MINING.COM

Hiring heavy hitter, takeover speculation fail to boost Guyana Goldfields

Nothing the company has done so far to assuage investors about its Aurora gold project has been successful and after dropping 5.5% on Monday it is now down over 60% since the start of the year.

Frik Els | April 23, 2012 | 10:05 pm

Peru’s Humala says Newmont mine project needs work

Peruvian President Ollanta Humala said on Friday that U.S.-based Newmont Mining should carry out a more ambitious environmental mitigation plan if it hopes to build its $4.8 billion Conga gold mine project.

Reuters | April 20, 2012 | 11:49 pm

Obstructions to Anglo American Minas-Rio iron ore project keep on coming

Anglo American’s CEO, Cynthia Carroll, said yesterday the company faces further disruption to its US$6 billion Minas-Rio iron ore operation in Brazil, although it hopes to resume construction at the site.

Cecilia Jamasmie | April 20, 2012 | 4:21 pm

Vale’s latest business sounds fishy, in a good way

Brazilian mining giant Vale has taken the concept of mining diversification to a new level by announcing that it will start raising fish by its Sudbury, Canada, location.

Cecilia Jamasmie | April 20, 2012 | 12:15 pm

Chilean mining industry faces looming energy crisis

Chile will not be able to keep mining for copper, gold and other minerals if the government does not address the country's pressing energy needs, a mining conference in Santiago heard this week.

Andrew Topf | April 19, 2012 | 10:08 pm

Investors ride SilverCrest wave

SilverCrest Mines jumped as much as 9% on Thursday on higher than usual trading volumes, after announcing silver production doubled and gold output tripled at its Santa Elena mine in Mexico.

Frik Els | April 19, 2012 | 7:50 pm

Asian investors pile into South American Silver with $16 million private placement

South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.

Andrew Topf | April 19, 2012 | 7:23 pm

British government urges Anglo American and Codelco to reach amicable resolution

Chile's state-owned mining company Codelco, the world's largest copper producer London-based Anglo American (LSE: AAL) should try reaching a negotiated solution to the ongoing dispute about Codelco’s stake in Anglo’s Sur unit, said British ambassador to Chile, Jon Benjamin.

Cecilia Jamasmie | April 19, 2012 | 2:51 pm

Brazil’s aluminum output went up 3.7% in March

Brazil's aluminum output in March went up 3.7% to 125,000 tonnes, according to the national aluminum association, Abal.

Cecilia Jamasmie | April 19, 2012 | 2:13 pm

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World’s No. 2 lithium miner SQM hit by weak prices

Antofagasta wary of US-China trade war despite strong results

Codelco shuts down Ventanas copper smelter for maintenance

Lithium prices to remain low as “hype” meets “reality” — CRU

Los Andes Copper to build “Chile’s next major mine”

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