Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.
Chile Mining News
Production for the first three months of the year slumped 37% compared with the same period of 2016.
Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.
Analysts believe that would increase the chances of the country joining Latin America’s ongoing political drift to the right in November’s elections.
Experts believe the value of the nation's dawning industry is set to jump from $1.1bn this year to $7.9bn in 2021 on a combination of revised regulatory framework and significant gold and copper reserves.
To prevent liquids from evaporating, Exma proposes the use of a floating cover system composed of plastic balls
The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.
Fiore Exploration CEO, Tim Warman, talked to MINING.com's Michael McCrae about the company's Pampas El Peñón gold project in Chile
Australian explorer, Emu NL, provides the following update on its drilling program on the Company’s Vidalita project in northern Chile.
In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.
2016 highlights: a year of breakthroughs and setbacks
Veladero could fetch more than $1 billion despite operational setbacks.
Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.
Wealth Minerals Ltd., reports that it has initiated an extensive lake-brine sampling and project evaluation program at the Laguna Verde Lithium Project in Chile.
MECS Inc., a wholly owned subsidiary of DuPont, has been selected to supply the sulfuric acid production technology for two new plants belonging to Corporación Nacional del Cobre de Chile (Codelco), the world’s largest copper producer.
The news follows the end of a historically long 43-day strike at BHP Billiton’s Escondida, the world's biggest copper mine in neighbouring Chile.
Appointment comes barely a week after the mine, operated by BHP Billiton, failed to secure a wage deal with 2,500 workers after a 43-day strike.
The world’s No. 1 and No. 3 gold producers will focus on developing gold mines in northern Chile's rich Maricunga belt.
Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.
Freeport restarts supply to domestic smelter in Indonesia, but the copper concentrate export ban at iconic mine remains in place.
The country, already the world's second largest producer of lithium, is seeking to create private-public partnerships to exploit 61% of its resource-rich territory, currently available for licensing.
Australian explorer, Emu NL (ASX: EMU), has mobilised camp, earth moving and drilling equipment to the Vidalita site in northern Chile.
Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.
Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.