Peru Mining News

China to invest $1.3bn expanding Toromocho, its largest overseas copper project

Preliminary deal is part of a series of agreements signed this week that will see China pouring close to $5.3 billion into Peru’s mining and energy sector.

BCGold in a sweet spot in Peru

Bob Moriarty of 321 Gold highlights BCGold, a company that he believes its promising land package in Peru makes it a good buy in this market.

Teck Resources to buy Toronto’s AQM for $25 million

Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project

Anti-mining groups force Hudbay to keep Peruvian operation suspended

Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.

The world's hardest working gold mines

Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.

Shares of Canadian zinc producer Trevali are soaring and here’s why

Trevali Mining jumped more than 4% Monday after it announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.

Protest ends at MMG’s Las Bambas copper mine in Peru, exports to resume

The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.

Las Bambas protests could halt copper production

Copper bulls might be tempted to place buy orders after a protest at a Peruvian mine turned ugly about 10 days ago.

Peruvian farmer who died in protest against MMG’s Las Bambas mine was shot to death — Gov’t

He is the first person to die in clashes over mining under new President Pedro Pablo Kuczynski.

Newmont responds to independent report on land dispute in Peru

The complex land dispute between members of the Chaupe family and Yanacocha remains a concern for Newmont, the company said.

Trevali continues to ride zinc wave

Extended mineralization and new zone discovered at its Santander mine in Peru.

Peru, Brazil to emerge as Latin America’s new mining gems

Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.

Hudbay positioning itself for the next up cycle

With its Costancia mine now in full production, in Peru, Hudbay Minerals' COO talks about what's next.

Peru’s copper output continues to grow

It jumped 30% in July when compared to the same month last year.

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Too much copper drops price to six-week low

Few disruptions could dump additional 230,000 tonnes onto already oversupplied market this year.

Here’s why silver is crushing gold — Pan American Silver CEO

Silver is up 40% to date, while gold has only gained about 28%.

Tahoe Resources soars on Q2 earnings

Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.

Peru losing its battle against illegal gold mining

A force of marines and rangers sent in the past days to raid the Tambopata reserve, in the country’s southern Amazon, has already been outnumbered.

Shares of Vancouver zinc producer blows up

Trevali stock is up 44% in two weeks as Canadian mine enters commercial production and record output at flagship Peru operation is topped by high-grade find.

Latin America the world’s most dangerous place for environmental activists

More environmentalists were murdered in Latin America in 2015 than anywhere else in the world, with anti-mining causes claiming the most lives, a report by Global Witness shows.

BHP hikes exploration spending, to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.

Here are the world’s top 10 gold producing mines

This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.

Peru's illegal gold miners back Fujimori's vow to end crackdown

Fujimori says she will repeal laws aimed at protecting the environment that ban the use of dredges and heavy machinery by miners in rivers and wetlands.

State of emergency in Peru over mercury poisoning from illegal gold mining

The 60-day decree affects 11 districts in the Madre de Dios region, where several studies have found high levels of the toxic element in people, rivers and fish.