Argentina Mining News

The world's southernmost mines

Chile's Invierno coal mine is, by far, the southernmost mine on the planet.

Argentinian lithium-potash project sold for $5 million

Canadian merchant bank Aberdeen International (TSX:AAB) has purchased a lithium-potash project in Argentina through a share purchase agreement valued at CAD$5 million.

Yamana Gold decides not to divest Brazilian operations after all

The miner said current market conditions are not supportive of a private placement on terms the company would find acceptable.

Rio Tinto bets on lithium as Tesla yet to sign major supply deal

The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.

Argentina: End of currency controls will be good for mining

President-elect Mauricio Macri will lift the clamp-down on dollar purchases by out-going president Cristina Fernandez, as early as December 14.

The changing of an era in Argentina

Argentina last week voted in a new pro-business President, Mauricio Macri.

Water supplies uncontaminated: UN on Argentina cyanide spill

Samples "showed no deviation from measurements taken in June 2015".

Argentine judge lifts Barrick’s Veladero gold mine halt

He said the over 1,000 cubic metres of liquid cyanide spilled into a local river did not cause any environmental damage to justify keeping operations suspended.

Argentina’s presidential candidates want mining to be platform for country’s recovery

Argentina’s presidential election, the first to be decided in a second and final round since the constitution was changed in the 1990s, will be key for the country’s economy, particularly its mining sector.

Argentina extends Barrick’s Veladero gold mine halt

Local judge had initially ordered a five-day suspension of the leaching process, but has decided to extend it “as a precautionary measure."

Barrick’s Veladero gold mine in Argentina halted over cyanide leak

The judge also ruled that a group of independent specialists should inspect the mine and take samples of soil, water and nearby vegetation.

Goldcorp slashes dividend 60% amid dire gold market

The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.

Struggling Argentina expects US$14 billion in mining exports

The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.

McEwen to meet 2015 guidance despite massive gold theft in Mexico

The El Gallo mine produced 15,243 ounces of gold in the first quarter ended March 31, prior to an armed robbery of concentrate containing 6,350 ounces last month.

Former BlackRock mining fund manager joins Barrick Gold

Catherine Raw, from one of the UK mining sector's best known fund managers, is assuming as the company's Business Performance Executive Vice President.

Goldcorp posts loss on lower margins, higher tax

The company's stock is being ripped apart on both, the New York and the Toronto Stock Exchanges as a result.

Majority of Barrick’s shareholders rejects compensation plan

As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.

Barrick begins sale of stake in Chile’s Zaldivar copper mine

Chinese companies, private equity firms including Mick Davis’s X2 Resources, and even Teck Resources are rumoured to be among the potential buyers.

Barrick faces fresh opposition to executive pay plan

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

Chile's court says Barrick’s Pascua-Lama has not damaged glaciers

The country's Environmental Court handed Monday a major victory to Barrick’s besieged Pascua-Lama gold, copper and silver project, straddling the border with Argentina.

Chile imposes 2nd highest fine in history to Pan Pacific Caserones mine

Japan's top smelter, Pan Pacific Copper, will have to pay $11.9 million for breaching several environmental rules.

Galaxy Resources: A new focus to meet the coming lithium demand

Just two years ago, Galaxy Resources Ltd. was overleveraged and unfocused.

Goldcorp stock is being ripped apart

$2.3 billion charge against Cerro Negro mine in Argentina one writedown too many for battered investors.

Yamana green-lights Cerro Moro

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.