MINING.COM

Investors pile back into Guyana Goldfields on new feasibility

Guyana Goldfields vaulted 15.8% on Thursday, after raising just shy of $26 million from an institutional investor and its CEO, and announcing a revised feasibility study for its Aurora gold project in Guyana.

Frik Els | April 12, 2012 | 10:00 pm

Upsurge in gold production expected in Chile

With nearly 6 million tonnes mined each year, Chile is the world’s chief copper producer. Now, it turns out the country could someday become a leader in gold production as well, giving its neighbour, Peru, a run for its money.

MINING.COM Staff Writer | April 12, 2012 | 3:32 pm

Chile’s biggest steel and iron-ore producer to invest US$700 million this year

Chile's Compañía de Acero del Pacífico (CAP) will invest nearly US$700 million this year to develop its iron ore projects in the country, president Roberto de Andraca told reporters attending Expomin, one of the world's most important mining exhibitions, in Santiago.

Cecilia Jamasmie | April 12, 2012 | 1:30 pm

Vale vs IMF: Who are you going to believe?

Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth is.

Frik Els | April 11, 2012 | 10:37 pm

Peruvian company Grupo Brescia to extract copper in Chile

Peruvian company Grupo Brescia announced today that it is going ahead with plans to further diversify its investments by mining for copper in neighbouring Chile, reports Portal Minero.

MINING.COM Staff Writer | April 11, 2012 | 4:43 pm

One of the 33 Chilean miners trapped in 2010 ventures underground for first time since rescue

More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first time since the accident during a tour to a Saskatchewan potash mine.

Cecilia Jamasmie | April 11, 2012 | 3:42 pm

Anglo American to pump $2 billion into Brazil iron project this year

Anglo American Plc (LON:AAL) will spend over US$ 2 billion this year at its Minas-Rio 5.8-billion ton iron ore project in Brazil, the world’s second-largest exporter of the steel-making ingredient.

Cecilia Jamasmie | April 11, 2012 | 2:05 pm

Peruvian miners rescued this morning

The nine miners trapped in a high altitude underground copper mine in Peru since last Thursday are well and with their families, after they were freed this morning (12:00 GMT).

Cecilia Jamasmie | April 11, 2012 | 11:55 am

Energold strikes record profits after drilling a million metres in 2011

The Vancouver company earned a profit of $26.4 million on $133.5 million in revenues for the year, up 145%, after drilling an astonishing 585,900 meters for minerals and a further 444,400 meters for energy last year.

MINING.com Editor | April 10, 2012 | 10:03 pm

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Miners to invest $177.2 million in environmental programs in Mexico

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