Today the company announces the next strategic claim it is bringing to market – an approximately 39 square kilometer claim located 70-75 kilometers from Cusco and potentially the first gabbroic PGM claim in Peru or South America that includes platinum and palladium.
Yamana Gold (NYSE:AUY, TSX:YRI) will start construction of its Cerro Moro gold-silver project in the southern Argentine province of Santa Cruz, the Toronto-based gold producer announced last week.
Achieved gold and copper production in the fourth quarter of 49,123 ounces and 14.9 million pounds, respectively, with record production from Chelopech.
In this interview with The Mining Report, Desormeaux notes that lithium is less dependent on short-term economic cycles than commodities like oil and copper, and says demand for lithium will grow faster than the global economy.