April 12, 2012

Corazon adds 3 concessions in Nicaragua

Corazon Gold Corp. announces that Nicaragua's Ministry of Energy and Mines ("MEM") and the Autonomous Region of the Northern Atlantic ("RAAN") have granted Corazon three contiguous, 25-year Exploration and Exploitation…

April 12, 2012

Sandvik Mining signs major project orders

At the end of March, Sandvik Mining signed three major materials handling contracts with customers in Latin America and Australia.

April 12, 2012

Upsurge in gold production expected in Chile

With nearly 6 million tonnes mined each year, Chile is the world’s chief copper producer. Now, it turns out the country could someday become a leader in gold production as…

April 12, 2012

Rio Novo Gold Announces Start of the Drilling Program at Its Toldafria Gold Project in Colombia

Rio NovoGold Inc. (TSX:RN.TO - News)(TSX:RN-WT.TO - News) ("Rio Novo" or the "Company") is pleased to announce that drilling has started at its 100%-owned Toldafria Gold Project, in Colombia.

April 12, 2012

Canadian Eldorado’s gold production keeps growing

Canadian miner Eldorado Gold (TSX:ELD) (NYSE:EGO), which recently closed its acquisition of European Goldfields, expects its yearly gold production to touch 1.7 million ounces within five years as it brings…

April 12, 2012

Chile’s biggest steel and iron-ore producer to invest US$700 million this year

Chile's Compañía de Acero del Pacífico (CAP) will invest nearly US$700 million this year to develop its iron ore projects in the country, president Roberto de Andraca told reporters attending…

April 11, 2012

Vale vs IMF: Who are you going to believe?

Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth…

April 11, 2012

Peruvian company Grupo Brescia to extract copper in Chile

Peruvian company Grupo Brescia announced today that it is going ahead with plans to further diversify its investments by mining for copper in neighbouring Chile, reports Portal Minero.

April 11, 2012

One of the 33 Chilean miners trapped in 2010 ventures underground for first time since rescue

More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first…

April 11, 2012

Anglo American to pump $2 billion into Brazil iron project this year

Anglo American Plc (LON:AAL) will spend over US$ 2 billion this year at its Minas-Rio 5.8-billion ton iron ore project in Brazil, the world’s second-largest exporter of the steel-making ingredient.