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.

May 3, 2012

Eldorado Gold reports $67 million profit in Q1

Gold miners were caught in an ugly slide in the S&P/TSX Composite Index today, which shed 215 points in reaction to another poor economic report coming out of the US.

May 3, 2012

Contractors protest at BHP Billiton’s Escondida in Chile

Contract workers blocked some roads to Chile's Escondida copper mine, the world's largest, on Thursday in a bonus dispute, although production operations weren't halted

May 3, 2012

Brazil mining investment to top $75 billion by 2016

Brazilian investment in mining is about to shatter a five-year record.

May 3, 2012

Grupo Mexico profit jumps 35% on higher production

Major copper producer Grupo Mexico reported a 35% jump in first-quarter profit, helped in part by higher mine production numbers.