Majority owner KGHM International also said it is sticking to its commitment to invest US$9 billion over the next five years.
The country wants investors back and has vowed to reduce the time it takes to process permits to less than two months.
The move is a bet to become the company's main supplier and expand PotashCorp's presence in Latin America.
The world’s No. 1 iron ore producer by volume posted a second consecutive quarterly loss.
A raging seven-year drought affecting copper-rich Chile is making miners grow anxious, with BHP and Anglo American already reporting an impact in their operations.
Anglo’s assets up for grabs include three mines and a smelter valued at $1 billion.
The firm expects production at Ferrobamba, one of the four deposits that make up Las Bambas project, to start early next year.
The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.
The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
With Duluht’s acquisition, Antofagasta takes control of the Twin Metals project, located in north-eastern Minnesota, which is set to become its first operation outside Chile.
The move will see the miner taking control of the Borden Gold project in northern Ontario.
Artisanal and illegal gold mining is fast extending its destructive reach into some of the world’s most untouched landscapes.
The measure would only be imposed to miners that consume more than 150 liters (40 gallons) of water per second.
Pre-tax profit for the year was a bit over US$3 billion, a decline of $760 million when compared to 2013.
In the meantime, the miner will receive silver produced at three other Barrick operations in South America.
The court refused to consider the appeal on procedural grounds. Chile's environmental regulator will now have to re-evaluate the administrative fines for over $16 million it imposed on the project.
The discovery — located approximately 95 km northwest of Cusco— contains both light rare earth elements (LREEs) and heavy rare earth elements and metals (HREEs).
The move aims to expedite the processing and sanction of pollution cases.
Eduardo Braga (54) takes over a ministry dealing with an alleged kickback and bribery scheme at state-run oil company Petrobras.
The new law could seek to limit mining companies' ability to replace workers during strikes.
Steinmetz and three BSGR directors argued that Global Witness had obtained personal information about them without authorization and wanted it to be forced to reveal what specific data it held.
The touted expansion of the world's largest underground copper mine is two to three years behind schedule and will require $2 billion more than initially planned, said the company.
The court said Vale had failed to convince him to dismiss the case in which it is accused of conspiring to steal Rio's rights for part of iron ore reserve potentially worth billions.
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