July 13, 2012 Ousted Vale CEO back with a bang Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an…
July 13, 2012 Oro Mining board unanimously recommends shareholders reject Wexford’s unsolicited offer Today Oro's board of directors unanimously recommended that shareholders reject the unsolicited offer by Wexford Spectrum Trading to acquire any and all common shares of Oro at a price of…
July 13, 2012 Baja Mining only has enough money for Boleo project for two more weeks The Canadian mining company continues to struggle with cost overruns at its flagship Boleo mine in Mexico, the company has not yet received any funding proposals for the project and…
July 13, 2012 Anglo’s $3 billion copper mine in Peru is a go Despite the recent deadly and divisive disputes over mining projects in Peru, London-based mining giant Anglo American got the green light from the regional government of Moquegua for its $3…
July 13, 2012 The Batista ‘bubble’ is bursting Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.
July 12, 2012 Here we go again: Anglo, Codelco talks extended London-based Anglo American and Chile's state-owned Codelco have not come to an agreement, said the world’s largest copper producer Thursday, instead they have agreed to extend the talks until mid…
July 12, 2012 Nationalism stumps Canadian mining companies in Latin America From expropriations in Venezuela, Bolivia and Argentina to violent opposition in traditionally mining-friendly jurisdictions such as Peru and Chile, the rising political tensions pose a risk to a decade-long bonanza…
July 12, 2012 Almaden Hits 11.00 Meters of 1.09 g/t Au and 580.7 g/t Ag (12.7 g/t AuEq) in Ixtaca North Zone The company has found 11.00 meters of 1.09 g/t Au and 580.7 g/t Ag at its Tuligtic project in Mexico.
July 12, 2012 Chile’s largest open pit copper mine goes underground Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially…
July 11, 2012 Luna Gold announces record quarter gold production over 17,000 ounces in second quarter 2012 Aurizona Gold Mine produced a quarterly record in Q2 of approximately 17,269 ounces.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
