Latin America Mining News

Barrick urges the Dominican Republic to honour Pueblo Viejo’s contract

Local authorities are reviewing the contract with Barrick in a bid to make it “more favourable” to the country.

New setback for Inmet’s $6 billion copper project in Panama

The country’s Supreme Court ruled against Inmet's land rights claims near Petaquilla’s concessions.

World's richest man Carlos Slim's mining firm run out of town

Minera Frisco suspends exploration near Tetela de Ocampo after protests by residents and environmental activists.

Strike stops work at Colombia's biggest coal producer

Cerrejon and workers at loggerheads over employment contract.

Belo Sun drops 7% as doubts over $1 billion Amazon gold mine creep in

Brazil's federal authorities issue new warnings about environmental and social impact of the country largest gold project.

Vale to invest $16 million in copper-gold project in Mexico

Vale's local subsidiary signed a deal with Canadian junior miner Corex Gold to explore for gold and copper in Mexico.

Oakland Resources buys up Chile's Castillo Copper

Sydney-listed Oakland Resources (ASX:OKL) has signed an implementation agreement for the acquisition of private Chilean copper explorer Castillo Copper.

If you're selling, hungry Hudbay is buying

Toronto-based miner willing to spend up to $400m to 'tuck something in this year'.

Dominican Republic fast tracks mining permits

Total process will take up to four months from the moment a company submits its application.

Silver Wheaton buys $1.9 billion of Vale gold

Silver Wheaton acquires Vale gold streams worth $1.9 billion

Global mining industry faces unprecedented threats: report

Resource nationalism, poor infrastructure that hinders development and supply chain disruptions are some of the biggest risks the global mining sector will face this year.

Avalanches in Pascua Lama area did not cause water pollution: Barrick

Recent avalanches affecting several points along a water channel in the area of Barrick's Pascua Lama project have not affected water quality, says the gold miner.

Deadly explosion in Mexico caused by gas buildup, not bomb

A buildup of gas in the basement of the headquarters of the national oil company and not a bomb as local media reported caused the blast that killed 37 people and wounded dozens last week, Mexico's authorities announced late Monday.

Mexico gears up for new mining bill, includes taxes to benefit locals

It will start charging mining companies already operating or planning to start up in the second half of this year.

Chesapeake Gold sold off after Mexican project costs come in on (very) high side

Vancouver firm may still look attractive to gold majors looking for new supply.

Bolivian mining town erects giant Virgin statue that rivals Rio's Christ

The $1.2 million statue of the Virgin Mary is slightly shorter than New York's Statue of Liberty, but seven meters higher than Rio's famed image of Christ.

Guinea wants to bring one of the world’s richest iron ore deposits back to life

Last October, Vale put the scope and schedule for its $1.26 billion Zogota iron-ore project in Simandou South under review.

Top 10 trends facing the mining industry

VIDEO: Deloitte's fifth annual global mining report on pressing issues and practical solutions to problems.

Terrorists said to be leading protests against Canadian miner in Peru

Protests organizers are said to have links with organized terrorist groups, such as the Túpac Amaru Revolutionary Movement (MRTA) and the Shining Path.

Investors losing confidence in copper miner Antofagasta

Chilean copper miner Antofagasta PLC hit a four-month low Friday on worries that increasing costs would eat into its premium rating.

Huge blast kills at least 32 at Mexico’s Pemex HQ

An explosion caused by — so far — unknown reasons left 25 people dead and more than 100 injured at the Mexico City headquarters of state-owned oil firm Petroleros Mexicanos (Pemex) late Thursday.

Chinese mining giant plunges following Hong Kong IPO

Chinalco Mining Corporation (HKSX:3688) plunged over 11% following it's debut on the Hong Kong Stock Exchange on Thursday.

Mining investment in Argentina grows 72% despite risky business climate

Foreign and local investors spent a total of $3.8 billion in 2012 and the trend is expected to continue this year, with planned investments already amounting to more than $4 billion.

Gold Fields La Cima SAA announces resignation of its Chief Executive Officer

Gold Fields La Cima SAA announced that Mr. Juan Luis Alfredo Kruger Sayan has resigned from his posts of Chief Executive Officer effective March 15, 2013