MINING.COM

20-billion-tonne iron ore mine in Bolivia in jeopardy

Malaysian News Agency Bernama.com reports that a huge iron ore mine in Bolivia may be doomed as a result of conflicts between the proponent and the Bolivian government.

Andrew Topf | May 11, 2012 | 4:51 am

Chinalco Mining seeks $1 billion IPO for massive Peru copper mine

With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.

Frik Els | May 9, 2012 | 4:25 pm

Potash is a diamond in the rough for the Republic of Congo

Australian junior Elemental Minerals (ASX, TSX: ELM), which is developing a potash project in the Republic of Congo, announced it has increased measured and indicated resources at its Kola deposit by 265% to just under one billion tons.

Cecilia Jamasmie | May 8, 2012 | 1:02 pm

Chile’s copper export revenue drops 8% to $3.6 billion in April

Chile’s copper export revenue fell 8% to about $3.6 billion in April 2012, compared to the same period last year, when it was lifted by high prices of the commodity, the country’s Central Bank informed today.

Cecilia Jamasmie | May 7, 2012 | 5:28 pm

Canadian Baja Mining continues to struggle over funding for Mexico project

Canadian miner Baja Mining Corp (TSX:BAJ) said on Monday it won’t be able to continue with its copper/cobalt/zinc project in Mexico beyond mid-June, unless it finds a way to fund cost overruns quickly.

Cecilia Jamasmie | May 7, 2012 | 4:42 pm

Canadian Inmet set to kick off construction at Cobre Panama

Inmet Mining Corporation (TSX:IMN) has launched a $1 billion senior unsecured notes offering as part of a total finance plan for the $6.18 billion copper/gold/molybdenum project Cobre Panama.

Cecilia Jamasmie | May 7, 2012 | 1:37 pm

Hey! Esperanza Resources. Friends don’t let friends dilute their stock 50%

Number of shares in issue will double and a sword will hang over retail investors' heads for the next five years.

Frik Els | May 4, 2012 | 11:15 pm

Antofagasta shares hit by copper and gold production falls

Shares of Chilean miner Antofagasta PLC (LON:ANTO) were down over 4% at 11:20 ET after the company announced yesterday that its first-quarter copper production fell almost 13% amid rising development and maintenance costs.

Cecilia Jamasmie | May 4, 2012 | 3:49 pm

Argentina’s Parliament approves YPF takeover bill, irritating mayor foreign investors

Argentina's Congress voted 208-32 to move forward with a bill giving President Cristina Kirchner the green light to seize a 51% stake in the country's largest oil and gas producer, YPF SA from Spain's Repsol YPF SA.

Cecilia Jamasmie | May 4, 2012 | 2:28 pm

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Brazil regulator pushes back deadline to close dangerous tailings dams

Codelco raises debt after saying it wouldn’t

Mexican president says won’t cancel mining concessions, or grant new ones

Columbus advances Maripa gold project in French Guiana

Fruta del Norte’s first gold pour expected for Q4 2019

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