June 26, 2012

Silvermex securityholders approve plan of arrangement with First Majestic

Passing with 99% in favour, First Majestic Silver will go ahead with plans to acquire all of the issued and outstanding common shares of Silvermex.

June 26, 2012

Robots to ensure high safety standards in Latin American mines

Scientists around the world, including in Canada, are currently developing robots that can anticipate and prevent mining accidents, such as the dramatic entrapment of 33 Chilean miners in the Atacama…

June 26, 2012

Sienna reports 1.4 meters (M) at 9.7 G/T gold and 1864.4 G/T silver within a longer interval of 11.1 M at 1.9 G/T gold and 272.8 G/T silver

The gold-silver project, based out of Peru, has seen results of 1.4 m at 9.7 g/t gold and 1864.1 g/t silver.

June 26, 2012

Tara Minerals acquires 100% of Champinon iron ore property

The property, situated in Mexico, was purchased for $2.1 million. Under this acquisition agreement the previous royalty of $5 a tonne has been eliminated.

June 26, 2012

Chile on Chinese copper demand: Slowdown? What slowdown?

“Signs of demand, shipments and inventories, continue to be solid.”

June 25, 2012

Coeur d’Alene evaluating Argentina mine, offers $350m in senior notes

US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high…

June 25, 2012

Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17

London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation…

June 22, 2012

Chile divided over lithium privatization

Chile’s government decision to privatize the country’s lithium, announced last week, has the country immersed in a heated debate over who has the right to exploit the vast reserves of…

June 22, 2012

Peru tries solving Xstrata’s conflict to stop mining investments from falling

Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of…

June 22, 2012

Colombia goes ‘all in’ setting aside 17.6 million hectares for mining

The lands will be open for mining licenses, but a majority of them are in protected zones, so officials would have to carefully pick specific regions to auction.