Besieged Baja Mining suffered another setback on Thursday after Mount Kellett Capital Management, the company’s largest shareholder, announced it wouldn’t provide debt or equity financing for the Boleo project in Mexico.
Latin America Mining News
At least three people were killed and 20 injured in northern Peru yesterday after a clash between police and protesters opposed to the $5 billion Conga gold mine planned by Newmont Mining in the northern region of Cajamarca.
The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.
The Canadian Press is reporting that Barrick Gold (NYSE:ABX) was handed a setback by Argentina's supreme court, which brought back some glacier protection laws that the mining giant had until now sidestepped.
Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.
Chile’s Doña Inés de Collahuasi mining company announced Solarpack has won the contract to build a 25 MW solar energy park, which will supply nearly 13% of the mine's power needs during the day.
Gold giant Barrick Gold (NYSE:ABX) has faced a setback in its ownership row with Goldcorp (NYSE:GG) over a copper and gold mine in Chile as Ontario Superior court dismissed Barrick's claim that Goldcorp illegitimately got ownership of mine an...
Pan American Silver comments on draft mining legislation submitted to Chubut's provincial parliament
The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.
Newmont Mining will soon resume work on its Conga gold project as the miner has accepted the Peruvian government’s condition to build water reservoirs to ensure water supply in the nearby areas.
Locals from the Bolivian Andean region have kidnapped two engineers of Canadian South American Silver and are demanding the immediate release of their leader.
Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s largest iron ore mine.
The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.
US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high operating costs during the rest of the mine’s short expected life.
London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation for months.
Chile’s government decision to privatize the country’s lithium, announced last week, has the country immersed in a heated debate over who has the right to exploit the vast reserves of the so called “white gold” mineral.
Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of polluting their land and water supplies.
The lands will be open for mining licenses, but a majority of them are in protected zones, so officials would have to carefully pick specific regions to auction.
Clean, renewable energy and how it can be tapped and produced in Latin America and the Caribbean has been a focus of the Rio+ 20 Earth Summit, taking place this week in Rio de Janeiro, Brazil.
Bolivia’s leftist government announced it won’t pay any financial compensation to Swiss miner Glencore after yesterday’s decision to take over its Colquiri tin and zinc mine.
The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.
Australian PanTerra Gold restarted operations at its Las Lagunas gold and silver project, in the Dominican Republic, adding that the feed issues to the Albion carbon-in-leach processing plant had been resolved.
The world’s richest mining entrepreneur and wealthiest man in Brazil, Eike Batista, is now also the largest holder of mineral rights in the South American iron ore-rich area of Mato Grosso do Sul, with 9,362.98 hectares under his control.
Brazil's lower house mining and energy commission has rejected 10% export tax on all iron ore exported by local miners, but Standard & Poor warns permitting and infrastructure issues are threatening the country’ iron ore expansions.
London-based Anglo American (LSE:AAL) and Chile's state-owned Codelco have set this Friday as the deadline to resolve a dispute over billions of dollars in copper assets.
Crystallex obtains a court order to delay its annual meeting and announces the dismissal of the appeal of its DIP financing
TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Crystallex International Corporation (OTCBB:CRYFQ) ("Crystallex" or the "Company") announced today that it has obtained a court order which allows it to delay holding its annual meeting pend...