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.
July 11, 2012 Dynacor Gold Mines : 2012 Tumipampa exploration update Earlier this year the Peruvian government, to better protect the environment, decided to reinforced environmental laws pertaining to mining and exploration. This consequently increased the time period needed to obtain…
July 11, 2012 Bolivia seizes South American Silver’s assets Bolivian President Evo Morales has nationalized the assets of Vancouver-based South American Silver, accusing the miner of causing a conflict that saw violence erupt among communities around the mining project…
July 11, 2012 Xstrata-Glencore merger to be decided Sep 7 Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
