South America

Mining may cause extinction of most Colombian indigenous peoples: UN

Cecilia Jamasmie | April 22, 2014
Mining may cause extinction of most Colombian indigenous peoples: UN

The UN warns there are 40 indigenous groups are at risk of disappearing in the country.

Peru set to regain world’s second largest copper producer place this year

Cecilia Jamasmie | April 20, 2014
Peru set to regain world’s second largest copper producer place this year

The South American nation lost the title to China in 2012.

Guinea government to strip Vale, BSGR of all Simandou rights

Cecilia Jamasmie | April 17, 2014
Guinea government to strip Vale, BSGR of all Simandou rights

The West African nation is ready to withdraw the mining permits held by VBG, a company run by BSGR and Vale.

Chile’s main iron-ore producer to invest $650 million this year

Cecilia Jamasmie | April 16, 2014
Chile’s main iron-ore producer to invest $650 million this year

The biggest chunk of the investment will be allocated to CAP's Cerro Negro Norte operation in the country's north.

Brazil’s iron miners risk losing market share to Australian competitors

Cecilia Jamasmie | April 16, 2014
Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

Cecilia Jamasmie

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Cecilia Jamasmie | April 16, 2014
Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

Brazil’s Vale gets $2.8bn for iron ore expansions

Cecilia Jamasmie | April 15, 2014
Brazil’s Vale gets $2.8bn for iron ore expansions

Loan will help the miner improve its railway network and build a new mining and processing unit in Para state

Fortuna Silver jumps after breaking production records

Frik Els | April 14, 2014
Fortuna Silver jumps after breaking production records

The Vancouver-based miner's shares surge after its silver and gold properties in Mexico and Peru up production more than 50%.

Codelco could tap sovereign wealth fund for needed mine expansions

Cecilia Jamasmie | April 14, 2014
Codelco could tap sovereign wealth fund for needed mine expansions

The world's No.1 copper producer needs to invest roughly $30 billion in the next decade to counter dwindling ore grades in its massive mines.

Anglo American seeks $600 million compensation from Venezuela

Cecilia Jamasmie | April 14, 2014
Anglo American seeks $600 million compensation from Venezuela

The miner became the latest corporation to sue the nation over the way it has treated foreign companies during Hugo Chavez administration.

Brazil Batista engaged in insider trading: report

Cecilia Jamasmie | April 11, 2014
Brazil Batista engaged in insider trading: report

The country's securities regulator, known as CVM, has found Batista waited 10 months to disclose that four oil fields were not commercially viable.

Bolivia to revise new mining law

Cecilia Jamasmie | April 11, 2014
Bolivia to revise new mining law

Bolivian President Evo Morales and leaders of the National Federation of Mining Cooperatives have formed a commission to quickly redraft at least three controversial articles of the recently-approved ruling.

Largo provides operational update

CNW Group | April 10, 2014

Construction of the Maracas Vanadium Project is now 99.8% complete, with only the installation of auxiliary items still underway.

Codelco workers suspected of stealing over $80m in copper

Cecilia Jamasmie | April 10, 2014
Codelco sues employees suspected of stealing over $80 million in copper

The criminal activity involved contractors and it had been going on since 2011.

Poll: 74% of Chileans want mining companies to pay higher taxes

Cecilia Jamasmie | April 9, 2014
Poll: 74% of Chileans want mining companies to pay higher taxes

They believe those funds should be allocated to the regions where mining operations are based.

Codelco unveils new copper deposits holding over 1,800 million tonnes

Cecilia Jamasmie | April 8, 2014
Codelco could tap sovereign wealth fund for needed mine expansions

The world’s No.1 copper producer said the recently found deposits are all located nearby current operations.

Chile mulls new investment incentives for miners

Cecilia Jamasmie | April 4, 2014
Chile mulls new investment incentives for miners

Amid mounting criticism on the a proposed reform to the country’s foreign-investment law that removes a mining-friendly clause.

Ebola outbreak in Guinea forces miners to lock down operations

Cecilia Jamasmie | April 3, 2014
Ebola outbreak in Guinea forces miners to lock down operations

Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.

Chile’s mining area hit by 7.8 magnitude aftershock, President evacuated

Cecilia Jamasmie | April 3, 2014
Chile’s mining area hit by 7.8 magnitude aftershock, President evacuated

The aftershock was the strongest of several that have followed Tuesday's massive 8.2-magnitude. Mining operations remain unaffected.

8.2 earthquake rattles Chile’s mining hub, ports

Cecilia Jamasmie | April 2, 2014
8-2-earthquake-rattled-chiles-mining-hub-ports

World prices for copper jumped as the quake in the world's No.1 producer raised supply concerns.

Drummond to restart coal exports from Colombia

Cecilia Jamasmie | March 31, 2014
Drummond to restart coal exports from Colombia

Local media is reporting the miner is hours away from resuming its coal shipments at its Cienaga port.

Chinalco forced to halt Peru’s copper project over ongoing pollution

Cecilia Jamasmie | March 31, 2014
Chinalco forced to halt Peru’s copper project over ongoing pollution

The ruling was sparked by inspections carried out from March 16 to March 20 that detected contaminants in adjacent lakes.

World’s No.1 copper miner output fell to 5-year low in 2013

Cecilia Jamasmie | March 28, 2014
World’s No.1 copper miner output fell to 5-year low in 2013

Due to declining ore grades and lower metal prices.

Thousands of Peruvians protest against tougher illegal mining rules

Cecilia Jamasmie | March 26, 2014
Thousands of Peruvians protest against tougher illegal mining rules

They want the government to ease a regulation that forces more than 70,000 miners to register their mining activities by April 19 or otherwise face sanctions, including jail.

Miners protest at Anglo’s Los Bronces mine in Chile

Cecilia Jamasmie | March 24, 2014
Miners protest at Anglo’s Los Bronces mine in Chile

Company said operations remain unaffected.

Dr. Copper can’t find a cure for ongoing Chinese flu

Cecilia Jamasmie | March 19, 2014
Copper price rally comes abrupt end

Futures for May delivery fell on New York to a session low of $2.931 a pound, the weakest level since March 17.

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