Latin America Mining News

Geologix Explorations Inc.: New Tepal Resource Estimate Increases Measured & Indicated Tonnes by 324%

Geologix Explorations Inc. ("Geologix", the "Company") (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(MUN:GF6)(STUT:GF6) is pleased to announce an updated resource estimate for its Tepal Project in Michoacán State, Mexico which incorporates the results from drilling 41,247.5 metres ("m") at the North, South, and Tizate zones during 2011.

La Mancha's measured and indicated resources more than double to 4.8 million ounces of gold equivalent

Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that this appears to only be the beginning, as we are just starting to scratch the potential at our Hassaï property, where nine more VMS targets remain to be explored."

Tax burden on special lithium contracts in Chile to represent 50% of profits

The tax burden for companies taking part in bidding processes for special lithium contracts in Chile will represent 50% of their profits, deputy mining minister Pablo Wagner told BNamericas.

Knight Piésold to open office in Colombia

Knight Piésold Consulting, an international engineering and environmental consulting company, is pleased to announce the appointment of Mr. Andrew Markle as Regional Manager of Knight Piésold Consultores S.A.S., Knight Piésold’s operations in Colombia.

Aquila and Vale take a break on coal sales dispute

A legal clash between Brazilian mining giant Vale (NYX:VALE) and Australia's Aquila Resources (ASX: AQA) has taken a step towards resolution this morning after the companies announced they’ve reached an agreement on coal shipments from their co-owned Isaac Plains mine in Queensland.

Chile's copper mines operating normally after major earthquake

The country's leading copper miners, Codelco and Anglo American, say operations are normal and there was no serious damage after the 7.1 magnitude earthquake that hit central Chile on Sunday.

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.

Aussie miners find Latin love

Australian miners are setting up in remote outback areas in a land enjoying a resources boom - Chile.

China on the prowl for mining investments in Africa, S.America and Asia

Chinese investors are turning their focus to emerging economies as they look to expand their demand for commodities and switching away from Australia and Canada, which are getting too expensive.

Australian explorer hunts for copper in Andes

The Herald Sun has an interesting feature piece on Chinalco Yunnan Copper Resources, an Australian company with Chinese backing that is partnering with Rio Tinto on three early-stage exploration projects in Chile.

Mining plans in Ecuador face indigenous backlash

Mediaworks reports hundreds of indigenous people in Ecuador opposed to planned mining projects are marching towards the country's capital of Quito.

Global mining firms face energy crisis

Global mining firms say energy vulnerability is a risk they worry about in one of the last relatively unexplored countries, which is thought to still have big undiscovered deposits even after centuries of mining.

Codelco experimenting with 'biomining' in Chile

BBC News reports on new technology used for mining copper in Chile. Biosigma, a joint venture between Codelco and Nippon Metals and Mining, is experimenting with microbes that break down copper at higher recovery rates and reduce operating costs:

Chile’s Codelco to expand to the rest of South America

It’s Ecuador and Colombia next for Chilean copper giant Codelco, as the company proceeds with plans to become more international by exploring mining opportunities in neighbouring countries.

Mexico shaker leaves mines intact

There are few, if any, reports of damage to mines hours after a large earthquake rocked central and southern Mexico on Tuesday.

Peru losing US$560,000 a day due to mining protests in gold-rich region

Peru's Madre de Dios gold-rich region is losing US$560,000 a day as a result of informal miners' protests happening in the area since Monday, said the country’s president of the regional chamber of commerce, Roman Meza.

Mexico leads Latin America’s exploration expenditures

Mexico’s exploration expenditures are the highest in Latin America, reaching a record high of almost US$1 billion in 2011, says the latest report released by the Metals Economics Group’s (MEG), a think tank based in Halifax, Canada.

Latin America leads global mining exploration spending again

Latin America remained the most popular exploration destination, attracting 25% of global explorations spending in 2011, said to the Halifax-based Metals Economics Group's World Exploration Trends report released on Sunday.

Economic Pressures Caused Worst Decline in Exploration Budget of the Last Two Decades

A report released by the Metals Economics Group (MEG) has painted a grim picture for the nonferrous exploration industry. From a record budget high in 2008 of about US $13 billion, the sector has fallen […]