Latin America Mining News

Iron ore price jumps to 8-week high

Physical markets, not just futures speculation behind the latest rally

Teck Resources grabs Goldcorp’s stake in Mexican project for $50 million

After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.

Brazil's platinum miner Jandaga raises $2.9M in London listing

Jandaga Mines is taking advantage of investors' concerns over buying into South African platinum businesses.

Eldorado Gold risks missing 2017 guidance over issues with Turkish mine

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.

Chile's miners eye expansion, but wait until political uncertainty lifts

Mining companies operating in Chile are examining restarting projects that were put on hold in recent years due to a copper price slump, the mining minister and industry executives said, though final investment decisions will wait until political uncertainty lifts after the November presidential elections.

Brazil's Vale shareholders approve corporate reorganization

Shareholders of Brazil's Vale SA approved a share conversion plan on Tuesday in a move that should boost transparency, give equal votes to all shares and limit government meddling in the world's No. 1 iron ore producer.

Iron ore price soars

China bulls kick iron ore price 6.5% higher.

Search for two workers trapped at Mandalay’s mine in Chile fails

Both authorities and the Canadian miner company have officially ruled out possibility of finding them alive.

Global environmentalist Yolanda Kakabadse to Chair IUCN independent scientific panel on Brazil’s Rio Doce watershed

IUCN former President, globally recognised environmentalist Yolanda Kakabadse, will Chair the new IUCN independent scientific and technical advisory panel on the restoration of the Rio Doce watershed in Brazil, following the 2015 collapse of the Fundão tailings dam at the Samarco iron ore mine.

Canada’s Zonte Metals sues Colombia over gold permit rejection

The junior miner claims the Department of Antioquia's mining authority did not process its exploration application in accordance with the country’s mining code.

Fiscal for two missing miners in Chile expects to learn the truth of what happened in Mandalay’s mine

One of the authorities involved in an investigation into Mandalay's mine accident earlier this month says at this point what matters is to learn the truth of what really happened.

Colombia coal mine explosion kills 13

Thirteen coal miners have died in Colombia after an explosion at an illegal coal mine on Friday.

SolGold up on Ecuador project results, Canada listing

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.

Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter

Chances of finding the missing workers alive are almost nil, they say.

Infographic | How copper riches helped shape Chile's economic story

Today, Chile is the world's top copper producer with 7 of the 14 biggest mines globally. But it wasn't always that way.

After rainforest victory for Brazil’s environmentalists, a mining battle looms

Brazil ministry wants to open border regions to foreign miners. Amazon-basin area about the size of Alaska could be affected.

Goldcorp sells Camino Rojo gold-silver project in Mexico to Orla Mining

The asset, in the state of Zacatecas, is located about 50 kilometers (31 miles) from Goldcorp’s flagship Peñasquito mine.

Miners punished as iron ore price resumes decline

New Citigroup report predicts low $40s by end of the year, early 2018.

Small-cap mining stocks, big-time opportunity

It’s a buyer’s market—if you know what you’re looking for.

Protesters block access to Tahoe’s Escobal silver mine in Guatemala

Protest seems to be about a variety of issues, including claims that mining at Escobal is causing seismic activity in Casillas, located about 20 km from the operation.

Mandalay’s mine fully flooded, trapped workers unlikely to be alive — Chile’s Army

A waterproof camera is expected to reach Monday the area where the miners are believed to have been working and where the shelter is located.

Heavy snowfall disrupts rescue of workers trapped at Mandalay’s mine in Chile

It’s unknown whether the two workers are alive, as authorities have been unable to make contact with them.

SolGold soars after raising more than $41 million via share placing

The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.

Argentina lifts curbs on cyanide use at Barrick's Veladero mine

While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.

Crystallex moves forward in legal dispute with Venezuela

A court in the District of Columbia is allowing Canadian Crystallex the possibility of advancing in a legal dispute against Venezuela