xstrata copper Mining News

Hundreds in Peru oppose relocating from century-old mining village

They refuse to move to a new town built by China’s own Chinalco.

Xstrata increases copper and silver reserves at Argentina's El Pachon project

Xstrata Copper announced Wednesday a significant increase to the mineral resource estimate at El Pachón copper and silver project in San Juan Province, Argentina.

Chile and Peru join forces to bring back foreign mining investment

They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.

Anti-mining protests take a toll on Peru’s foreign investment

Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.

Xstrata kicks off production at Mount Margaret mine‎

London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.

Argentine glaciers scupper Osisko’s Famatina project

An Argentine court ruled Wednesday in favour of suspending Famatina, a gold exploration project led by Canadian company Osisko (TSX:OSK), until a new ruling outlawing mining near glaciers is applied in the area.

Argentina’s glaciers law won’t affect Pascua Lama: Barrick

Barrick Gold, the world's largest gold company, said a new ruling outlawing mining near glaciers in Argentina will not interfere with its Pascua-Lama mine, one of the world’s largest new projects targeting the precious metal.

Glaciers stop progress of Barrick Gold’s mining plans in Argentina

The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.

Will glaciers be for mining in Argentina what an iceberg was for the Titanic?

An Argentinean government body that is mapping glaciers in the Central Andes has released initial results of its national glacier inventory, showing that many of the country’s mining projects sit in glacier-rich areas and may, therefore, be a threat to country’s future water supply, among other possible ill effects.

Xstrata Copper buys mining equipment from Siemens

Reuters reports that German engineering group Siemens (SIEGn.DE: Quote, Profile, Research) said on Tuesday it has a contract worth 30 million euros ($47.51 million) from Xstrata Copper (XTA.L: Quote, Profile, Research) to supply mining equipment […]