Latin America Mining News

Chile holds 2019 copper forecast at $3.05/lb

The price would be underpinned by a 208,000 tonne deficit in the global market for 2019.

Done deal: Newmont Goldcorp becomes world’s No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

Venezuela unrest may hurt Crystallex bid to reclaim $1.2B

Confusion over who’s in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2B arbitration award.

China's Tianqi taps 'safe choices' for board of top lithium miner SQM

Tianqi's official board nominations will take place on April 25 at a shareholders meeting in Santiago.

Millennial Lithium stock jumps 12% following boost in resource estimate

The company has nearly doubled its resource estimate at the Pastos Grandes lithium project in Argentina.

Lumina Copper halts Chilean mine operations after worker's death

The cause of the accident that killed an employee of service provider Global Group Ingeniería is under investigation.

Interactive map pinpoints lead battery energy storage installations globally

Lead battery-powered energy storage highlighted by research consortium’s online map.

Brazilian court authorizes Vale to resume ops at Brucutu mine

A Brazilian court has authorized Vale to resume operations at the Brucutu mine, its largest in the state of Minas Gerais.

Waterton takes Hudbay Minerals to court

The Canadian miner's second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the base metals producer in a bid to constrain its ability to solicit proxies.

Iron ore shortage after Vale disaster hurting Brazil steelmakers — report

Vale's situation could force other steelmakers to halt production if nothing is done to normalize supplies.

Lundin Mining grabs Brazilian mine from Yamana in $1B deal

The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of the precious one this year.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Protesters block road used by Hudbay to transport copper in Peru

Members of the community of Tacrara were demanding compensation for the use of a road that, according to them, Hudbay’s trucks were not supposed to be using.

Las Bambas’ copper out to the markets after 68-day blockade

The Nueva Fuerabamba community agreed to let Las Bambas' trucks circulate through the Corredor Minero del Sur.

Miramont confirms mineralized system at Cerro Hermoso

The company tested Cerro Hermoso’s Central Breccia zone, Stockwork zone and Carbonate Replacement zone.

Antofagasta to decide on $3B Centinela mine expansion by 2021

Speaking on the sidelines of the World Copper Conference held this week in Santiago, chief executive Iván Arriagada said the company will only go ahead with the project if it meets Antofagasta’s return criteria.

Polish parliament’s lower house approves 15% cut to copper tax

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

Brazil President says Amazon rainforest reserve should be opened to mining

President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.

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.

Lithium giant lifts outlook with 2018 fizzle in rear-view mirror

Chile's SQM, the world’s second-largest lithium miner, said expansion plans had gone better than expected and that sales would likely beat its forecasts for this year.

Mosaic suspends phosphate mines in Brazil after new rules for dams

It is unclear how long the dams' suspension will last.

Lumina extends Gran Bestia in Ecuador

The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,

Tianqi agrees truce in battle over Chilean lithium miner SQM

Tianqi's $4.1B purchase of a 24% stake in SQM went through in December, but the Chinese firm has faced push back.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

After legal battle, Los Andes Copper's past drilling campaign receives approval

In 2017, Chile's Superintendency of Environmental Affairs filed a notice saying the campaign violated the country's environmental regulations.