An alleged unit from the Revolutionary Armed Forces of Colombia, or FARC, blew up Tuesday heavy equipment at the Colombian coal mine Cerrejon, in the northern province of La Guajira, part owned by BHP Billiton.
Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN), but that President Evo Morales nationalized last June.
Canadian explorer Mariana Resources (LON:MARL, TSX:MRY) said the latest set of drilling results from the Calandria Sur deposit in Argentina were “good” with 13 of 21 holes returning “significant intersections” of gold and silver.
Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.
The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.
