Most of the division’s assets will be acquired by Mosaic, the world’s largest producer of phosphate fertilizer.
Latin America Mining News
The mining giant, North America's largest producer of steel-making coal, has raised its production forecast for the year.
Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.
The potential sale of a 50% stake in Veladero mine could fetch Barrick more than $1 billion, sources familiar with the matter say.
Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.
Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.
The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.
Copper bulls might be tempted to place buy orders after a protest at a Peruvian mine turned ugly about 10 days ago.
La Escondida is 57.5% owned by BHP Billiton and 30% owned by Rio Tinto.
The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
If convicted, accused executives could face sentences of between 12 and 30 years in prison.
For a third consecutive year, Dentons is proud to support the Mining & Investment Latin America Summit (MILA), the largest mining and investment event in Latin America, which was incepted in 2014. This year’s summit will host an audience of more than 650 attendees, including miners, investors and financiers.
He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
Private equity firm Mineria Activa acquired 90% of Pampa Camarones through a US$18mm capital increase in the company.
Outside the meeting, a street theatre re-enactment of the destruction of the Doce River in Minas Gerais, Brazil, was accompanied by testimonials from frontline visitors affected by the company’s operations in Brazil, Colombia and Indonesia.
BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.
A moratorium in place since 2003 bans open-pit mining and the use of cyanide for metal recovery.
The miner plans using proceeds from the exercise of the purchase rights and any direct sales of Brio shares to reduce debt.
He is the first person to die in clashes over mining under new President Pedro Pablo Kuczynski.
The company was ordered to pay $8 million in legal fees and costs to the Salvadoran government.
Is lithium the new super-mineral? Analysts seem to think so.
Chile's environmental regulator has drawn up nine charges against the copper mine for mismanaging water resources and nearby flora.
Advocacy groups are taking issue at the Mining Arch of the Orinoco River National Development Strategic Zone.
The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.
Total production for Q3 was 36,496 gold equivalent ounces using gold to silver ratio of 75:1.