Latin America Top Stories

‘Communities not important’ says former Colombia mining head in leaked video

Santiago Urdinola, head of private firm Minesa and former president…

Japanese owner of Chile’s Caserones copper mine said to be mulling sale

Asked about it, however, JX Nippon Mining — the metal…

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Brazilian government overcharging for mineral royalties – Vale

Brazilian mining giant Vale (VALE5.SA: Quote) said on Thursday the government is overcharging it for mineral royalties and will seek a legal review of some the requested payments amid a dispute over debts to the government that could reach $2.4 billion. Vale, the world's largest iron ore miner, insisted it had made payments according to the law and said it disagreed with the government over criteria for calculating what it owed.

AMG enters into tantalum supply agreements

AMG Advanced Metallurgical Group N.V. (“AMG,” EURONEXT AMSTERDAM: “AMG”) through its Advanced Materials Division, entered into supply agreements with traditional customers for […]

Minera Andes discovers 7.5K of new veins at San José Mine

Minera Andes Inc. (TSX:MAI) unearthed 7.5 kilometres of new new high-grade silver/gold veins at its San Jose Mine, Argentina, during exploratory drilling in 2010, the company reported on Thursday. The new veins represent a 44% increase in the cumulative strike length of all veins known at the mine at the end of 2009.

Cerro acquires Mexican silver project

Cerro Resources NL (ASX:CJO)(TSX-V:CJO) has completed its previously announced acquisition of the Namiquipa Silver Project in Mexico from Minera Tasmania S.A. de C.V. Under the Dec. 13 share purchase agreement, Cerro will acquire all of Minera's shares in consideration for 30,000 shares of Cerro. The transaction is expected to close this Friday.

Crystallex’s request for arbitration registered by the World Bank’s ICSID

Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced today that its February 16, 2011, Request for Arbitration before the Additional Facility of the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") against the Bolivarian Republic of Venezuela ("Venezuela") has been registered by the Secretary General of ICSID.