Vale misled public on dangerous dams, prompting Brazil probe — source
Brazilian prosecutors are looking into ex-CEO Schvartsman's declaration that Vale had already shuttered nine upstream dams in response to the 2015 collapse.
Troubled Vancouver miner, Baja Mining (TSE:BAJ), said that it laid off 40% of its staff to conserve cash and admitted that there is "no assurance" that it will find funding to complete its Boleo project, a $1.143 billion copper-cobalt-zinc project in Mexico.
Chile’s Codelco new CEO, Thomas Keller, has traveled to London this week to hold talks with global miner Anglo American (LON:ALL), hoping to resolve a multi-billion dollar contract dispute between the parties.
Mexican construction company ICA said on Wednesday it would buy a 51% stake in in San Martín Contratistas Generales S.A., Peru's leading company dedicated principally to construction in the mining sector.
Brazil's federal public ministry in Para state has filed legal action demanding that operations be halted at Onça Puma, a nickel mine in the northern Brazilian state owned and operated by Vale SA (NYSE:VALE).
Canada’s third main gold miner Kinross Gold (TSX:K) is selling its stake in the Crixas gold mine in Brazil, to South Africa’s AngloGold Ashanti for $220-million.
The government of El Salvador is warning that the future large-scale development of the Cerro Blanco mine in southern Guatemala will greatly endanger the quality of water found in the Lempa River, which supplies water not only to Guatemala but also to Honduras and El Salvador.
Chile’s state-run Corporación Nacional del Cobre (CODELCO) has selected AVEVA NET as its information management solution for the execution of important capital projects in the country.
Peru's government declared a 30-day state of emergency on Monday night after two people were killed and dozens of police officers injured in violent anti-mining protests against Swiss based-Xstrata near Cuzco, in south eastern Peru.