MINING.COM

Newmont faces new protests in Peru as key report for $4.8 billion Conga project expected this week

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February finalize their environmental report on Newmont Mining and Buenaventura's US$4.8 billion copper-gold project.

Cecilia Jamasmie | April 10, 2012 | 4:19 pm

Chile’s Codelco will decide future of its Chuquicamata underground mine this year

Chile’s state-owned copper giant Codelco will make a decision on the construction of an underground mine at its Chuquicamata operation before the end of this year, said CEO and Executive President Diego Hernandez.

Cecilia Jamasmie | April 10, 2012 | 2:22 pm

Chile’s copper exports dropped 6.5% in first quarter

Chile’s copper exports fell 6.5% to US$10.5 billion in the first three months of 2012 from $11.2 billion in the same period last year, according to figures compiled by the country’s Central Bank.

Cecilia Jamasmie | April 10, 2012 | 1:42 pm

Castro likes Trudeau; Harper, not so much

Fidel Castro said Prime Minister Stephen Harper suffers from illusions regarding resources and the extensive claims the U.S. has on Canada.

Michael Allan McCrae | April 9, 2012 | 11:34 pm

Radius Gold up 19% after B2Gold pays $20 million for properties in Nicaragua

B2Gold Corp. (TSX:BTO) announced today that it paid Can$20 million to Radius Gold for Trebol and El Pavon Properties in Nicaragua.

Michael Allan McCrae | April 9, 2012 | 10:28 pm

Mining investments in Chile to reach $100 billion by 2020

Mining investment in Chile, the world's largest copper producer, would reach US$ 100 billion between 2012 and 2020, the National Mining Society (Sonami) said on Monday.

Cecilia Jamasmie | April 9, 2012 | 6:38 pm

Peruvian miners trapped since Thursday unlikely to be rescued soon

Two or three days longer than anticipated could take rescuers to get to the nine Peruvian miners trapped 200 metres below ground since last Thursday, told reporters Oscar Valdes, cabinet chief to Peru's President Ollanta Humala.

Cecilia Jamasmie | April 9, 2012 | 4:40 pm

$8.4 billion rare earth deposit discovered in Brazil

Brazilian miner World Mineral Resources (WMR) has found a large reserve of neodymium, one of the 17 rare earth elements, in the western Bahia state, which could bring US$8.4 billion to the country.

Cecilia Jamasmie | April 9, 2012 | 3:59 pm

Orko Silver plunges 34% on Pan American pullout

Orko Silver crashed 34% Thursday on news that Pan American Silver is walking away from Orko's La Preciosa project in Mexico.

Andrew Topf | April 7, 2012 | 6:52 pm

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