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Latin America News Digest
Thursday 21 September 2017
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The region, preserved as a national reserve for more than three decades, is thought to be rich in gold, iron ore, copper and other minerals.

Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15.

Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project.

Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.

Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world’s largest potash miner worth about $36 billion.

Vancouver-based producer rises 33% after Supreme Court of the central American nation reinstates operating licence for world's third largest silver mine.

The sale of Santa Gertrudis has given GoGold much-needed cash to pay off its $46.3-million debt with the Bank of Montreal.

The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies’ existing licenses

Chile's state-owned Codelco reports over 5% drop in first half copper production, rising costs.

While production in August was below normal due to the ongoing disruptions to the company’s operations, Gran Colombia expects to meet its annual production guidance for 2017 of 150,000 to 160,000 ounces of gold.

Active mining concessions add up to 25,716

Wayuu leaders traveled to Bogotá to protest against El Cerrejón, the thermal coal open-pit mine owned by Glencore, BHP Billiton and Anglo American

The Lenin Moreno government has recently granted 237 mining concessions to private companies

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

The massive project is expected to process close to 80,000 tonnes of copper ore a day.

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.

Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.

Chairman of Chile's state-owned copper miner Codelco: "I'm a little skeptical…in the short-term."

Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

Every year millions of small-scale miners toil in the baking sun, collecting and breaking rocks with the goal of extracting small amounts of gold – enough to make a living in some of the most impoverished corners of the world.

Deal valued at $635 million.

Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.

The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.

A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve.

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

The company is also interested in investing in the electricity sector itself or through a joint venture.

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