Category: News
Brazilian lithium producer Sigma in talks with Tesla, other automakers
BELO HORIZONTE, Brazil (Reuters) – Brazil-based lithium startup Sigma Lithium Resources Corp (SGMA.V) has held talks with Tesla Inc (TSLA.O) and other automakers about supplying the key battery ingredient in the coming years, the company’s chief executive said on Thursday. Sigma, which recently received its license to begin hard rock lithium mining in the Brazilian […]
Japan’s Mitsui injects $30m into Sigma’s lithium project in Brazil
Japan’s Mitsui & Co. will invest $30 million in Sigma Lithium Resources’ (TSX-V: SGMA) project in Brazil, as demand for the metal used in the batteries that power electric vehicles is set to continue growing, keeping the market tight. The funds, together with a $40 million debt offering Mitsui granted Sigma, will allow the Canadian miner to begin […]
Canadian Miner Bullish on Bolivia
ORONTO, Oct. 08, 2019 (GLOBE NEWSWIRE) – Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce it has signed a Letter of Intent (the “Agreement”) with a private arm’s-length Bolivian-based corporation (the “Title Holder”), granting Eloro an option to acquire up to a 100% interest in the Iska Iska Polymetallic Property (“Iska […]
Bolivian gov’t seeks a new deal with miners, says Minister Navarro
LA PAZ, BOLIVIA — The Bolivian government is “building a new relation between business and the state,” Bolivia’s Mining and Metallurgy Minister Cesar Navarro tells The Northern Miner in a sit-down interview in his government office. Soon after taking office in January 2006, Bolivian President Evo Morales laid down the law to foreign companies. The […]
Exploration Begins in Earnest at Sawai – Frontera
SITE RECONNAISSANCE by Dr. Osvaldo Arce Exploration Begins in Earnest at Sawai – Frontera This month Pacha’s lead geologist for Latin America, Dr. Osvaldo Arce was at our orogenic property situated near Tupiza, Bolivia to initiate detailed GPS mapping and surface sampling of this 800ha. concession. Dr. Arce also met with various community leaders to […]
Miners eye Europe’s largest lithium deposit in Czech Republic
Mining for lithium could start in the Czech Republic in two years, exploiting Europe’s largest resource of the metal that is used in batteries for electric vehicles and home power storage. The deposits lie around Cinovec, a village with a tradition of mining since the 14th century and situated near the border with Germany, the […]
Bolivian Stable Economy Tops Growth in South America
Besides Luis Arce picture please replace copy with: “The stability of the Bolivian economy made the country rank as number one in economic growth in South America in 2016, an achievement that the Government plans to maintain this year, based on dynamic financial activity and social protection programs.” Bolivia reported a 4.3 percent increase in […]
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