Latin America Mining News

Dentons supports Mining & Investment Latin America Summit for third year in a row

For a third consecutive year, Dentons is proud to support the Mining & Investment Latin America Summit (MILA), the largest mining and investment event in Latin America, which was incepted in 2014. This year’s summit will host an audience of more than 650 attendees, including miners, investors and financiers.

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

Mineria Activa acquires 90% of Pampa Camarones for US$18mm

Private equity firm Mineria Activa acquired 90% of Pampa Camarones through a US$18mm capital increase in the company.

Brazilians disrupt BHP Billiton General Meeting in London, a year after deadly Samarco dam disaster

Outside the meeting, a street theatre re-enactment of the destruction of the Doce River in Minas Gerais, Brazil, was accompanied by testimonials from frontline visitors affected by the company’s operations in Brazil, Colombia and Indonesia.

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

Argentinian province to launch mining referendum

A moratorium in place since 2003 bans open-pit mining and the use of cyanide for metal recovery.

Yamana Gold set to spin off Brazilian unit as separate public company

The miner plans using proceeds from the exercise of the purchase rights and any direct sales of Brio shares to reduce debt.

Peruvian farmer who died in protest against MMG’s Las Bambas mine was shot to death — Gov’t

He is the first person to die in clashes over mining under new President Pedro Pablo Kuczynski.

Pac Rim Mining loses suit against El Salvador

The company was ordered to pay $8 million in legal fees and costs to the Salvadoran government.

The race for lithium heats up

Is lithium the new super-mineral? Analysts seem to think so.

Antofagasta's Los Pelambres mine faces potential $24 million fine, closure

Chile's environmental regulator has drawn up nine charges against the copper mine for mismanaging water resources and nearby flora.

NGOs want Venezuela to halt mining concessions, claim violations of Indigenous rights

Advocacy groups are taking issue at the Mining Arch of the Orinoco River National Development Strategic Zone.

New Mexican lithium discovery for Australian-Canadian partners

The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.

McEwen Mining reports Q3 production, Mexico exploration drill results

Total production for Q3 was 36,496 gold equivalent ounces using gold to silver ratio of 75:1.

Fresnillo’s output up but San Julian plant to be commissioned later than expected

Shares in the Mexico-focused precious metal producer dropped as much as 2.4% to 1608 pence in London after the news.

Endeavour Silver output drops in Q3

Despite the lower figures, the miner noted it remains on track to meet full year revised guidance of 5.5-6.0 million ounces of silver this year.

Goldcorp resumes operations at Peñasquito mine

Goldcorp says it has commenced ramp up mining operations at Peñasquito.

World's largest miner gets rejected

SolGold says BHP Billiton's offer not in its best interest.

CHART: Copper price slump devastating Chile state finances

Mining-related income now accounts for just 1.5% of government revenues, down from a peak of over 34% in 2006.

Baja Mining may be losing minority stake in Boleo mine

Running at a loss, it cannot afford its share of a recent cash call to continue funding the Minera y Metalúrgica del Boleo mine in Mexico

Bacanora completes drilling at its lithium project in Mexico

The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.

Goldcorp's Peñasquito could restart within day

Government mediation could end blockade by truckers and farmers at Vancouver gold miner's flagship Mexico operation, readied for immediate restart.

Chile's Codelco delays $2.25 billion in investments on copper prices slump

Phase two of its Radomiro Tomic sulphide project and a new level at El Teniente, are the most affected projects.

Operations resume at Barrick’s Veladero mine

The miner said it didn't expect the18-day suspension to have a significant impact on its 2016 operating guidance for Veladero.

Newmont begins production at its Suriname gold mine

Merian gold mine was completed on time and more than $150 million — about 20% — below its initial capital budget.