HSBC says the Middle Kingdom is replacing the United States and Europe as the driving force behind the world economy
Latin America Mining News
All 4 mineralized zones are situated within the Corona de Oro gold belt, which hosts the San Albino gold deposit.
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.
Inmet's largest shareholder in favour of a deal.
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.
More than half of the total reports submitted in early 2012 are still under evaluation.
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.
Trout Lake and Chisel North mines reach the end of their mine lives
MMX Mineração e Metálicos S.A. will dispute the charge as it claims there is no legal basis for
McEwen Mining successfully achieved commercial production at El Gallo Phase 1 in Sinaloa State, Mexico.
The Vancouver-based miner posted its 2012 results Wednesday.
If successful, the deal will be the biggest hostile mining bid since BHP Billiton failed $40bn offer for Potash Corp. of Saskatchewan in 2010.
These aren't the only countries facing creeping nationalization
He'll remain as chief executive of AngloGold Ashanti until the end of March.
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.
They refuse to move to a new town built by China’s own Chinalco.
It’s safe to say that some of the initial fervour around mineral exploration in Colombia has cooled.
Premiums on ethically mined silver to be used for investment in local mining communities
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.