Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.
Latin America Mining News
Benchmark price down 7.4% on Thursday.
Company is doubling down on efforts to find early-stage mining projects to acquire and is open to deposits that depart from its focus on silver and gold.
He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.
Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15.
BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.
Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project.
Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.
The company is also interested in investing in the electricity sector itself or through a joint venture.
Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world’s largest potash miner worth about $36 billion.
Vancouver-based producer rises 33% after Supreme Court of the central American nation reinstates operating licence for world's third largest silver mine.
Mexus Gold US along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine.
The sale of Santa Gertrudis has given GoGold much-needed cash to pay off its $46.3-million debt with the Bank of Montreal.
Steelmakers have accused the four countries of dumping the steel used in construction and machinery so the European Commission, the trade policy watchdog, had set out plans to levy tariffs of up to 33 percent.
The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies’ existing licenses
Chile's state-owned Codelco reports over 5% drop in first half copper production, rising costs.
While production in August was below normal due to the ongoing disruptions to the company’s operations, Gran Colombia expects to meet its annual production guidance for 2017 of 150,000 to 160,000 ounces of gold.
Active mining concessions add up to 25,716
Wayuu leaders traveled to Bogotá to protest against El Cerrejón, the thermal coal open-pit mine owned by Glencore, BHP Billiton and Anglo American
The Lenin Moreno government has recently granted 237 mining concessions to private companies
BacTech Environmental: “Green Gold” processing technology addresses artisanal mining and ARD problems
Every year millions of small-scale miners toil in the baking sun, collecting and breaking rocks with the goal of extracting small amounts of gold - enough to make a living in some of the most impoverished corners of the world.
Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.
The massive project is expected to process close to 80,000 tonnes of copper ore a day.
Deal valued at $635 million.
Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.