Green light for transmission line was the final hurdle to clear.
Latin America Mining News
World's number one copper producer is not ramping up production as expected.
According to a report by the National Statistics Institute in Peru.
Global lithium reserves are estimated to total 10 million metric tons, of which 9 million metric tons are thought to be located in Latin America, mainly Argentina, Chile and Bolivia.
Antofagasta's CEO Diego Hernandez has confirmed that the suspension of the Antucoya copper project in Chile will not impact other projects.
The notable flops, failures and flameouts of the year.
American International Ventures has established a subsidiary in Mexico, Oro De AIVN, to be responsible for its La Veta gold project, located in El Alamo, Baja California.
BHP Billiton is currently working on the expansion of the Escondida mine, located in Chile.
Lithium Americas has announced it will invest ARS 3 billion (USD 816.75 million) in its Caucharí-Olaroz mining project in Argentina.
Minera Argenta, a subsidiary of Pan American Silver, has announced it will not carry out the silver and lead project "Navidad", located between the communities of Gan Gan and Gastre in Chubut, Argentina.
Brazil increased gold reserves for a third month in November to double the country’s holdings since August, reaching levels not seen since November 2000.
Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements
"In a resource-constrained world, value creation moves towards the owners of resources" is the conclusion of a new report from McKinsey
Braeval Mining completes $10,000,200 initial public offering and lists on the Toronto Stock Exchange
The company announces the closing today of its initial public offering of 16,667,000 common shares of the company at a price of $0.60 per share resulting in gross proceeds of $10,000,200.
Cornerstone and SolGold define additional gold-copper soil anomalies and geological targets at the Cascabel project, Ecuador
Cornerstone and SolGold define additional gold-copper soil anomalies and geological targets at the Cascabel project, Ecuador.
Brazilian miner Vale SA (NYSE:VALE) said Wednesday its fourth-quarter results would suffer after the company decided to settle a case of alleged tax evasion with Swiss authorities.
Adds additional resources of 502,800 gold equivalent ounces
Marifil has expanded its land holdings and acquired two high-grade potash deposits K-5 and K-6 in the Neuquen basin.
The company anticipates that its common shares will open for trading on the NYSE Friday, December 21, 2012 under the ticker symbol "RIOM".
Leading Canadian gold miner flush with cash following disposal of Mexican assets
The fall was caused by lower prices and slowing demand from major copper consumers like China, says Gonzalo Fernandez, an analyst with Grupo Santander.
Belo Sun increases measured and indicated resources to 4.1 million ounces of gold plus inferred resources of 2.8 million ounces of gold at Its Volta Grande gold project, Brazil
Measured and indicated resources were raised to 4.1 million ounces of gold plus inferred resources of 2.8 million ounces of gold at the company's Volta Grande gold project, Brazil.
The $6,334 interest free loan and 3.7% wage hike will also come in handy.
When it comes to its $8.5 billion Pascua Lama project, 2012 was not a great year for Canada’s Barrick Gold.
Inmet shareholders approached directly with sweetened deal