Latin America Mining News

Andes Iron and Chilean ME enter conciliation process over $2.5-billion project

Andes Iron appealed an August 2017 decision that forbade its copper and iron ore project from going forward.

MGX eyeing lithium brine assets in Chile

Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.

18 die in clash at Venezuelan gold mine

Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.

Colombia's Cerrejon, union reach last-minute deal to avoid strike

The largest union at Cerrejon has reached an 11th-hour salary and benefits deal with the company, avoiding a strike, the union said on Thursday.

Why Tesla is turning to Chile for its lithium: Andy Home

Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert.

For Barrick Gold the Pascua-Lama hits keep coming

$429 million impairment on the stalled project after Chile environment agency ordered final closure.

Investment poised to increase in Chile – central bank survey

Chile's economy is poised to improve by mid-year as rebounding copper prices and President-elect Sebastian Pinera's promise of business-friendly policies increase optimism among investors.

Rio investors asked to push miner to leave Minerals Council of Australia

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

Guyana Goldfields goes underground, stops worrying about Venezuela

The Canadian company is set to invest $120 million to conduct underground gold mining for the first time in Guyana’s history.

INGEMMET estimated the existence of 243,000 tons of silver and 6,915 tons of gold

Peru will strengthen position in top five gold and silver producing countries in the world if it makes most of the reserves of these two metals.

Rio Tinto back in race for stake in world’s largest lithium miner

Rio’s renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China’s Tianqi, acquire the 32% interest in SQM.

Southern Copper surprises with $287.5 million net loss in fourth quarter

Analysts had forecast a $419 million net profit for the company in the fourth quarter.

Two die in Yamana Gold mine accident in Argentina

The accident at Gualcamayo mine involved two employees of a local contractor traveling in a light truck on an access road at the Las Vacas exploration site.

No sign of early contract talks at BHP's Escondida mine -Union

BHP's Escondida on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.

World Copper Conference to be held in Santiago, Chile on April 9 to 11

CRU’s 17th World Copper Conference is a premier copper conference that attracts over 500 delegates.

Brazilian prosecutors say Anglo’s sale of Amapa iron ore shady

They also claim miner offloaded the asset to avoid paying for environmental damage caused by an accident at its floating dock, which killed six people and dragged vehicles, equipment and large amounts of iron ore into the Amazon River.

Brazil's Vale expects to meet $10bn net debt goal by mid-2018

Speaking at an event in São Paulo, Schvartsman also said the recent rise in nickel prices should generate an additional $750 million in cash flow.

Animation: human population growth over all of history

Imagine that for every million people on Earth, there was a single dot on a map. What if we went back in time, watched dots accumulate over human history?

These are top-10 global mining trends expected for 2018

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

Australia's Newcrest Q2 gold output down marginally, maintains 2018 guidance

Newcrest Mining Ltd's second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter.

Oreninc Index falls as financings reduce to trickle

The Oreninc Index fell, as a lack of activity saw the metaphorical tumbleweeds rolling down Bay St with the index falling to 22.99 from 34.36 a week ago.

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.