Oil and mining sector continue to grow in Peru
The mining sector showed an interannual growth of 0.16 per cent in May.
Latest Stories
Noront Resources seeks exploration partner
Noront CEO said the move is necessary as the company continues to lead exploration in Ontario’s massive Ring of Fire.
Tenaris laying off Canada workers as Trump’s steel tariffs bite
Teneris will lay off 40 workers at its TenarisAlgomaTubes plant in Ontario and adjust output there because of the U.S. tariffs on steel and aluminum imports.
Sienna looks for cobalt in Sweden
The Vancouver-based miner wants to identify new drilling targets at its Slättberg project.
Richest man in Mexico partners with Goldcorp
Minera Frisco and Goldcorp’s subsidiary Minera Peñasquito are joining forces in Zacatecas.
Mongolian parliament OKs plan to sell 30% of Tavan Tolgoi Mine
Mongolian lawmakers approved a plan to sell up to 30% of the troubled Tavan Tolgoi coal mine in the Gobi desert.
A self-exiled ex-fugitive is making Mexican billionaires nervous
Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico.
Lucapa digs up another large diamond, this time in Lesotho
Australia’s Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.
Chile injects $1bn into state-owned copper giant Codelco
The figure, though significant, is minor when taken in the context of Codelco’s $18 billion investment plan aimed at upgrading its aging mines and dealing with dwindling ore grades.
