Latin America Mining News

Copper giant shortlists candidates as CEO ponders future

While Nelson Pizarro could well stay on as Codelco's chief executive officer, the government is putting together a shortlist of candidates.

Fura Gems kicks off initial production at iconic Coscuez emerald mine

Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition of the mine

Workers at Chile's Los Pelambres mine extend contract talks – industry group

Workers in the mine's largest union last week rejected an offer for a new labor contract, triggering a period of government mediation.

B2Gold says Mali’s new code won’t affect its Fekola mine

The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.

Chile preparing new law to lure foreign investment: media

Pinera’s government has vowed to reactivate $50 billion in mining investments that it says have been held back by red tape.

Electric vehicles, higher prices to boost global copper output — report

Global copper output is expected to climb from 20.4 million tonnes this year to 28 million tonnes by 2027.

U.S. govt to accept metals tariffs exclusion requests from Monday

It could take up to 90 days to make determinations.

New Chile govt undecided on blocking SQM sale to China firms -official

Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities.

Poland's KGHM targets rise in Chilean copper ore output

The miner expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18% next year from current levels.

World’s No. 1 copper miner Codelco made a $2.88 billion profit in 2017

Best performance in three years.

Canadian miner denounces illegal stoppage at Panamanian mine

“The dominant union, which represents the majority of workers, is not involved in the action,” an official statement reads.

Venezuela gold reserve value falls 14% in 2017

Gold now represents just under 70 per cent of the Central Bank's international reserves.

Pinochet’s son mining permit application causes controversy in Chile

The Mayor of the city of Quilpué rejected the proposal.

Canadian miner allowed to extract and export Chilean lithium

The company now has an extraction quota of 88,885 metric tonnes of metallic lithium.

These charts show just why copper price fundamentals are so strong

The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.

Barrick chairman Thornton boosts ownership with major share buy

The boss of the world's top gold miner has bought 306,000 additional shares in the company.

Antofagasta more than doubles dividend on strong copper prices

Chile-focused miner is raising its dividend by 177%.

Over 37% of Bolivia’s population benefiting from the mining sector.

Ross Beaty, Chairman of Pan American Silver and Pablo Guzman, Bolivian Ambassador in Canada, provided opening remarks highlighting the importance of silver mining in Bolivia and positive relations between Canada and Bolivia over the last 12 years.

Chile's Codelco inks deal on Ecuador copper project

The project could become the first mine Codelco operates abroad.

Workers at Cajamarquilla zinc smelter in Peru end strike

Workers had downed tools on Monday to demand higher wages and better benefits, according to a union leader.

Antofagasta’s Los Pelambres copper mine workers vote to strike

Unionized workers company’s latest offer for a collective labour agreement.

Teck restarts Elkview dryer, to lose 200,000 tonnes of coal production

Company expects to lose about 200,000 tonnes in steelmaking coal output.

Guatemala delays ruling on Tahoe’s Escobal mine reopening

Constitutional Court has requested additional information.

More countries want to be exempt from Trump’s tariffs

Brazil, Argentina, Japan and the EU have expressed concerns about the measure.

Scientists closer to producing safer and longer-lasting lithium battery

Using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, reduces dendrite growth, which makes batteries safer and longer-lasting.