March 12, 2012 Peru mining investments reached US$7.2 billion in 2011, 77% more than in 2010 Mining companies in Peru invested US$7.2 billion in 2011, 77% more than in 2010, Mines and Energy Ministry (MEM) reports.
March 12, 2012 Freeport McMoRan resumes work at Grasberg gold/copper mine The company resumed work at its massive Grasberg mine as expected on Monday for the first time since a suspension on Feb 23.
March 11, 2012 Indonesia’s Rule No. 24 likely to embolden other nations to grab more from mining Indonesia surprised the global mining community last week after a new rule – Government Regulation No. 24 of 2012 – was quietly announced on the mining ministry's website. A growing…
March 11, 2012 Chile court suspends approval of Goldcorp’s $3.9 billion El Morro project Chile newspaper La Tercera is reporting that an appeals court has suspended environmental authorization for Goldcorp's El Morro project over objections by local communities. Construction of the mine was due…
March 11, 2012 The scramble for Africa’s copper: Never mind the Chinese, Ivanhoe’s Friedland says he has the prize asset Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that…
March 9, 2012 South Africa’s standalone state mining company a step closer, already hunting for deals South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions…
March 9, 2012 Over 18% of Canada’s job losses in February were in the mining industry Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector.
March 8, 2012 Ivanhoe Australia turns into nice little earner earlier than scheduled, still on the chopping block Ivanhoe announced on Thursday its Australian project is producing copper and gold ahead of schedule. Last week the company said Ivanhoe Australia is on the chopping block as its mega-mine…
March 8, 2012 Antofagasta Minerals CEO quits a week before 2011 results In an surprising move, London-listed, Chilean copper producer Antofagasta PLC (LON:ANTO) announced that the chief executive of its copper division, Marcelo Awad, had agreed to quit.
March 8, 2012 Mexico leads Latin America’s exploration expenditures Mexico’s exploration expenditures are the highest in Latin America, reaching a record high of almost US$1 billion in 2011, says the latest report released by the Metals Economics Group’s (MEG),…
Chinese copper smelter, Antofagasta agree to record low fees Tough negotiations reflected a market facing abundant refining capacity but tight global ore supplies. December 22, 2025 | 12:20 pm