MINING.COM

AndeanGold signs agreement to acquire Gitennes’ 40% interest in Urumalqui Ag-Au project, Peru

AndeanGold Ltd. is engaged in the acquisition, exploration and potential development of primarily precious metals properties, principally in Peru and Ecuador.

Marketwire - Mining and Metals | May 23, 2012 | 1:00 pm

Australian miners should seek business opportunities in Latin America: Government

Australian Foreign Minister, Bob Carr, called local mining companies to look at Latin America as a business destination, as the region was emerging as an important economic powerhouse, hungry for Australian investment.

Cecilia Jamasmie | May 23, 2012 | 12:21 pm

Australian Crusader Resources to invest $400 million in Brazil gold mine

Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The project is expected to be one of the biggest gold mines in the country.

Cecilia Jamasmie | May 22, 2012 | 6:41 pm

Rio Tinto sells aluminum business for $185 million

In what it seems a move towards exiting the aluminum wire business, diversified miner Rio Tinto (LON & NYSE:RIO) announced it is selling its U.S.-based wire and cable business Alcan Cable to American company General Cable (NYSE: BGC) for $185 million.

Cecilia Jamasmie | May 22, 2012 | 12:41 pm

Vale losing iron ore marketshare to Rio, BHP

Stricter environmental rules on new mining projects, combined with soaring labour costs, are making Vale SA, the world's leading iron ore exporter, less competitive against Australian rivals Rio Tinto and BHP Billiton.

MINING.COM Staff Writer | May 20, 2012 | 6:31 pm

Continental Coal to acquire half of Colombian coal mine

South African thermal coal producer Continental Coal is seeking to augment its coal assets with a property in Colombia. The ASX and […]

Andrew Topf | May 18, 2012 | 6:58 pm

McEwen considers selling the Los Azules Project in Argentina

McEwen Mining (TSX and NYSE:MUX) President and CEO Rob McEwen on Thursday cautioned shareholders that recent energy-industry expropriation and Argentina government policy decrees augured negatively for its San José silver/gold mine and other development projects.

Cecilia Jamasmie | May 18, 2012 | 5:22 pm

Peru’s illegal mining exports problem worse than drug trafficking: report

Peru’s illegal mining exports reached $1.8 billion in 2011, exceeding even drug trafficking profits, which accounted for $1.2 billion, said local consultancy firm Macroconsult.

Cecilia Jamasmie | May 18, 2012 | 3:51 pm

Timmins Gold hits 52-week low after Q1

Mexican miner Timmins Gold (TSX:TMM) has lost 22% for the year and hit a 52-week low of $1.58 after reporting Q1 on Tuesday.

Michael Allan McCrae | May 17, 2012 | 1:45 pm

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Vale carries out construction work on emergency-level dams in Minas Gerais

Aurania to start drilling in Ecuador by September

Anti-mining protests in Peru threaten $5bn Quellaveco copper project

Max Resource expands North Choco project in Colombia

Machines to replace a third of workforce at Chuquicamata mine

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