The founder of McEwen Mining and Goldcorp believes prices for the precious metal will reach $5,000 an ounce in a matter of years.
Latin America Mining News
Chile’s Codelco sets up lithium subsidiary
The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.
Golden Arrow and Silver Standard join forces in Argentina
Stars aligned for Golden Arrow when Chinchillas was ready to move to production and the company only had to look 18 miles down the road to Silver Standard's Pirquitas mine and its established production facility.
Copper production jumped by a million tonnes last year
But market was in small deficit according to study.
Mexican mines recording major gains in equipment reliability and reduced fuel usage
At an accelerating rate, Mexican mines are taking advantage of advanced simulation technology along with skilled people and proven process, from Immersive Technologies, to optimize their equipment operator workforce.
Brazil suspends Belo Sun's gold mine licence, stock collapses
The company's Volta Grande project is posed to become the country's largest gold mine.
Iron ore market keeps getting uglier — prices at lowest since November
The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.
Emu NL confirms gold and silver potential at its Vidalita project in Chile
Australian explorer, Emu NL, provides the following update on its drilling program on the Company’s Vidalita project in northern Chile.
Water scarcity, pollution to take shine off Latin American mining sector
In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.
Gran Colombia Gold goes after the South American nation in $700 million lawsuit
The lawsuit is against the government's order to Gran Colombia Gold to halt its Marmato project until it has further consulted with local residents.
Leagold Mining: Woodyer and Giustra are building Endeavour Mining 2.0
Sometimes it happens that an asset can benefit from a new set of eyes looking at it from a different perspective.
The 20 largest stock exchanges in the world
With 2,400 listed companies and a market cap of $20 trillion, the NYSE is the biggest exchange in the world. But how do other exchanges compare?
Iron ore prices keep falling despite a decrease in China’s inventories
After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
Bacanora Minerals soars on deal to supply lithium to Japan’s Hanwa
Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.
U3O8 Corp. stakes the old La Niquelina uranium-cobalt-nickel mine
Mineralization was discovered at La Niquelina in 1944, with modest production from a small underground mine in the early 1950's.
Iron ore miners shares drop as prices collapse
Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.
INFOGRAPHIC: Animation – The world's population in 2100 by region
The following animated chart is based on data and projections from the U.N. Population Division, and it shows the evolving population share by region between 1950 and 2100.
Barrick confirms selling half of Veladero to Shandong Gold for $960 million
Deal will also see the two firms looking at jointly developing the nearby Pascua-Lama gold, silver and copper project and evaluating additional investment opportunities in the area.
‘Conflict minerals’ entering tech supply chains from countries beyond Africa — report
Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.
Chinese buying 50% of Barrick Veladero, Pascua Lama-report
Veladero could fetch more than $1 billion despite operational setbacks.
Escondida strike less damaging to Chile’s copper output than thought — report
Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.
INTERACTIVE MAP: World's top 10 gold deposits
Together these giant orebodies contain reserves worth $796 billion at today's gold price.
Newmont Mining reshuffles management in Australia
Newmont Mining Corporation has appointed experienced miner Alex Bates to lead the company’s business in Australia.
Beyond the Mine: Newmont publishes 2016 Sustainability Report
Newmont Mining Corporation today published Beyond the Mine, the Company’s annual report on its progress toward achieving its purpose – to create value and improve lives through sustainable and responsible mining.
