Most mining companies and financiers active in Mexico, Central and South America continue to explore, develop and operate projects despite current market conditions.
A recent decision by Peru’s government to require mining companies to carry out prior consultation with indigenous communities is set to further complicate the investment climate.
The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.
The Vancouver-based streaming company says the deal immediately adds expected average silver production of 5.1 million ounces per year.
The former president says lack of immediate benefits for communities has driven mining opposition causing the country to lose billions worth of gold and copper projects.
The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.
Six people have been killed in anti-mining protests so far this year, including three at last week's clash between police and locals near Las Bambas copper mine.
Copper price up nearly 5% as Collahuasi cuts and deadly Las Bambas protests highlight risk to global mine supply.
State of emergency declared at Las Bambas.
The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.
Latin America-focused precious metals miner extended a social contract with locals until 2018.
Around 100 locals invaded the site over the weekend, occupying a number of installations, and forcing the company to suspend all operations.
The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.
New study shows mines throughout Latin America are dissatisfied with their Original Equipment Manufacturers (OEMs) over cost-related factors, in particular maintenance and servicing costs.
The action has triggered severe criticism, with many are accusing authorities of an excessive use of public force.
New data by International Copper Study Group predicts copper mine output will grow 5.7 million tonnes by 2018 as Peru, Zambia and Mexico ramp up production.
The miner is is acquiring a 100% interest in the Pinaya copper-gold project from AM Gold (TSXV: AMG) for $4.5 million to diversify its portfolio.
Mining conflicts are intensifying across Latin America, with 218 mining projects embroiled in conflicts with 312 communities—including six conflicts spanning national borders—from Mexico to Argentina.
Montan was specifically created to be in Peru because our management team has a track record of success, experience and roots there.
Together these giant gold operations produce more than 10 million ounces per year.
Total for this year may be $7.7 billion, down from 2014's $8.7 billion and significantly lower than a record $10 billion in 2013.
Chinese-owned Peruvian mine inks 15-year transport deal moving 400,000 tonnes per year from January 1 2016 making it the planet's third largest copper mine.
The company could extend a 60-day pause in effect since late May to allow locals more time to clear up their doubts about the project’s environmental impact.
Mali, Papa New Guinea, Burkina Faso, Guinea, Tanzania, DRC and Mongolia among countries where gold mining contributed the most to their locals economies, says the World Gold Council.
The move suspends civil liberties, allowing police and troops to enforce curfews in an effort to end two months of fresh violence in Arequipa.
Mining engineer Jamie Keech travels to Peru to learn about the toll milling business model that a lot of juniors are embracing.
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