South America
Copper at 8-month low on disappointing China exports
Shanghai copper, in turn, went down beyond its 5% daily limit on Monday, hitting its lowest in more than four years.
Chile’s new mining minister to take the industry by surprise… or not
Aurora Williams, Chile’s new mining minister, takes office on Tuesday.
Canadian silver producer denounces harassment, violence from illegal miners in Mexico
Great Panther Silver reported a death in recent clash between illegal miners and guards.
Mexican police seize 119,000 tonnes of iron ore mined by drug lords
In massive raid at one of the country’s main ports.
Glencore Xstrata logs $7.4bn net loss, eyes oil deal with Russia
Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion
Chilean court revokes Barrick’s Pascua-Lama $16-million fine, but orders new ones
Far from being good news, the resolution orders Chile's environmental watchdog to charge Barrick for each and every of the 22 violations found in the project, instead of grouping them into five categories as it did the first time.
Alberta most attractive mining destination in Canada, third worldwide
Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.
Cornerstone shares catapulted after sensational Ecuador drill
Newfoundland & Labrador-based junior strikes 324m grading 1.07% copper and 1.16 g/t gold, including 50m at 1.80% copper and 2.26 g/t gold at Cascabel project .
Valemax China logistics 'settled' with Malaysia hub, floating stations
Number one iron ore producer, Vale says first of its giant carriers will dock at its new Malaysian transshipment hub next month.
France targets Africa with new $550m state mining company
France resurrects its 17th century economic policy, sets up state miner to explore for rare earths and gold focusing on francophone Africa and South America.
China extends ban on Vale's giant ore carriers
Another blow to number one iron ore producer Vale's strategy to change dynamics of 1.2 billion tonne seaborne trade.
Codelco’s challenges escalate as workers reject contract offer
The copper giant is having a rough start of the year with sinking copper prices, lack of cash and escalating costs.
Anglo American profit hit by strikes, logs $1.9 billion writedown
"We are not happy," said CEO Mark Cutifani.
Barrick takes massive US$2.8 billion charge on mines, lowers gold reserves
Net loss for the entire year climbed up to a monster $10.37 billion.
Colombia’s coal output down 4% in 2013 due to strikes, rebel attacks
Coal shipments now account for 12% of the country's total exports, second to oil, and on top of the nation’s better known exports, such as coffee and bananas.
Peru’s copper sector the one with highest growth potential in the world—Chilean expert
Peruvian copper projects are solid, competitive and less costly in terms of energy needs, says the expert.
Canadian, Aussie juniors lead mining exploration in Chile
While the junior sector keeps attracting foreign investment, about $40 billion large-scale projects have been put on ice or postponed, study reveals.
Mining opposition risks $57bn projected investment in Peru
Last year alone there were 149 conflicts involving mines in the country.
Chile’s official commission suggests letting Barrick keep permit for Pascua Lama
But it also recommends an exhaustive review of the permit issued in 2006, as well as the miner’s glacier monitoring plan.
Uruguayan President says Zamin’s massive iron ore mine will go ahead
Recently approved law allows large-scale mining, but locals oppose the project and demand plebiscite to settle the issue.
More than $7 billion in mining investments stalled in Colombia
Sector blames delays in environmental approvals and decreased demand of commodities from overseas.
Giant copper miner Codelco needs at least $1bn, hopes for new President to hand it over—report
The company needs a cash injection to counter declining ore grades at its aging mines, as well as increasing costs vs low copper prices.
Canada, Australia, the US topped list of countries with most significant drill results in 2013
More than 55% of last year's exploration projects were located in these countries.
Newmont’s Conga opponents vandalize mine site, kidnap worker
Contract security guard was freed early Friday.
BHP, Glencore, Anglo to boost Chile’s copper output to a record 6 million tonnes this year
It’d be the first time Chile’s copper output exceeds the 6 million tonnes.
Movie about 33 Chilean miners rescued alive goes ahead amid alleged dispute over rights
Film company is in Chile to recruit about 1,000 background actors and extras needed to replicate Camp Hope in the Atacama Desert.
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