South America

Cornish secures further $1.3 million to build lithium mine in the UK

The funds will enable the company to expand activities in south-west England and to drill exploratory boreholes to extract samples of lithium-bearing brines.

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Hudbay Minerals investor Waterton seeks to replace CEO, board

Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged “mismanagement.”

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MAX Resource secures mineral applications to develop large gold project in Colombia

The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.

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Chile’s copper production to exceed 6 million tonnes for first time in 2019

The leading producing nation expects to generate more than 6 million tonnes of copper for the first time this year, with output rising by about 30% by 2015.

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Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors’ courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

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