July 3, 2012

Chile’s Codelco to invest $400 million in molybdenum plant

Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.

July 3, 2012

Brazil’s Vale confirms plans to sell euro-denominated bonds

Brazilian mining giant Vale SA confirmed Tuesday its plans to issue euro-denominated overseas bonds.

July 3, 2012

World’s No. 3 copper mine Collahuasi to reduce costs with solar power

Chile’s Doña Inés de Collahuasi mining company announced Solarpack has won the contract to build a 25 MW solar energy park, which will supply nearly 13% of the mine's power…

July 3, 2012

Carpathian appoints new Chief Financial Officer

As of July 3 Mr. Rishi Tibriwal will be the new Chief Financial Officer of Carpathian Gold Inc.

July 3, 2012

Avino Silver & Gold Mines Ltd: cease trade order and clarification and retraction of technical disclosures

The company's public disclosures on mineral resource estimates regarding the property in Durango, Mexico, are under review by the British Columbia Securities Commission.

July 3, 2012

Vale receives preliminary license for S11D iron-ore mining project, an industrial info news alert

The giant Brazilian mining company's project entails the expansion of mining operations and a processing plant at the Carajas mining complex.

July 2, 2012

Barrick Gold headed to $53 despite losing Chilean ownership row

Gold giant Barrick Gold (NYSE:ABX) has faced a setback in its ownership row with Goldcorp (NYSE:GG) over a copper and gold mine in Chile as Ontario Superior court dismissed Barrick's claim…

July 2, 2012

Pan American Silver comments on draft mining legislation submitted to Chubut’s provincial parliament

The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.

July 1, 2012

Newmont can dig up $59 with Conga project back online

Newmont Mining will soon resume work on its Conga gold project as the miner has accepted the Peruvian government’s condition to build water reservoirs to ensure water supply in the…

June 29, 2012

Two South American Silver engineers kidnapped in Bolivia

Locals from the Bolivian Andean region have kidnapped two engineers of Canadian South American Silver and are demanding the immediate release of their leader.