MINING.COM

Argentina targets mining firms in import crackdown

Argentina's government tightened controls on imports of equipment and supplies by mining companies on Monday in a new measure to boost the trade surplus and foreign currency stocks.

Reuters | May 28, 2012 | 7:52 pm

OZ Minerals inks $90 million deal for copper-moly mine in Chile

Australian copper producer OZ Minerals has struck a deal with Canada's International PBX Ventures for a 90% interest in the Copaquire copper-molybdenum property in Chile.

Andrew Topf | May 28, 2012 | 5:33 pm

Brazil’s Vale to sell all of its Colombian coal assets for over $400 million

Mining giant Vale said on Monday it will sell its coal assets in Colombia to CPC, a unit of Colombian Natural Resources, for $407 million.

Cecilia Jamasmie | May 28, 2012 | 3:52 pm

Bloomberg: Gold boom spreading mercury as 15 million miners exposed

Bloomberg has a devastating in-depth report on the impact of gold mining in a small town in Colombia called Segovia where "almost 100 shops refine the gold that prospectors bring down from the foothills of the Andes Mountains"

MINING.com Editor | May 27, 2012 | 12:35 am

Amazon fertilizer plays come up smelling like roses

Despite a lacklustre day for the sector – North America's big three Potashcorp, Agrium and Mosaic all suffered losses – two Brazil focused potash mine developers attracted strong investor interest on Friday.

Frik Els | May 25, 2012 | 8:12 pm

It was only a matter of time. Creditors’ lawyers descend on Baja Mining

Friday's complication is just the latest setback for Vancouver-based Baja which has now lost almost 70% of its value this year.

Frik Els | May 25, 2012 | 6:53 pm

Chief of Codelco quits amid legal battle with Anglo

In what it seems to be the first casualty of the heated conflict between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer announced its CEO Diego Hernandez resigned late Thursday.

Cecilia Jamasmie | May 25, 2012 | 9:35 am

Xstrata weighs political risk in Argentina before deciding on its $5.5 billion copper projects

Xstrata Plc (LON:XTA), the fourth largest copper producer in the world, said it is analyzing political risks in Argentina, where the company has two major copper projects on the go with an estimated investment of $5.5 billion.

Cecilia Jamasmie | May 24, 2012 | 2:40 pm

Codelco confident of reaching 2012 target despite Q1 drop

The world's top copper producer, Chile's Codelco, said on Wednesday its output fell 10 percent in the first quarter from a year earlier to 373,000 tonnes, but said it was on target to produce 1.708 million tonnes this year.

Mineweb | May 24, 2012 | 11:25 am

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