Latin America Mining News

Chile open to increasing SQM lithium quota to satisfy Tesla -Corfo

Tesla and SQM were exploring opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide from SQM.

Union at Colombia's Cerrejon votes to strike after talks fail

Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports.

Metso Chile Life Cycle Services case wins Mining Magazine Service & Support award

A Metso Chile Life Cycle Services case has received the 2017 Mining Magazine Award for "Service and support." Life Cycle Services are designed to maximize equipment uptime, ensure the highest end-product quality, and secure continuous production for the customer.

Anglo's Brazil iron ore expansion a go

Anglo American's Minas Rio iron ore mine in Minas Gerais state has nameplate capacity of 26.5m tonnes per year.

Union, Colombia's Cerrejon mine return to talks in bid to avoid strike

A 10-day voting period for union members to decide whether to stop work after failed talks ends on Monday afternoon.

SolGold starts additional drilling at flagship project in Ecuador

The company’s Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.

Chile's Codelco gets approvals for El Teniente mine expansion

The approvals will allow the company to modify its original expansion plan, already permitted and now 44 pct complete, which seeks to add another mine level.

Canada’s Gahcho Kue diamond mine boosts Anglo American output, but copper flat

The company beat expectations on Thursday with a 5% increase in 2017 production.

Small remains beautiful for gold mining acquisitions

Small, opportunistic deals will dominate the global gold mining sector again this year, analysts said on Tuesday.

Anglo expects expansion licence for Minas Rio in Brazil by Friday

Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.

Antofagasta sees 2018 costs to reach $1bn on Pelambres expansion, equipment

Chile-focused miner also expects costs to rise on tailings dam expenditure.

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.

Russia to invest $250 million in uranium exploration, production in Argentina

Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.

These are some of the top mining assets on the block

Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.

Rising mineral prices trigger artisanal and small-scale mining ‘explosion’ — report

An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.

Agarwal plans to keep his Anglo American stake for a long time

Indian commodities billionaire said the rally in Anglo American Plc vindicated his personal bet in the mining group.

Tahoe denies reports of water contamination

Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies. 

Crystallex requests new hearing in lawsuit against Venezuela

The Canadian company alleges that the South American country is performing “fraudulent transfers.”

Union at Colombia's Cerrejon to hear wage offer before possible strike vote

"We will meet with the company... after a request from them to present a new offer, the fourth in this negotiation," said the Sintracarbon union president.

Copper miners challenged by water supply

"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.

Chile’s regulator orders permanent closure of Barrick's Pascua-Lama mine

Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.

Torex restarts operations in Mexico despite blockade

The miner and the current operating union re-established plant access through a road used during construction.

Output at Chile's Escondida copper mine falls 7.8 pct in 2017

The decline to 903,000 tonnes came despite the start of operations at a new wing.

Tahoe welcomes new Canadian Ombudsperson for responsible enterprise

Tahoe Resources Inc. welcomes the announcement today that Canada will establish the office of Ombudsperson for Responsible Enterprise.

Chile's Corfo, SQM strike deal in lithium dispute

The deal frees the miner to apply for increase in production quota amid demand boom and surging prices for lithium, which is used in EV batteries.