Peru Mining News

Great Panther is on the prowl for acquisitions

Great Panther Silver's modus operandi is to buy a past-producing mine, get it up and running as quickly as possible, and use the cash flow to fund more acquisitions, says CEO Bob Archer

Glencore sells two Africa zinc mines to Canada’s Trevali

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

Copper supply disruptions push prices up

Disputes at BHP Billiton’s Escondida mine in Chile, the world's biggest copper mine, and Freeport’s Grasberg and Cerro Verde mines, are also having a significant effect on global supplies of concentrate.

Freeport’s Cerro Verde copper mine in Peru hit by strike

The mine produced just under 500,000 tonnes of the red metal last year, making it Peru's largest copper operation.

Copper price falls to 8-week low

Strike at Freeport's giant Peru mine takes offline world's three biggest mines, but worries about demand drops copper after huge jump in warehouse stocks.

Top 10 lowest cost gold mines make money if price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Here's the latest scoop on Barrick's projects

The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.

Copper price drops despite outages at world's biggest mines

Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.

Southern Copper wants to shoot the lights out

World number five producer adding 600,000 annual tonnes in six years.

The world's 10 largest copper mining projects

INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.

Barrick’s gold output fell almost 10 percent in 2016

But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.

Goldcorp sells mines in Mexico, Guatemala for about $470 million

As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.

Southern Copper's $1.2bn Peru mine expansion ready by year-end

The new section of the Toquepala open-pit mine in southern Tacna, Peru, is expected to begin operations in early 2018.

Vancouver junior surges after Goldcorp injection

Auryn Resources will use the C$41 million for 55,000m of exploration drilling across six gold-copper-silver projects in Canada and Peru this year.

Great Panther's savvy Coricancha acquisition provides 'substantial upside'

The deal Great Panther announced last month to acquire Coricancha in Peru from Nyrstar is getting high marks from one analyst.

Newmont facing up to $1.2B impairment charge due to upcoming Yanacocha closure 

As every mining company knows, closing a mine can be costly, especially one the size of Newmont's (NYSE:NEM) Yanacocha in Peru.

MMG’s Las Bambas copper mine forced to file new environmental plan

The move is part of the new government's strategy to rebuild trust on the project following deadly protests that halted exports from the mine in October.

Barrick Gold brings in new director to regain strength in Latin America

The gold producer said the region will play an increasingly important role in its growth strategy.

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.