Latin America Mining News

Artisanal miners’ strike impacts Colombian town

Local businesses have joined a general strike started six days ago by at least 10,000 artisanal and ancestral miners

Codelco and Anglo American recognize Metso'scontribution to safety

Metso has been able to improve the safety of operations at both sites by developing and implementing innovative safety enhancements.

Fresnillo silver, gold output jump on San Julian ramp up, higher ores

For the three months to June 30, silver production totalled 14.5 million ounces, a 12% rise from last year, while gold output was 223,000 ounces, up 2.7% from a year earlier.

Why IAMGOLD could be the next gold major: CEO Steve Letwin interview

CEO Stephen Letwin says IAMGOLD – one of the best-performing gold stocks so far in 2017 - is gunning to be a gold major.

Cuba seeks to revive mining sector with new lead and zinc mine

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.

Glencore bets on copper with $21M investment in Brazilian producer

Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA).

BHP $2.5bn expansion of Spence copper mine in Chile approved

Company will make a decision on the plan in August.

Peru hit by nationwide mining strike; govt says situation ‘under control’

The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".

Clean energy transition to increase demand for minerals — World Bank

Big winners will be aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium.

Rio Tinto axes iron ore export forecast for the year

It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.

Leagold Q2 production news

Leagold Mining Corporation announces Q2 2017 gold production at the Los Filos Mine of 46,098 oz, which includes 43,980 oz from April 8, 2017 to June 30, 2017.

Chile's Codelco to post earnings above $1 bln this year – CEO

Codelco, which sends all its profits to state coffers, posted a larger profit in the first quarter of 2017 than in all of 2016 as a result of a strict policy of containing costs and a modest recovery in global prices for the red metal.

Copper production to take a quantum leap in this mining nation

Groups estimate that a full 18 new copper projects are set to start production across Peru by 2021.

Rio Tinto in search of the next Escondida mine in Chile

The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude.

Workers vote to strike at Antofagasta, Barrick mine in Chile

Zaldívar produced more than 100,000 tonnes of copper last year.

Uranium Energy acquires Paraguay-based titanium project

The Alto Pará property covers an area of 70,498 ha of land and is located near Itaupu, the second largest hydro-electric dam in the world.

Eldorado finishes Integra Gold acquisition, expands operations in Canada

Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years.

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.

Tahoe Resources forced to halt Escobal mine in Guatemala

The Canadian miner said it will take “all legal steps possible” after the country’s Supreme Court suspended the mining licence for its flagship Escobal silver mine.

Top 50 mining companies reshuffle as Chinese, lithium firms climb rankings

Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.

Goldcorp makes headway with plan to give Dome mine a new life

The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.

Antofagasta faces strike threats at two of its copper mines in Chile

Workers at Zaldivar are set to vote on a strike this week, while supervisors at Centinela mine have already decided it, but expect a government mediation mechanism to extend negotiations for at least five more days.

BHP injects $250 million into Samarco for clean-up

It also said that a Brazilian court had granted it and its partner Vale a four-month extension to negotiate a settlement to a $47 billion claim stemming from the 2015 mine disaster.

Output at world’s largest copper mine sank by 63% in Q1

Escondida, majority owned and operated by BHP, produced 97,103 tonnes of copper between January and March, down from 265,597 tonnes a year earlier.

Mandalay Resources declares force majeure at flooded Chilean mine

The firms said it's also initiating consultations with its unions about the potential impacts on employees during this period of suspended production.