January 15, 2014

BHP, Glencore, Anglo to boost Chile’s copper output to a record 6 million tonnes this year

It’d be the first time Chile’s copper output exceeds the 6 million tonnes.

January 15, 2014

Colossus tries to stay afloat with creditor protection

The company will pursue a sale process and restructuring through a debt-for-equity swap.

January 14, 2014

Movie about 33 Chilean miners rescued alive goes ahead amid alleged dispute over rights

Film company is in Chile to recruit about 1,000 background actors and extras needed to replicate Camp Hope in the Atacama Desert.

January 14, 2014

Tahoe’s Escobal silver mine reaches commercial production

Analysts say it could soon become one of the world’s largest producers of the precious metal.

January 13, 2014

Chen Lin says investors should bank on balance sheets while waiting for the next wave in gold and gold miners

For over a decade, mining companies have relied on a rising gold price to reward their decisions, regardless of whether they were good decisions. Those days are over.

January 13, 2014

Drummond declares force majeure in Colombia as Glencore denies it access to coal port

Analysts say the decision to put a stop to Drummond's exports is an economical "hara-kiri" for Colombia.

January 13, 2014

Peru announces national strategy against illegal mining

Includes involvement of police and military forces.

January 13, 2014

Batista’s oil firm battle with shareholders gets ugly

Stakeholders say public prosecution is the only way to make Batista accountable, as he has strong ties with influential politicians, including President Dilma Roussef.

January 10, 2014

Argentina lobbies to overturn Barrick’s Pascua Lama freeze in Chile

Argentine authorities are requesting a meeting with incoming President of Chile, Michelle Bachelet, who takes office in March.

January 9, 2014

Government does ‘U-turn’ on deal with Drummond, blocks coal-loading

The company won't be allowed to continue loading until it completes its direct-to-vessel loading system.