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 Peruvian miners rescued this morning The nine miners trapped in a high altitude underground copper mine in Peru since last Thursday are well and with their families, after they were freed this morning (12:00 GMT).
April 11, 2012 Massive quake in Indonesia triggers tsunami alert An undersea 8.6 earthquake struck Indonesia this morning at 04:38 ET, announced the U.S. Geological survey (USGS). The movement, which triggered a tsunami alert across the Indian Ocean, has forced…
April 10, 2012 New report shows resource investors cannot pick a worse spot to put their money than Toronto Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone…
April 10, 2012 HudBay eyes further growth in Peru Base metals miner HudBay Minerals is looking at expanding its asset base in Peru as it seeks to create a new hub that replicates the successes enjoyed at its mines…
April 10, 2012 Newmont faces new protests in Peru as key report for $4.8 billion Conga project expected this week Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February finalize their environmental report on Newmont Mining and Buenaventura's…
April 10, 2012 Chile’s Codelco will decide future of its Chuquicamata underground mine this year Chile’s state-owned copper giant Codelco will make a decision on the construction of an underground mine at its Chuquicamata operation before the end of this year, said CEO and Executive…
April 10, 2012 Chile’s copper exports dropped 6.5% in first quarter Chile’s copper exports fell 6.5% to US$10.5 billion in the first three months of 2012 from $11.2 billion in the same period last year, according to figures compiled by the…
April 9, 2012 Glasenberg – 1, Xstrata shareholders – 0 The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.
April 9, 2012 Ivanhoe bloodletting continues The Vancouver-based miner gave up another 3% on Monday, bringing its losses over the past trading week to 15% as worries about grades and costs at Oyu Tolgoi – one…
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm