Latin America Mining News

China set to make biggest ever contribution to global growth in 2014

HSBC says the Middle Kingdom is replacing the United States and Europe as the driving force behind the world economy

Golden Reign Resources Ltd.: Southern district trenching program update

All 4 mineralized zones are situated within the Corona de Oro gold belt, which hosts the San Albino gold deposit.

Top Iron Miner Vale Gains After CEO Says China Demand Recovering

Vale , the world's largest iron- ore producer, rose the most in a week after Chief Executive Officer Murilo Ferreira said the company will benefit from a recovery in Chinese construction and manufacturing.

First round to First Quantum

Inmet's largest shareholder in favour of a deal.

Economic crisis looms in Venezuela

Venezuela's liquid foreign reserves are drying up, the currency is 300% overvalued, but no economic decisions will be made before new government is put in place.

Mining projects worth $7.5bn delayed by Peru's environmental authorities

More than half of the total reports submitted in early 2012 are still under evaluation.

Inca Peruvian Mining's new processing plant may reduce production costs by 50%

Inca Peruvian Mining, a South American company specializing in gold, silver and copper mines, has secured a contractor to complete the construction and installation of the new processing plant.

Hudbay Minerals slides after copper production cut, costs rise

Trout Lake and Chisel North mines reach the end of their mine lives

Batista’s MMX struck with $1.8 billion tax fine in Brazil

MMX Mineração e Metálicos S.A. will dispute the charge as it claims there is no legal basis for

McEwen Mining Declares Commercial Production El Gallo Phase 1 in Mexico

McEwen Mining successfully achieved commercial production at El Gallo Phase 1 in Sinaloa State, Mexico.

Canada's Eldorado Gold to spend almost $100 million on exploration in 2013

The Vancouver-based miner posted its 2012 results Wednesday.

First Quantum's $5bn Inmet bid turns hostile

If successful, the deal will be the biggest hostile mining bid since BHP Billiton failed $40bn offer for Potash Corp. of Saskatchewan in 2010.

Miners warned about Myanmar, Tajikistan and Bolivia investments

These aren't the only countries facing creeping nationalization

Meet Anglo’s new CEO: Mark Cutifani

He'll remain as chief executive of AngloGold Ashanti until the end of March.

Samco Gold to commence drill testing of Cerro Cubilete prospect on its Corina project

Sampling of the Cerro Cubilete prospect has yielded a total of 116 rock chip samples of float and outcrop, of which half the samples are above a cut-off grade of 55 g/t Ag and average approximately 460 g/t Ag.

Hundreds in Peru oppose relocating from century-old mining village

They refuse to move to a new town built by China’s own Chinalco.

Colombia enters crucial make-or-break stage

It’s safe to say that some of the initial fervour around mineral exploration in Colombia has cooled.

'Fairtrade' silver makes its global debut in the UK

Premiums on ethically mined silver to be used for investment in local mining communities

Hundreds march against AngloGold Ashanti in Colombia

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.

Colombia's Cerrejon exceeds coal exports and production targets for 2012

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.

Anglo American sells stake in Brazilian iron ore mine

The global mining giant is selling its 70% stake in the Amapa iron ore operation in Brazil to Zamin Ferrous.

Chile delays copper, gold projects worth $39bn

Nearly 25% of the mining copper and gold projects considered in the total 2012 portfolio for the country were hindered.

India and Brazil to replace China as main drivers of resources demand: report

A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG

BHP holds a whopping 1,425 permits in Peru

BHP obtained 144 exploration permits in the South American country in 2012

Subcontractors bring Caserones to a halt until February

Currently, only 900 workers out of the usual 18,000 workers have showed up for work at the mine.