Bolivia

Asian investors pile into South American Silver with $16 million private placement

South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.

Orvana targets more gold/silver in Bolivia

The company expects the Don Mario upper mineralized zone at its gold-silver-copper mine in Bolivia to produce 12,500 gold ounces and 500,000 silver ounces, up from its earlier forecast.

Chile’s mining industry hunts for renewable energy

As oil prices continue to rise, and nations around the world look for ways to weather an energy crisis, Chile is turning to one of its own best renewable resources – solar energy – to supply much needed power.

Australia, Canada, Chile, Brazil and Mexico the top five mining projects’ destinations

In its annual ranking of countries in terms of political risks for mining investment, the mineral industry advisory firm Behre Dolbear, has ranked Australia, Canada, Chile, Brazil and Mexico as the top five nations in which to locate mining projects.

New World Intersects High-Grade Mineralization at Lipena and Near-Surface Gold at the La Mosa Zone

New World Resource Corp. ("New World" or the "Company") (TSX VENTURE:NW)(FRANKFURT:NWU) wishes to announce the first seven holes of the recently completed diamond drill program at the Lipeña/Bonete copper-gold project, in southern Bolivia. These seven holes total 2,509.5 metres ("m") and cover a strike length of approximately 900 m.

Pan American Silver to step up as Rio Grande says sayonara to cyanide ban

Vancouver-based Pan American Silver Corp said on Friday it will speed up the development of its Argentina gold project this year after the Rio Negro provincial legislature lifted the ban on the use of cyanide, crucial in the extraction process of gold.

REE International in Advanced Negotiations to Acquire Mining Property in Bolivia

BOSTON, MA–(Marketwire – Jan 4, 2012) – REE International, Inc. (PINKSHEETS: REEI) (the "Company"), a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, today announces it anticipates signing a letter of intent within the next 30 days to purchase a tantalum producing property located in the country of Bolivia.

Martin Engineering expands its operations in Peru and Bolivia

A worldwide leader in bulk materials handling technology has announced a new sales and service location, as Martin Engineering opens its offices in Lima, Peru. The new facility will provide products and technical support to the central and northern regions of the country, with plans to continue developing the emerging market in Bolivia. Martin Engineering Peru began operations in April of 2010 with the opening of its main office in Arequipa.

Apogee stock lifted as its Bolivia silver deposit more than doubles

Microcap Canadian explorer Apogee Silver jumped 10% on Wednesday after announcing indicated silver resources at its Pulacayo Deposit in southwestern Bolivia had increased 133%.

More than seven times the usual number of shares changed hands on Wednesday bringing the firm's market cap on the Toronto Venture exchange to just under $50 million. Apogee said the Pulacayo silver-lead-zinc deposit has 29.34 million ounces of indicated silver resource and 26.24 million ounces of inferred silver resource.

Thailand, Bolivia and Russia boost gold reserves

Central banks in emerging markets continued to build up their gold reserves in August, data from the International Monetary fund showed, with Thailand, Bolivia and Russia all adding to holdings last month. Thailand bought 9.3 tonnes of gold in August,

Korea inks lithium deal with Bolivia to mine world's largest salt flats

The Korea Herald reports a Korean consortium forged an agreement with Bolivia’s state-run miner Comibol over the weekend to manufacture lithium-ion battery parts, boosting Korea’s bid to tap the largest lithium deposits in the world.

A research project involving extracting lithium will begin next month at Bolivia’s Salar de Uyuni – an 11,000 square kilometers salt flat (pictured) – with plans for constructing lithium-carbonate processing facilities. The soft, silver-white metal is widely used in rechargeable batteries for mobile phones, laptops and electric cars and the price has been steadily increasing prompting talk of a Opec-style cartel to control production and prices among South American nations that together control 85% of the world's resources.

Vicstar to build tin processing plant in Bolivia

Chinese firm Vicstar Union Engineering has been awarded a $50m contract to build a new tin processing plant near the Huanuni Mine in Bolivia.

Bolivia says mining exports to top $3 billion this year

Reuters Africa reported that Bolivia expects to hit a record high for silver and zinc exports.

Brine mining the Puna for potash and lithium

The Puna plateau sits at an elevation of 4,000m, stretches for 1800 km along the Central Andes and attains a width of 350–400 km. The Puna covers a portion of Argentina, Chile and Bolivia and hosts an estimated 70 – 80% of global lithium brine reserves.

PanAm Silver has no ‘official notification' of possible San Vicente nationalization

Pan American Silver said Tuesday it had consulted with Bolivia's Minister of Mines and its unions and "has not received official notification from any government representative with respect to the possibility that the Bolivian government might seek to take control of San Vicente."

Bolivian media reports claims the Morales Administration was considering terminating joint venture contracts and taking control of several mines formerly operated by the government, which could include the San Vincente silver mine.

Coeur says Morales Administration won’t nationalize San Bartolomé mine

Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining's "privatization model" and will nationalize former state-owned mines.

Coeur d'Alene Mines announced Thursday that it has received assurances from the Morales Administration that its San Bartolomé silver mine is not targeted for any proposed mining nationalization in Bolivia.

Silver stocks fall on Bolivian nationalisation fears

The shares in some North American silver miners fell sharply on Thursday after Bolivia's leftist government said it might rescind concessions on four mines in the country run by Glencore International Ltd [GLEN.UL] affiliates and Canada's Pan American Silver Corp (PAA.TO: Quote)(PAAS.O: Quote).

Crystallex receives delisting notification from NYSE Amex

Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) has received notice, dated April 5, 2011, that the NYSE Amex LLC intends to proceed with an application to the United States Securities and Exchange Commission to remove the Company's common shares from listing on …

Strike at San Cristobal silver mine enters fourth day

A four-day-old strike has paralyzed Bolivia's San Cristobal mine, which produces silver, zinc and lead and accounts for about half the country's mining exports, the government said on Monday.

San Cristobal is the world's third-largest producer of silver and the sixth-largest producer of zinc, according to Japan's Sumitomo Corp (8053.T: Quote), which fully owns the mine.

Crystallex's request for arbitration registered by the World Bank's ICSID

Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced today that its February 16, 2011, Request for Arbitration before the Additional Facility of the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") against the Bolivarian Republic of Venezuela ("Venezuela") has been registered by the Secretary General of ICSID.

Apogee's Bolivian Pulacayo project moves ahead

The Bolivian Government and Ministry of Environment and Water have given the go-ahead for Apogee Minerals (APE…more at NorthernMiner