Colombia Mining News

‘Communities not important’ says former Colombia mining head in leaked video

Santiago Urdinola, head of private firm Minesa and former president of the Colombian Mining Association, made the comment during a meeting about the company’s application for an environmental licence a large underground gold project.

Gran Colombia to use machine learning at Segovia operation

The miner is partnering with GoldSpot Discoveries to produce 2D and 3D targets for its upcoming exploration program.

Cordoba to drill for porphyry source beneath Alacran

The company is planning a 1,000-metre drill program at its Alacran copper-gold deposit, part of its San Matias project in Colombia.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Continental tables resource at Buritica’s BMZ1

The company recently closed a $175 million financing package that it will use on mine construction and start-up.

Gran Colombia’s Segovia gold mine richer than thought

The asset's reserves as at December 31, 2018 increased 4% to 1.9 million tonnes grading 11 grams per tonne of gold for 688,000 ounces, while measured and indicated resources increased 7% to 3.5Mt from a year earlier.

Antioquia declares successful start of production at Cisneros

Commissioning the mill began two months ago and has now reached the planned commercial rate of 500 t/d.

AngloGold streamlines Colombian assets

As part of the deal, Canada's Royal Road Minerals will pay AngloGold around $4.6 million in cash, with further payments amounting to $35 million in total if certain milestones are reached.

AngloGold's Colombia soil study cannot be halted by mayor — provincial authority

The mayor of the town of Jerico had ordered a suspension of the work in January after the council voted late last year to ban mining in the area.

South32's Colombia ferronickel unit avoids strike with mine unions

South32 produces nickel from ferronickel in an open pit mine near the municipality of Montelibano, in the western department of Cordoba.

Colombia coal output likely to hold steady in 2019, companies say

The Andean nation is the world's fifth-largest exporter of coal.

Fura promotes transparency in coloured gem industry

Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry.

MAX Resource identifies free gold at Colombian project

Pure yellow metal was observed in the test concentrates obtained from five hard rock trial pits.

Cordoba Minerals dealing with fraudulent transactions at Colombian subsidiary

The miner alleges breach of fiduciary obligations, abuse of trust, theft, and fraud.

AngloGold soil study in Colombia halted pending review after mining ban

The company was not carrying out mining exploration at the site.

Workers at Prodeco's Colombia coal port vote down proposed strike

Only eight out of 115 workers voted in favor of a strike, much less than the overall worker majority required for a legal strike.

Colombia extends Drummond contract on coal mine for 20 years

The contract will generate at least $586 million in royalties, income and social project investment during its lifetime.

Small group of Prodeco's Colombia coal port workers to vote on strike

It is improbable that a strike would have an impact on total exports.

B2Gold hits record gold output in 2018 thanks to new Mali mine

For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.

MAX Resource to develop large gold project in Colombia

The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

Fura Gems advances Coscuez emerald project in Colombia

The Coscuez mine has produced some of the best emeralds from Colombia’s Muzo region for more than 300 years.

Miners operating in Colombia accused of forcing people off their land

According to Forjando Futuros foundation, the forced displacement was ordered by the companies but executed by either the National Army or the guerrilla.

Colombian mining group says tax bill will attract foreign investment

The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.

Cerro Matoso owes Colombia more than $56M in royalties

The mine applied incorrect discounts to its royalty payments over several multi-year periods.