Antofagasta’s Los Pelambres mine is safe — Chile’s court

Toronto-based firm's Definitive Feasibility Study for its 100% owned Aurora Gold Project in Guyana, the nation's only large-scale licensed gold mine development project, makes investors see red.

Shares in Newmont Mining was down 2.7% on Friday after the company announced a $1.6 billion charge after mothballing its Hope Bay project in northern Canada.

A motion asking the Quebec government to withdraw its offer to finance the province's remaining asbestos mine has failed.

Canadian miner Mandalay Resources (TSX: MND, MND.WT) announced today that scheduled shipment of concentrate for February from the Cerro Bayo silver-gold mine in Chile has been delayed due to increasing public protests in the south of that country.

Colombia’s President, Juan Manuel Santos, announced yesterday that the country will be issuing a new mining code to boost the industry and reinforce control of illegal mining.

Representatives of Rio Tinto’s Iron Ore Company of Canada (IOC), the country’s biggest producer of the steel-making ingredient, appeared in court yesterday as it is facing five charges related to a fatal accident in 2010.

Shares in Aquarius Platinum Ltd. (LON, ASX: AQP), the fourth- largest producer of the metal, dropped 11% this morning in Johannesburg, the deepest decline since October 2008, after the company announced that Zimbabwe has rejected a joint proposal with Impala Platinum Holdings Ltd. (PINK:IMPUY) to meet local ownership rules.

The Saskatchewan government has given approval for Golden Band Resources Inc. to open its Golden Heart gold mine in northern Saskatchewan.

The privatization process will see Mongolia's government holding a majority 51% stake after selling 19% to investors and distributing the remainder to its 2.7 million citizens, but the $3 billion IPO faces fresh delays in Hong Kong.