Fireweed files a PEA with a pre-tax IRR of 32%

The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.

About 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days.

For thousands of years of development as a species, humans never really needed to understand the real meaning behind big, unreachable numbers such as billions or trillions.

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

The massive figure includes a recently announced $23.5 billion for state-owned copper miner Codelco to revamp century-old mines that are running out of profitable ore.

Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.

Fresh data suggests it is still too early to celebrate a recovery in the sector.

Experts don't expect gains to last for long.

So far Grupo Mexico has been charged with more than $3 million in fines, and could face more.