The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.
Ontario Court Justice Herman Wilton-Siegel dismissed Barrick Gold's claims of unlawful and ineffective transactions by Goldcorp in the acquisition of the El Morro project in Chile.
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 Desert in 2010.
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 operating costs during the rest of the mine’s short expected life.
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 for months.
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 the so called “white gold” mineral.
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 polluting their land and water supplies.
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.