In exchange for Unigold consenting to the acquisition, Malbex has agreed to issue to Unigold 13,000,000 common shares in the capital of Malbex.
Latin America Mining News
Rio Cristal Resources is a Canadian corporation focused on development of the 18,000 hectare Bongará zinc property in northern Peru.
Despite the economic and political issues affecting Argentina’s stability, the miner said it "has faith" in the country's potential.
The world’s third-largest miner is set to post the lowest annual profit in three years.
Monthly production falls to almost 100 tonnes below Glencore rate before expropriation.
The world's largest primary silver producer reported a slight fall in production for 2012.
In its half-year production update, BHP highlighted challenges faced by its aluminum and nickel businesses.
The world of mining's richest entrepreneur is trying to recover investors’ trust and bump up his shrinking business empire.
MAG Silver reports phase 2 drill results from La Esperanza Silver project in Durango and Zacatecas states, Mexico
The company reported drill results from the recently completed drill program at Canasil's La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico.
Fails to adequately compensate shareholders
Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's economist.
Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this commodity kingdom thanks to Rio, say analysts.
The company announce that an initial NI 43-101 resource estimate for its 100% controlled Santa Rosa gold project has established an indicated mineral resource of 7.34 million tonnes at 1.37 grams gold per tonne containing 322,000 ounces gold.
Delays at the Brazilian iron ore project cost Anglo and former CEO Cynthia Carroll dearly.
Output expected to be up 42% by 2021.
The copper, silver and molybdenum mine is estimated to produce 865,600 tons of copper concentrates a year by 2015.
By David Galland Here are some of the lessons I have learned since moving to Cafayate in the Salta province in scenic northwest Argentina. It's my hope that my observations will be of use to […]
The projects are aimed at increasing the company's production of silver, zinc, copper and energy.
A round up of commentary on the CEO switch.
Five gold miners working in a northern province of Colombia were kidnapped Friday afternoon by the leftist National Liberation Army (ELN).
While miners that already hold licenses will be allowed to keep working in the area, the authority emphasized that those permits will not be renewed once they expire.
The reserves at El Gallo amount to more than 40 million ounces of silver and 600,000 ounces of gold.
The 2012 programme was successful in: defining and extending higher grade copper-gold mineralization in the steeply dipping tabular Southwest Zone to more than 200 metres along strike and 550 metres in vertical extent
He’s known as the most successful mining explorationist of the past century, having discovered 17 ore bodies, including the world’s largest copper mine