An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.
Latin America Mining News
Indian commodities billionaire said the rally in Anglo American Plc vindicated his personal bet in the mining group.
Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies.
The Canadian company alleges that the South American country is performing “fraudulent transfers.”
"We will meet with the company... after a request from them to present a new offer, the fourth in this negotiation," said the Sintracarbon union president.
"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.
Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.
The miner and the current operating union re-established plant access through a road used during construction.
The decline to 903,000 tonnes came despite the start of operations at a new wing.
Tahoe Resources Inc. welcomes the announcement today that Canada will establish the office of Ombudsperson for Responsible Enterprise.
The deal frees the miner to apply for increase in production quota amid demand boom and surging prices for lithium, which is used in EV batteries.
BHP's iron ore output climbed to 72 million tonnes for the three months ended Dec. 31 versus 70 million tonnes a year ago.
To date, the company has invested $45 million in Nicaragua, completed over 70,000 meters of drilling on its flagship La India asset, and produced two PEAs and a PFS.
Conservative Diego Castro called environmentalist groups "eco-terrorists."
During a meeting with investors and analysts in Sao Paulo, Vale’s investor relations director, André Figueiredo, said it seemed “natural” for his company to become the sole owner of the project.
Cochilco, Chile's state copper commission, raised its estimated 2018 avg price for the metal to $3.06 per pound from its previous forecast of $2.95.
The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.
Rampant violence and corruption are the norm in the mines of the southern Guayana region.
Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.
Federal prosecutors announced ruling in a statement that said electricity transmission lines and a bauxite pipeline damaged soil and silted up rivers.
On Tuesday Global miner Rio Tinto reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.
Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.
The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.
An earthquake in Peru on Sunday has claimed two lives and caused an illegal mine to collapse.
China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.