South America Mining News

How China is locking up critical resources in the US’s own backyard

China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.

Yamana Gold provides preliminary 2017 operational results and an update on construction activities at Cerro Moro

There was strong production momentum, which continued into the fourth quarter and for the full year 2017

Lundin Gold to start building Ecuador's largest underground mine

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

Equinox Gold to start full-scale construction at Brazilian mine

The Canadian miner wants to increase production to 135,000 ounces of gold per year.

Mining investments in Peru grew by 54.8% in November

Investments grew by 54.8% compared to the same month of 2016.

Chile and Argentina to lead lithium output growth after 2018

The bulk of new capacity would come online in 2019.

Union at Chile Lomas Bayas mine far from deal with Glencore

Unionized workers at Glencore's Lomas Bayas copper mine rejected a final contract offer and began government-facilitated mediation Thursday to avoid strike.

The 5 largest gold nuggets that still exist

From a nugget containing 1682 troy ounces of gold to one shaped like a massive pair of hands- here is a list of five of the biggest existing nuggets.

U.S. court rules against miner Crystallex in Venezuela dispute

Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has refused to pay.

Vale is said to be negotiating BHP exit from Samarco venture

Vale and BHP Billiton in talks over future of their Samarco iron-ore joint venture, including the possibility of the Brazilian miner taking full ownership.

Vale to get $1.35 billion less for fertilizer business

The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.

Patagonia Gold to pay $15 million for gold/silver project in Argentina

Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.

Public uproar in Colombia over waterfall polluted by illegal miners

A citizen’s video showing the extent of the contamination went viral.

BHP to fund $181m for more Samarco dam cleanup

BHP has agreed to fund a total of up to $181 m in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 30 June 2018.

Trek Mining merges, now trades as Equinox Gold

The new company based in Vancouver will focus on finishing construction of the Aurizona Gold Mine in Brazil.

Brazilian miner Vale says entering new era of big dividends

"Now is the era of the Vale dividends. Vale will become a big payer of dividends if everything goes well," CEO Fabio Schvartsman said on Friday.

Barrick and Shandong join forces at Minera Andina del Sol

A new joint venture has been born.

Millennial expands lithium operations in Argentina

New acquisition would increase the Canadian company's holdings in Salta to 8,664 hectares.

Chile's Antofagasta reaches wage agreement at Centinela mine

Chilean miner Antofagasta Plc said on Wednesday it had reached a new wage agreement with unionized workers at its Centinela mine.

Peru $2 bn copper mine auction rescheduled for February

Auction for $2 billion Michiquillay copper mine project in Peru was canceled by government of President Pedro Pablo Kuczynski but is now slated for February.

Mining wins as Chile and South Africa back pro-business leaders

The political shifts are good news for the likes of BHP Billiton Ltd., Rio Tinto Group, Glencore Plc and Anglo American Plc.

Threat of strikes looms large for copper supply in 2018: Andy Home

Strikes and slashed funds at South American copper operations could be an early sign of what is likely to be a defining feature of the market next year.

Columbus-Nordgold project in French Guiana to move ahead

Before any heavy equipment touches the ground, Columbus and Nordgold have to go through a public consultation and receive required permits.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

This map shows the top immigrant population in each country

If the world’s migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?