MINING.COM

Bolivia seizes South American Silver’s assets

Bolivian President Evo Morales has nationalized the assets of Vancouver-based South American Silver, accusing the miner of causing a conflict that saw violence erupt among communities around the mining project it was developing there.

Cecilia Jamasmie | July 11, 2012 | 1:59 pm

Xstrata-Glencore merger to be decided Sep 7

Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach an agreement on the conditions.

Cecilia Jamasmie | July 11, 2012 | 11:00 am

Goldcorp lowers guidance due to drought and production delays

Goldcorp, the world's second-largest gold miner, said expected gold production would drop 8% due to problems at Peñasquito and Red Lake.

Michael Allan McCrae | July 11, 2012 | 5:08 am

Fitch gives Codelco an A+

Codelco possess 9% of the world's known copper reserves and the A+ rating reflects Codelco's total ownership by the Government of Chile and its strategic importance to the country.

Joshua Zapf | July 10, 2012 | 6:39 pm

Mexican workers stop Excellon Resources operations amid IIROC’s decision to impose a trade halt

Unionized workers of Durango Sate in Mexico, forced Canadian miner Excellon Resources to halt its operations at San Pedro mine after over 70 union members occupied the facilities last night.

Cecilia Jamasmie | July 10, 2012 | 4:27 pm

Teck weighs future of its $5.6 billion expansion project in Chile

Canadian miner Teck Resources has temporarily withdrawn the Social and Environmental Impact Assessment application for its $5.6 billion Quebrada Blanca II expansion project in northern Chile.

Cecilia Jamasmie | July 10, 2012 | 12:37 pm

Anglo American optimistic on its $3 billion Peru copper project

Despite the recent deadly and divisive disputes over mining projects in Peru, London- based mining giant Anglo American says it hopes to begin construction of its $3 billion Quellaveco copper project in the country as soon as possible.

MINING.COM Staff Writer | July 10, 2012 | 12:00 pm

Canadian Candente copper to restart drilling in Peru

Candente Copper will be allowed to resume its exploration and feasibility drilling at its Canariaco project in Peru, after the local community of San Juan De Kañaris voted in favour of granting surface access to the company on Sunday.

Cecilia Jamasmie | July 9, 2012 | 2:21 pm

South American Silver’s Bolivian mining license revoked, workers set free

Bolivian Labour Minister, Daniel Santalla, signed an agreement on Sunday with the leaders of the Andean local community of Malku Khota who were holding five employees of Canadian South American Silver captive.

Cecilia Jamasmie | July 9, 2012 | 7:23 am

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