Latin America Mining News

3,000-year-old copper mask is oldest crafted object in South America

It's a well-known fact that copper was used by ancient peoples to make some of the earliest tools and artwork.

Two workers trapped at Mandalay’s Cerro Bayo mine in Chile after flooding

Operations at the silver-gold mine have been suspended until further notice.

Anglo American appoints takeovers expert as new chairman

Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.

First Majestic Silver to resume mining after labour disruption

First Majestic Silver's (NYSE:AG,TSX:FR) La Encantada silver mine in Mexico should be back into the ore within weeks after a labour disruption halted production in May.

Large precious metals player entering 'catalyst-rich period' in Mexico

BMO Analyst Andrew Kaip highlights what to expect from this developer in the near and more-distant future with a rating upgrade.

Shandong to borrow $1.26B to buy half of Argentinian gold mine

Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.

Pimenton mine in Chile goes bankrupt

One of the world's highest-grade gold mines has been closed and its operator has declared bankruptcy due to a lack of working capital.

BHP finally lifts Escondida force majeure

43-day strike at world's largest copper mine cost BHP around $1 billion in lost revenue.

Shipwreck casts shadow over fleet of Vale iron-ore carriers

A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that mysteriously sank en route to China leaving 22 people presumed dead.

Gemfields steps up fight against takeover by largest investor

Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.

Vangold Mining acquires seven claims in Mexico

Acquisition expands company's exposure in the Mexican silver belt.

Regional integration key to unlocking economic potential in Latin America

There is a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean, report shows.

Iron ore plunge hurting miners — down to fresh 7-month low

Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.

SLIDESHOW: The iron ore price wars 2002–2017

Iron ore's transformation from a relic of the industrial age to the driving force behind a commodity supercycle that reshaped the global economy.

'Full speed ahead' for Lundin's Ecuador gold project after financing deal

Orion and Blackstone pay up to $450 million for prepaid and streamed gold and silver from Vancouver company's Fruta del Norte project in South America.

Strike at Barrick’s Veladero mine suspended

Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

World's top 20 silver mining companies

Switzerland's Glencore jumps to number 2 on ranking of top silver miners by output.

Better copper prices boost Codelco’s profit offsetting output decline

The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.

Iron ore crashes again to below $58 a tonne

Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive weekly fall.

Billion-dollar gold dream lures mining and movie maverick out of hiatus

Frank Giustra aims for hat trick with Leagold Mining in Mexico. Bill Clinton pal sees ‘major’ gold producer within four years.

Super power: Are rechargeable batteries transforming the mining sector?

There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.

CEO sees little chance of Samarco restart in 2017

30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.

Workers block access to First Majestic’s La Encantada mine in Mexico

Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.

Low copper prices force Codelco to revise underground expansion of Chuquicamata

Modifications seek to simplify aspects of the project originally approved in 2010 in order to optimize mineral handling.