Latin America Top Stories

Minaurum doubles size of Alamos silver project in Mexico

The Vancouver-based miner boosted the project to 37,000 hectares and…

Gold Fields acquires 16% stake in Chakana Copper

One of the largest gold mining companies in the world…

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Codelco will spend $5 billion in 2012, Chile court hands it minor victory over Anglo

Bloomberg reports Chile's state-owned firm Codelco, the world's largest copper producer, plans to invest $5 billion in 2012 on capital projects, more than twice the $2.3 billion it allocated last year. Also on Friday a Santiago court blocked Anglos from selling any more shares in its Sur subsidiary while it battles Codelco over an option to acquire 49% of its Chile operations.