South America Mining News

Toronto miner Amarillo allowed to stay in Brazil

The company received approval for a three-year extension of its mining concessions for the Posse gold deposit.

Newcrest expands footprint in Chile with two gold deals

The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources’ Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.

Rio Tinto's partner in Aussie copper project reports 'weak mineralization'

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Miners operating in Colombia accused of forcing people off their land

According to Forjando Futuros foundation, the forced displacement was ordered by the companies but executed by either the National Army or the guerrilla.

Altamira expands land position in Brazil

The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.

Brazil launches new mining agency days before Temer steps down

Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.

Miramont gets green light to start drilling at Peruvian project

The Vancouver-based miner anticipates drilling to begin early in the New Year.

Codelco strikes contract deal with workers at Ministro Hales mine

The 36-month contract was approved by 53% of the union.

Peru’s gold, silver, copper output falls

On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.

Navy admiral named Brazil’s Minister of Mines and Energy

Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.

Moody’s sees weak lithium prices in 2020 due to projects frenzy

Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.

Aurania discovers high grade silver-zinc-lead at Ecuador gold project

By market close on Friday, Aurania Resources' stock was up 6%. 

Chile to lease inactive licenses held by top miners to juniors

Move allows major companies to lease to juniors all or part of assets they are not actively developing.

Strike briefly shuts down operations at BHP’s Spence mine in Chile

Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.

Anglo American to increase copper production in Chile

The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.

Edmonton miner optimistic about Peruvian copper-gold project

The Chapitos project is located in the Peruvian Iron Oxide Copper Gold belt.

Altiplano gets creative amid low copper prices

Lower-grade shoulders are being left on the walls and only the higher-grade portions are being extracted.

Vale told to pay $26.8m in damages to indigenous tribes

The company's Onça Puma nickel mines blamed for contaminating the Catete river, which prosecutors said had a "severe" impact on the Xikrin and Kayapo tribes.

Yamana will continue to invest in Argentina: exec

Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.

Zinc One receives positive results from Peruvian project

Results are from the Bongará Zinc Mine located in north-central Peru.

Antofagasta approves $1.3B expansion of Los Pelambres mine

The company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation.

Xiana pays Glencore $25 million for Chilean operation

The Vancouver-based miner acquired Altos De Punitaqui, a producing copper-gold operating company.

Worker strike forces IAMGOLD to suspend operations at Suriname mine

The miner said the strike is a breach of the Collective Labour Agreement.

Brazil dismantles illegal mines in the Amazon

The unregulated operations were installed in Jamanxim and Río Novo National Parks.