Having trouble viewing this email?  View online
Latin America News Digest
Monday 20 May 2019
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America

More than 8,000 tonnes of ore have already been extracted since early April.

According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week.

Miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before, as administrative expenses almost halved.

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

People in the north-central city of Bucaramanga are worried because the project sits just outside the Páramo de Santurbán.

Here’s a look at eight active juniors with substantial copper assets in their property portfolios.

At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take nearly $5 billion in writedowns in the first quarter.

Foreign and local companies invested about $383 million exploring in Mexico in 2018, down 37.4% from the $612 million injected into the economy in 2017.

The world's largest producer of lithium has teased the industry for more than a year that it has production-enhancing technology.

The Canadian miner may soon make a decision about returning to long-term production in Chile.

The goal is for the sale process to be well advanced by mid-2020.

The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned by the Samarco joint venture between BHP and Vale.

The world’s largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal in 2019.

The Australian miner believes that Cascabel and now Porvenir are the first in a long, large and rich string of copper-gold projects it will develop in Ecuador.

The Nueva Fuerabamba community is pushing for laws that decriminalize their protests.

Rio has so far drilled 24 holes at the site and will continue extensive drilling in months to come as part of its $250 million exploration program.

Canadian miner will elect 11 nominees of Waterton Global Resource Management, its second largest shareholder, as part of the settlement that ends a long-dragged out battle over control of Hudbay.

Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.

Dr. John-Mark Staude, president and CEO of Riverside Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company's just-announced exploration funding agreement with BHP.

Europe's second-largest copper producer also posted its best quarterly results in the last three years, with revenue rising by PLN 1.2 billion (about $312 million).

The deal includes a signing bonus and other benefits that total $11,600 per worker, in addition to a salary raise of around 1%.

Vale expects to produce 75 million tonnes this year from the S11D operation in Carajas Serra Sul, its biggest mining project ever.

The Vancouver-based company says its flagship gold and silver mine in northern Ecuador is 59% complete.

The comments coincide with government plans to review existing conservation areas amid growing pressure from mining and agriculture lobbies.

The company had posted a net profit of $1.59 billion in the year-ago period.

Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.

A report by the country's Geological Service released on Wednesday blamed mining by Braskem in the city of Maceio for damages to local real estate.

The world's largest producer of lithium used to make electric vehicle batteries posted a better-than-expected quarterly profit on Wednesday.

Chile exported lithium carbonate at an average price of $12,183 per tonne, 0.9% down from the same period a year earlier.

Cochilco said world top copper miner Codelco saw output drop 17 percent from the same period in 2018 to 371,000 tonnes.

World's top iron ore miner guides down production again for 2019 after earlier decision is reversed.

Vale argues that if the German inspection firm TÜV SÜD had not fulfilled its contract it could be held responsible.

1 Day Spot Gold Price
1 Day Spot Silver Price
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America
This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 | [email protected]. Please visit cem.infomine.com for more information. Copyright InfoMine.
You are receiving this email because the email address [[$E:Email$]] was subscribed to the MINING.com email list "[[$M:ListName$]]". You may unsubscribe at any time.
The information contained in “Latin America News Digest” is collected from a variety of sources on a “best intentions” basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose. Any information presented in “Latin America News Digest” is not a solicitation to purchase or acquire any securities. Use of this service is an acceptance of this disclaimer. Visit our web site to read our complete disclaimer.