December 19, 2016

Canadian Wealth Minerals to acquire Chile’s Laguna Verde lithium project

The project, known as Laguna Verde, is located in the country’s north, known for its vast salt flats under which experts say there is enough of the commodity to supply…

December 19, 2016

Vale to sell fertilizer business to Mosaic for $2.5 billion

Mosaic has agreed to acquire most of Vale's phosphate assets in Brazil, its stake in Peru's Bayovar mine and the firm’s Kronau potash project, in Canada.

December 19, 2016

BSGR boss Beny Steinmetz arrested in Israel over Guinea bribery case

The billionaire and other Israeli businessmen are suspected of paying tens of millions of dollars to senior state officials to secure a licence for Simandou, local police said.

December 18, 2016

Vale opens largest iron ore mine in its history

Commercial production starts in January, with a ramp-up to 90 million tonnes per annum by 2020

December 16, 2016

Brazil police steps up efforts to find mining royalty corruption ring members

Prominent local evangelical pastor among the latest public figures being interrogated.

December 16, 2016

Eldorado CEO Paul Wright retires, Goldcorp’s George Burns takes over

Wright, who joined Eldorado in 1996 and has held several management positions prior to becoming its president and CEO in 1999, will be the company's new chairman.

December 15, 2016

State of emergency declared in Ecuador after clash at copper mine

A clash between local indigenous peoples and police at a mine in Ecuador has forced a state of emergency.

December 15, 2016

Ecuador signs key deal with Lundin on Fruta del Norte gold mine

The project, discovered in 2006, is one of the world’s biggest recent gold findings, with reserves estimated at about 4.8 million ounces of gold and 6.3 million ounces of silver.

December 13, 2016

Newmont facing up to $1.2B impairment charge due to upcoming Yanacocha closure 

As every mining company knows, closing a mine can be costly, especially one the size of Newmont's (NYSE:NEM) Yanacocha in Peru.

December 13, 2016

Colombia: Golden future, difficult reality

I came to Colombia primarily to answer one question: this country may offer immense mineral potential but is it a good place to spend some investment dollars?