The country is also the largest importer in the world.
Latin America Mining News
Chilean miner Codelco sits in first place worldwide.
The country expects about $2 billion in revenue.
He is allegedly involved in large-scale importing of cocaine from South America.
The South American nation’s extractive sector accounts for some 60% of the economy.
Beware the routine application of craft in challenging mining situations.
With more than $425 billion expected to be poured into South American mining projects in the next decade – double what was expected just a couple of years ago – ChileEngineering, which represents the Chilean engineering sector, sees big opportunities...
Between 2013 and 2025, the new “R&D Tax Credit” will give mining companies a 35% tax credit on all eligible expenditures.
Friendly bid comes barely a month after the Vancouver-based company rejected a hostile offer from fellow Canadian miner Alamos God.
After three years of booming investment in mining exploration, the industry is set to cut down significantly on it this year.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
Christopher Lynch takes over longstanding finance director Guy Elliott.
It became the latest large miner to write down assets in the face of falling commodity prices.
Investment expert talks about junior mining firms in Nevada and Mexico that display optionality and sustainability in a market stuck in the mire.
The sector is expected to bring in $53 billion during the next decade.
Companies are drilling deeper and expanding exploration like never before.
South America’s largest coal supplier risks losing its main customers to the US as mounting issues affecting major coal miners in the country have started to disrupt supply.
Construction work at Pascua Lama halted once again. Dominican authorities pressing for a “more favourable” contract in Pueblo Viejo.
They have reached a preliminary $150 million commercial agreement over land rights near the $6.2 billion Cobre Panama copper project.
The violence comes as union leaders and company executives prepare to hold talks today, hoping to end a strike that is costing the company millions of dollars a day.
Business representatives and politicians to meet in Buenos Aires next week.
Big investors are leaving the market and small investors hesitate to re-enter.
A 150% increase in the miner's cash dividend makes the bad news from Argentina more palatable.
The precious metal producer posted higher quarterly profit and revenue compared with a year ago and said it expects to see at least a 20% increase in output for 2013.
Minmetals bought 55,750 tonnes a year at a very special price.