July 6, 2011

Outlook for copper murky at best

Copper prices fell on Wednesday after China raised interest rates and Portugal’s debt joined the junk ranks but the longer term outlook for the metal remains murky. Arguments on both…

July 6, 2011

Esperanza signs definitive agreement to sell San Luis joint venture to Silver Standard

Vancouver, B.C: Esperanza Resources Corp. (TSX-V: EPZ) is pleased to announce that it has signed a definitive agreement and received shareholder approval to transfer its 30% interest in the San…

July 5, 2011

Vale’s $5.9bn Argentina potash mine gets green light

Dow Jones reports Argentina's Mendoza Province has lifted its suspension of the multibillion dollar Rio Colorado potash mine project being developed by Brazilian mining company Vale SA. Mendoza's Environmental Secretariat…

July 5, 2011

Fifteen killed in drug shootout in top Mexican silver mining area

A five-hour gun battle between Mexican marines and a drug gang in Mexico's principal silver mining state close to Fresnillo, left 15 dead raising more concerns about mine security in…

July 5, 2011

Bad weather hits Collahuasi operations again

According to a spokesperson for the Chilean copper operation, the mine is working under a contingency plan due to bad weather which has delayed a workers' shift.

July 4, 2011

Chile Codelco seeks to avert 24-hr workers’ strike

Chile's Codelco on Monday sought to avert a 24-hour strike by workers demanding a bigger say in the restructuring of the world's top copper miner, the company's top executives said…

July 4, 2011

Brazilian energy production may disappoint relative to resources

Brazil is the ninth-largest energy consumer in the world. Total primary energy consumption has increased strongly over the past decade, rising by more than 40%, supported by a period of…

July 3, 2011

Southern Silver amends and increases private placement

Southern Silver Exploration reported today that it has increased its previously announced private placement (see news release NR-07-11) and now plans to issue up to 23,530,000 units in a non-brokered…

July 3, 2011

Estrella drills Colpayoc gold project, Peru

Estrella Gold announced it started drilling its Colpayoc gold project on June 26, 2011. Colpayoc is located 12 kilometers southwest of the Yanacocha gold mine complex, in Peru. The drill…

July 3, 2011

Strike Resources acquisition boosts stake in Peru iron ore projects

Strike Resources has executed an agreement with Iron Associates Corporation to purchase an additional 12% interest in Apurimac Ferrum SA from IAC increasing its stake in AF to 56%. The…