Premiums on ethically mined silver to be used for investment in local mining communities
Latin America Mining News
Hundreds of protesters gathered in Doima, a small town in central Colombia, about 80 km West of the capital Bogota, to oppose a proposed AngloGold Ashanti (NYSE:AU) (JSE:ANG), gold processing plant for its 100%owned La Colosa project.
The operation —a joint venture between BHP Billiton (ASX, NYSE:BHP), Anglo American (LON:AAL) and Xstrata (LON:XTA)— produced 34.6 million tons of coal last year, 4% more than the projected 33.3 million tons and exported 32.8 million tons, 2.5% over the 32 million ton target.
The global mining giant is selling its 70% stake in the Amapa iron ore operation in Brazil to Zamin Ferrous.
Nearly 25% of the mining copper and gold projects considered in the total 2012 portfolio for the country were hindered.
A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG
BHP obtained 144 exploration permits in the South American country in 2012
Currently, only 900 workers out of the usual 18,000 workers have showed up for work at the mine.
Small-scale miners paid a 15% premium to adopt mercury-free mining techniques
The bulk sample location was modified as part of the Company's periodic re-evaluation of mine design.
Barrick Gold to be penalized for breaching environmental regulations at Pascua Lama project in Chile
Although details of sanctions have not been disclosed, the company could be facing either a fine or the cancellation of environmental permits.
In early December, when Vale presented its investment program for 2013, the company stated that it would mainly focus on its Serra Sul project in Carajás.
Like Lumina Copper which will initiate production of copper cathodes at the Caserones mine in February.
The chance of start mining asteroids, workers told ‘death’ only excuse for not working on Christmas and MINING.com's very own list of top billionaires involved in minerals and metals, became some of the most-read stories of 2012.
Relatively high gold prices during 2012 compelled companies to start mining more aggressively in the challenging terrain of the Guerrero Gold Belt (GGB), an emerging gold mining district in Mexico.
Gold is likely to hold steady-to- firm in 2013 and could reach Rs 33,000-level as economic growth prospects improve and certain international factors push up the commodity's price, market experts have said.
The West Antarctic Ice Sheet is warming at three times the global average. Would this open the door for mining?
Venezuela has its eye on becoming a major minerals producer, though its capacity to do so is in question, according to Maplecroft's principal Latin America analyst James Lockhart-Smith.
The company announces the issuance of up to 3,080,000 incentive stock options to various directors, advisory board members, officers, employees and key consultants.
Green light for transmission line was the final hurdle to clear.
World's number one copper producer is not ramping up production as expected.
According to a report by the National Statistics Institute in Peru.
Global lithium reserves are estimated to total 10 million metric tons, of which 9 million metric tons are thought to be located in Latin America, mainly Argentina, Chile and Bolivia.
Antofagasta's CEO Diego Hernandez has confirmed that the suspension of the Antucoya copper project in Chile will not impact other projects.
The notable flops, failures and flameouts of the year.