Anglo American says Chile Los Bronces mine project will not harm glaciers, biodiversity

The Mexican government halted operations at the coal mines in the northern state of Coahuila on Thursday due to safety issues that have already caused the death of 13 coal miners in the last three weeks.

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new record in gold production in 2011.

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.

Six coal miner died after 100 tonnes of coal collapsed at a mine in northern Mexico, located in the State of Coahuila.

South American Silver Corp announces an update on its plan of action after receiving today official notice of a Nationalization Decree of its Malku Khota silver-indium project in Bolivia.

“We interpret that lack of capital discipline and stock underperformance has reached a breaking point in the mining sector and we expect further management changes to come.”