December 24, 2012

Antofagasta’s cancellation brings value of shelved projects in Chile to $17bn

World's number one copper producer is not ramping up production as expected.

December 24, 2012

Copper production increased by 14.9% YoY in Peru in October 2012

According to a report by the National Statistics Institute in Peru.

December 24, 2012

Antofagasta: Suspension of Antucoya copper project will not impact other projects

Antofagasta's CEO Diego Hernandez has confirmed that the suspension of the Antucoya copper project in Chile will not impact other projects.

December 24, 2012

The greatest mining flameouts of 2012

The notable flops, failures and flameouts of the year.

December 23, 2012

Mining costs soar as productivity languishes, superfluous staff proliferate

Excess sub-contractors and outdated construction techniques lead to cost blowouts and project delays

December 22, 2012

BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to…

December 22, 2012

Escondida mine to produce 1.3 million tons of copper in 2015

BHP Billiton is currently working on the expansion of the Escondida mine, located in Chile.

December 22, 2012

Local government of Chubut refuses to approve legal framework for large mining projects

Minera Argenta, a subsidiary of Pan American Silver, has announced it will not carry out the silver and lead project "Navidad", located between the communities of Gan Gan and Gastre…

December 21, 2012

Copper Mountain announces 2013 production guidance

Copper Mountain Mining Corporation (TSX: CUM) is projecting 2013 production of approximately 80 million pounds of copper, 35,000 ounces of gold, and 315,000 ounces of silver.

December 21, 2012

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s…