May 7, 2012

Canadian Baja Mining continues to struggle over funding for Mexico project

Canadian miner Baja Mining Corp (TSX:BAJ) said on Monday it won’t be able to continue with its copper/cobalt/zinc project in Mexico beyond mid-June, unless it finds a way to fund…

May 7, 2012

Canadian Inmet set to kick off construction at Cobre Panama

Inmet Mining Corporation (TSX:IMN) has launched a $1 billion senior unsecured notes offering as part of a total finance plan for the $6.18 billion copper/gold/molybdenum project Cobre Panama.

May 7, 2012

Is this Baja Mining’s ‘Et tu, Brute?’ moment?

A recent turn of events in an escalating fight between Baja Mining and dissident shareholder, Mount Kellett Capital Management, might seem to share a little of the plot from William…

May 4, 2012

Hey! Esperanza Resources. Friends don’t let friends dilute their stock 50%

Number of shares in issue will double and a sword will hang over retail investors' heads for the next five years.

May 4, 2012

Antofagasta shares hit by copper and gold production falls

Shares of Chilean miner Antofagasta PLC (LON:ANTO) were down over 4% at 11:20 ET after the company announced yesterday that its first-quarter copper production fell almost 13% amid rising development…

May 4, 2012

Argentina’s Parliament approves YPF takeover bill, irritating mayor foreign investors

Argentina's Congress voted 208-32 to move forward with a bill giving President Cristina Kirchner the green light to seize a 51% stake in the country's largest oil and gas producer,…

May 4, 2012

Why every miner wants to be Colombia’s new best friend

Once tinted by drug cartels and civil war, Colombia is now one of Latin America’s fastest growing markets and, according to the World Bank, the most secure country in the…

May 4, 2012

Brazil’s Government wins latest round in Vale tax match

Brazilian mining giant Vale (NYSE:VALE) announced the country's Superior Court of Justice ruled in favour of the federal tax authority in its appeal against an injunction granted in March suspending…

May 4, 2012

Torex Announces Measured and Indicated Resource of 4.8 Million Ounces of Gold at Morelos

Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is pleased to announce an updated National Instrument ("NI") 43-101 compliant measured and indicated mineral resource estimate ("M & I") of…

May 4, 2012

Blockade lifted at BHP’s Escondida mine

Mine access roads blockaded by contractors at BHP Billiton's Escondida mine have been re-opened.