The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
Latin America Mining News
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru.
Barrick Gold’s Chief Innovation Officer, Michelle Ash, will become the new Chair of GMSG in May 2018.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon.
Company said rising potash and phosphate prices boosted net sales.
8,126 grams per meter!
Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.
Output of the steelmaking material reached 366.5 million tonnes last year, boosted by record high productionat Vale's northern system, which composed of its Carajás, Serra Leste and the massive S11D mine.
The current environment in Guatemala is actively harming American companies doing business in the country.
With the acquisition of two hydroelectric plants, the miner expects to eliminate about 70% of future power purchases.
Artisanal and Small-Scale Mining (ASM) has become a major of revenue for millions of people in about 80 countries worldwide, with more than 100 million people currently depending on the activity for their livelihoods. But at what costs?
New gemstones mining and marketing company is stepping up efforts to kick off operations at some of its key assets and help organize what it calls "a highly disorganized and fragmented industry."
The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.
President’s move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.
The attack occurred late on Monday in northern La Guajira province where the open-pit coal mine is located.
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
Andes Iron appealed an August 2017 decision that forbade its copper and iron ore project from going forward.
Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.
Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.
The largest union at Cerrejon has reached an 11th-hour salary and benefits deal with the company, avoiding a strike, the union said on Thursday.
Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert.
$429 million impairment on the stalled project after Chile environment agency ordered final closure.
Chile's economy is poised to improve by mid-year as rebounding copper prices and President-elect Sebastian Pinera's promise of business-friendly policies increase optimism among investors.