Company
Montero Mining and Exploration Ltd
CVE:MON
Montero Mining & Exploration Ltd. is a Canadian exploration company advancing a portfolio of copper, molybdenum, and gold projects in Chile—one of the world’s premier mining jurisdictions. The company controls more than 200 km² of copper-molybdenum concessions in the Atacama region and has optioned two gold properties in the prolific Maricunga belt. Led by an experienced team with a track record of discovery and value creation, Montero is positioned to capitalize on the growing demand for critical and precious metals. In 2024, the company secured a US$27 million settlement from Tanzania related to its former Wigu Hill rare-earth project.
50 stories
Rare earths & specialist minerals
Nasdaq closes down as investors stay cautious on geopolitics
Early optimism over a potential Iran ceasefire fades following a flat denial from Tehran that any talks have taken place
Rare earths & specialist minerals
Montero Mining and Exploration says independent modelling shows copper-moly porphyry target at Avispa project
Fathom looked at a geochemical data from an area of close spaced drill holes using proprietary software and compared it to models of mineralized porphyry systems
Rare earths & specialist minerals
Montero Mining and Exploration confirms anomalous copper-molybdenum values on Avispa property in Chile
Some samples returned anomalous copper and molybdenum values, which the company said require further investigation and support its belief that the project area has been only cursorily explored
Rare earths & specialist minerals
Montero Mining and Exploration provides exploration update on its Avispa copper-molybdenum project in Chile
The company's CEO Tony Harwood said Avispa was being investigated to assess its potential to host a significant copper-molybdenum porphyry deposit and also assess its lithium, iodine, and nitrate mineral potential
Rare earths & specialist minerals
Montero Mining and Exploration seeks $90M from Tanzania for Wigu project expropriation
Dr Tony Harwood, president and CEO of Montero commented: "The company has made repeated attempts to work with Tanzanian Government to reach an amicable settlement without success, while the discovery and development of the Wigu Hill project
Rare earths & specialist minerals
Montero Mining provides an update on arbitration proceedings against Tanzania for the expropriation of Wigu Hill
The Toronto-based company says it expended “significant out of pocket costs” on exploration activities on the Wigu Hill project since March 2008 and created “considerable value for Tanzania”
Rare earths & specialist minerals
Montero Mining and Exploration adds exploration concessions to consolidate Avispa property holdings in Chile
The company said once the regulatory process is completed, it would own 473.3 square kilometres of exploration concessions in one of Chile's well-defined copper molybdenum porphyry belts
Rare earths & specialist minerals
Montero Mining and Exploration focused on the exploration, discovery, and development of gold, silver and base properties in Chile
The global battery manufacturing capacity is set to double by 2021, according to Montero
Rare earths & specialist minerals
Montero says compensation claim for damages for the expropriation of Wigu Hill project underway
“Acting in good faith, Montero made several attempts to settle the dispute over Wigu Hill with the Tanzanian government but without success. Therefore, I am pleased that the legal proceedings are now underway,” Montero president and CEO Ton
Rare earths & specialist minerals
Montero Mining and Exploration gets to work on its Avispa copper-molybdenum project in Chile
Fieldwork will follow up from a successful reconnaissance exploration program that revealed extensive surface areas of tertiary evaporites that could potentially host the target copper-molybdenum deposits
Montero rises after citing significant lithium and tin resource estimate in Namibia
The statement showed a total inferred mineral resource of 14.4 million tonnes at 0.37% lithium superoxide and 17.1 million tonnes at 0.05% tin oxide
Montero Mining & Exploration stock almost doubles on news of lithium discovery in Chile
An initial sampling program at the property saw a total of 43 vertical channel samples taken from 24 locations
Montero Mining & Exploration moves closer to developing Namibian tailings operation with Gravity Worx deal
The Uis project is estimated to contain 17.1 million tonnes at 0.05% tin (pictured)
Montero completes initial lithium and tin mineral resource estimate for Uis project in Namibia
A total inferred mineral resource of 14.4 million tons at 0.37% lithium oxide and 17.1 million tons at 0.05% of tin oxide was estimated
Montero Mining and Exploration boosts lithium portfolio with new exploration licenses in Chile
The new licenses lie between the Salar de Atacama and the coastal range in northern Chile
Rare earths & specialist minerals
Montero Mining adds Chilean upside to existing lithium portfolio
Montero Mining already has an attractive lithium portfolio in Namibia
Montero Mining and Exploration stakes potential new lithium discovery in Chile
Under the agreement with a private geological consortium, the company has 15 months to make application for the prospective target areas
Montero Mining and Exploration Ltd's poised to work with Chinese battery market supplier on African lithium
The company has inked a non-binding memorandum of understanding with the Jiang Xi Yun Lithium Materials Co Ltd. of China
Montero Mining and Exploration bolsters board with mining finance executive
Most recently, Levy was the president and chief executive officer of Pine Point Mining
Montero Mining and Exploration closes C$825,803 private placement
Proceeds from the placement will go towards mineral exploration and working capital purposes
Montero Mining & Exploration extends private placing
Montero is issuing up to 4mln shares at a price of C$0.28 each, it had said previously
Montero Mining & Exploration set to acquire 95% of lithium-tin project in Namibia
The group has struck a binding Heads of Agreement (HOA) with owners Namib Base Minerals CC (NBM ) and Namibia Silica CC
Montero Mining & Exploration acquires lithium exploration licence in Namibia
The project lies 40 km north of a major lithium producer, the company said
Montero Mining to raise US$1.12mln through non-brokered private placement
Montero is selling up to 4mln shares at US$0.28 each, and for every two bought, investors will be given one share purchase warrant which can be exercised for US$0.40
Montero Mining & Exploration finds positive lithium values at historical assaying at Soris project
Montero has completed its preliminary assay program and established significant concentrations of lithium mineralization, said the CEO