May 28, 2014

Barrick putting Pascua Lama back on track

World's top gold miner reaches an initial agreement with Chile’s Diaguita community, the indigenous group that first blocked the $8.5 billion project.

May 27, 2014

Copper near 12-week high on hopes of Chinese stimulus

Prices are up nearly 5% so far this month, heading for a second straight monthly gain.

May 27, 2014

Vale’s New Caledonia nickel plant under siege, up to $30m in damage

Angry rioters attacked the nickel facility, which has been closed since early May after an estimated 100,000 litres of acid-tainted effluent polluted a nearby creek.

May 27, 2014

Barrick Gold Class Action – Robertson Stromberg LLP Files Statement of Claim Against Barrick Gold and Other Defendants

The detailed claim alleges there were misrepresentations in Barrick's public disclosure relating to Barrick's development of the Pascua-Lama mine located on the border between Chile and Argentina.

May 25, 2014

Tesla’s Gigafactory: Needs 6 new graphite mines, but where will cobalt be sourced?

The electric motor company's plans to double the globe's battery output will up graphite demand 152%, but sourcing cobalt outside the Congo could prove difficult.

May 23, 2014

Mexico’s government to fund rare earth exploration

The country sees a growing opportunity for other players beside China.

May 22, 2014

Pan American Silver expects Argentina open pit ban to be lifted this year

"We're seeing some positive developments in Argentina relative to attracting foreign investment."

May 22, 2014

Canadian firms sue Barrick over divisive Pascua-Lama project

The lawsuit alleges Barrick knew or should have known that it would have to overcome significant obstacles with its $8.5bn Pascua-Lamas gold-silver project.

May 22, 2014

Gold miners consolidate in South America

On May 21, 2014 Rio Alto Mining (RIOM-NYSE) announced that it would buy Sulliden Gold (SUE-TSX.V) in a deal valued at $300-million, creating a Peru-focussed gold miner.

May 22, 2014

Komatsu, Finning CAT and FLSmidth are Chile’s top mining suppliers

In its third annual edition, the ranking of best mining suppliers in Chile also reveals that 62% of respondents believe they can find a better supplier than the one they…