Peru Mining News

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.

Global gold output to remain weak despite price recovery

BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.

Chile's cheerless outlook for copper price

Top global producer sees surplus this year and next as mines pump out more metal and predicts decline in copper price from today's levels through 2017.

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

Looming zinc supply shortage good news for producers and explorers: Stefan Ioannou

The outlook for zinc appears bullish, says Stefan Ioannou of Haywood Securities, spearheaded by mine closures, dwindling production and the dearth of replacement projects.

Community opposition forces Newmont to abandon Conga project in Peru

The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).

Top 10 copper producing countries

Peru's output surges, North American producers slip down the rankings and Chinese mines shut down.

Workers at Freeport’s copper mine in Peru to down tools

About $22 billion worth of projects have been cancelled or delayed in Peru in recent years due mainly to anti-mining protests.

China's coming for your copper project

Faced with declining domestic production, China's top copper company says the "only solution is going overseas".

Sex trafficking 'staggering' in illegal Latin American gold mines-researchers

Thousands of people working there are prey to labour exploitation by organised crime groups, a think-tank said on Wednesday.