While geopolitical risk in South America is growing, Ecuador, Colombia and Peru remain mineral-rich hot spots with excellent potential for new discoveries.
Namesake project in the Antofagasta region now has measured and indicated oxide resources totalling 200 million tonnes grading 0.45% copper for 900,000 tonnes of metal.
Ramaco Resources, a pure play met coal miner with operations in West Virginia and Pennsylvania, has discovered new potential magnetic rare earth elements at its Brook mine.