Government has sent additional police forces to watch over the protestors, as previous manifestations have turned violent in the past.
Latin America Mining News
Reforms include proposal to potentially double mining royalties to 4%.
Countries that are not now known for their oil and gas production are showing much shale oil and gas promise.
The proposed end to the licensing system marks something of retreat for Beijing which has made many attempts to wrest control over pricing away from the major producers.
The average annual salary is about $97,500, not so far from the global average of about $98,700.
Considered key for Codelco's future.
The new round of demonstrations come after a top official for the Conga project, CEO Roque Benavides of Buenaventura, said water from one of the main water sources for locals, would be transferred to a reservoir later this year.
"If the industry was still growing robustly the pressure to raise taxes and regulation would have been stronger."
While the real and rand continues to weaken significantly, the Australian dollar is staging an impressive comeback and dealing damage to Rio Tinto and BHP.
Particularly in the state of Coahuila, which holds 80% of the country’s coal deposits.
The world’s largest copper producer may be the chosen company to run the Fruta del Norte project, the largest gold deposit in Ecuador, when the concession for the Canadian miner expires August 1.
World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.
In 2012 its consumption grew by 2.5% in comparison to 2.2% for natural gas.
As a result of an ongoing conflict between two rival unions.
Company has been seeking to turn the corner after a tough 2012.
Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.
Reserves estimated at $115 billion.
The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.
Peru's ombudsman office warned about the renewed unrest in the Cajamarca region, where Newmont has its now halted $4.8 billion gold-copper Conga project.
"We still believe in a world where iron ore can be profitable at a cost of 50 dollars per ton.”
Structural reforms being put in place enhance international investment appeal.
Stock drops 7% after lowering its 3-year gold equivalent target by more than 20% or 85,000 ounces.
Copper price slumps 1.8% as Brazil, Russia, India and China growth slows to 2009 levels.
The estimates are "highly uncertain and will remain so until they are extensively tested with production wells."
The Toronto-based gold miner fell 5% after hours on decision to drop project after failing to come to terms with the Ecuadorian government.