Latin America Mining News

Uruguay approves new mining law, opens reserves to foreign firms

It opens up the country's deposits of iron ore estimated in 2,500 million tons. If mined, Uruguay couldbecome world’s eighth largest iron ore producer.

Top miners to spend $244b in the next two years

BHP Billiton and Rio Tinto seem to believe the recovery has began.

Industrial production, business confidence picking up in advanced economies: OECD

Though global growth is likely to remain sluggish for a while.

Off to the races

The exhaustion of short-sellers paired with insatiable global physical demand has positioned gold for an exciting conclusion to a volatile year.

Mine worker killed at Endeavour Silver's Guanacevi Mine

Underground rockfall to blame.

Bolivia to open bids for world’s biggest iron ore deposit

The Mutún reserve is home to 20 billion tonnes of iron ore.

Ontario Premier meets with family of fallen miner over safety probes

"There hasn't been a review of mining safety for many years, and that needs to happen."

Brazil's Batista makes another sale

Inversiones Cooper Mining buys MMX.

Tiny Uruguay could become world’s eighth largest iron ore producer

Main reserves are located in the country's most eastern province, next to Brazil.

Ecuador and Codelco form JV to explore close to $200bn untapped copper reserves

Ecuador’s mining chamber of commerce values the country’s total mineral wealth at $220 billion.

Junior explorer's fortunes follow those of senior miners: Steve Todoruk

Major mining companies may begin to recover following wave of write-offs. Optimism for majors may benefit the juniors as well.

Exploring for oil in Nicaragua: Friends in high places

In July Nicaragua announced that Noble Energy would invest $30 million in drilling two offshore wells in the Caribbean—launching Nicaragua's first-ever oil exploration.

Anti-mining sentiment in Peru main barrier to sector’s growth – S&P

Despite current challenges the analysts expect significant growth in the country's mining industry.

Imminent strikes to hit world’s largest copper producers

Chile's Codelco and BHP’s Escondida mine face labour conflicts.

The world's 10 largest copper expansion projects

Copper top 10.

Big bets placed Belo Sun's Amazon gold mine happening soon

Shares of Toronto-based explorer is up 56% in the three weeks as investors await feasibility study and Brazilian approval.

Iron ore magnate's 'largest, strangest, most thrilling' art adventure

"There's not too much suffering about it. Inhotim is a positive response to the mining."

Merger creates largest publicly listed land holder in Amazon Potash Basin

Pacific Potash Corp. and Cowley Mining Plc.

Two things copper price bulls are choosing to ignore

Copper price is losing touch with huge supply growth and cost of production.

Canadian miner kidnapped in Colombia set free

Gernot Wober, 47, had been held captive by the National Liberation Army, Colombia's second most powerful rebel group.

Canadian and Argentinian miners look to team up on uranium project

U3O8 and Petrominera may develop Chubut province deposits together.

Barrick admits violations in Pascua Lama, vows to make ‘things right’

Company lawyer asks Chilean court to ratify its July verdict, when it officially halted all operations in the project.

Global QE exit crisis coming, Fed 'steeped in denial'

"Developing economies are now feeling the full force of the Fed’s moment of reckoning."

Peru steps up crackdown on illegal mining

A few months ago, Peru’s illegal mining exports problem was worse than drug trafficking.