeds for Panuco project in Sinaloa, Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 14.Jul.2025, Words: 388) — Vancouver, BC-headquartered Vizsla Silver Corp., further to its successfully completed bought deal public offering of 33,334,000 common shares of the company at a price of $3 per initial share, said underwriters have purchased an additional 5,000,100 common shares […]
Sweden’s Sandvik wins major mining equipment order in Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 16.Jun.2025, Words: 132) — Sweden’s Sandvik has been awarded a large underground mining equipment order from La Cantera Desarrollos Mineros, one of Mexico’s leading underground mining contractors. The order is valued at SEK 430mn and was booked in the second-quarter 2025 (2Q:25).
Vizsla Silver resumes field work at Panuco silver-gold project in Sinaloa, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 5.May.2025) — Vancouver, BC-headquartered Vizsla Silver Corp. resumed all field work activities at its flagship Panuco silver-gold project in western Mexico. Ongoing programs include test mine development, geotechnical drilling, exploration drilling, mapping and geophysical surveys. Vizsla aims to become the world’s leading […]
Hot Chili Drilling Update – La Verde Cu-Au Porphyry Discovery in Chile
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 19.Mar.2025) — Hot Chili Limited provided an update on continuing drilling operations at the La Verde copper-gold porphyry discovery, located approximately 30km south of the company’s Costa Fuego copper-gold project planned central processing hub at low elevation in the coastal range of the […]
New Gold Announces Commercial Production at New Afton
(New Gold., 29.Oct.2024) — New Gold Inc. announced the completion of significant production milestones at the New Afton copper-gold mine in British Columbia and the Rainy River gold mine in Ontario. C-Zone, New Afton’s fourth block cave, achieved commercial production ahead of schedule with the materials handling system coming online […]
Peru’s Copper Industry At Risk As New Administration Takes The Wheel
(Mining.com, 14.Jun.2021) — Peru, the world’s second-largest copper-producing country, could see mining output decrease as socialist candidate Pedro Castillo emerges as the winner of the presidential elections, with 99.6% of the votes already counted. According to the latest update, at 06:21 am ET, Castillo had about 50.2% of the vote, […]
SSR Mining Releases ESG, Sustainability Report
(SSR Mining, 30.Mar.2021) — SSR Mining Inc. announced publication of its ESG and Sustainability Report. The report outlines SSR’s approach to sustainability across a range of areas and summarizes SSR’s 2020 performance. Sustainability Report Highlights Amalgamation of best practices from across our business to develop an integrated Environment, Health, Safety […]
Ecuador Eyes Mining Investments Of $1.3bn
(Energy Analytics Institute, 9.Jul.2020) — Ecuador envisions mining exploration investments of $1.3bn through January 2022, according to comments from the country’s Mines Vice Minister Fernando L. Benalcázar. Benalcázar’s comments came during his participation in the “Digital Latin American Mining Summit” on 9 July, Ecuador’s Ministry of Energy and Non-Renewable Natural […]
Atlas And Anglo American Ink Solar Energy PPA
(Atlas, 10.Mar.2020) — Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, announced today the signing of the largest solar energy purchase and sale contract in Brazil with an investment of 881 Million Brazilian Reals. […]
BHP Switches to Green Power in Chile
(Reuters, Barbara Lewis, 20.Oct.2019) — BHP, the world’s biggest miner, said on Monday it had signed four renewable energy contracts to supply all of its Chilean copper operations beginning in 2021, cutting energy costs by 20%. Miners, which often use fossil fuels as the energy source in their operations, are […]
The Latest Episode in the Crystallex-Venezuela Saga
(Mining.com, Valentina Ruiz Leotaud, 29.Aug.2018) — State-owned PetrĂłleos de Venezuela SA or PDVSA announced on Twitter that it filed an appeal requesting that a Delaware court vacate a decision made public on August 23 granting Canadian miner Crystallex the right to seize its U.S. assets. In its statement, the oil […]
CITGO Awards Grant, Continues Restoration Work
(Citgo, 29.Aug.2018) — Through the CITGO Caring for Our Coast initiative, a program designed to boost ecological conservation, restoration and education, The Conservation Foundation (TCF) has been awarded a grant to continue its restoration work in the Heritage Quarries Recreation Area (HQRA) in Lemont. In partnership with TCF and the […]
Rosneft May Challenge Crystallex Claim To Citgo Shares
(Oilprice.com, Irina Slav, 23.Aug.2018) — Rosneft has asked a U.S. federal court to establish “a robust appraisal and sale process” of Citgo shares following Canadian miner Crystallex’ win at court against the parent company of Citgo, PDVSA, Argus Media reports citing documents submitted by Rosneft to court. “Such a course […]
Venezuelan Oil Assets to be Seized by Creditors
(Express, Simon Osborne, 16.Aug.2018) – Venezuela’s oil assets are being targeted by angry creditors after a US court granted a Canadian mining company permission to send in the bailiffs. Firms owed billions by the beleaguered South American country and its state-owned oil firm PDVSA are now lining up to make […]
Venezuela’s Citgo Refineries At Risk Of Seizure
(Forbes, Robert Rapie, 12.Aug.2018) – In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested a potential remedy. Since Venezuela’s state-owned oil company, PDVSA (PetrĂłleos de Venezuela, S.A.) owns the Citgo refineries in the U.S., I felt the companies that […]
U.S. Judge Authorizes Seizure of Venezuela’s Citgo
(The Wall Street Journal, Andrew Scurria and Julie Wernau, 9.Aug.2018) – A U.S. federal judge authorized the seizure of Citgo Petroleum Corp. to satisfy a Venezuelan government debt, a ruling that could set off a scramble among Venezuela’s many unpaid creditors to wrest control of its only obviously seizable U.S. […]
Venezuela Turns to Gold Rush to Prevent Economic Collapse
(Energy Analytics Institute, Piero Stewart, 1.Apr.2016) – Venezuela plans to immediately focus efforts on the exploitation and export of its massive gold resources located in Bolivar state in an attempt to avoid a financial default on its international obligations later this year. Resource-rich Venezuela’s Bolivar state contains gold reserves of […]