Newcrest goes ahead with Gorbea project in Chile

Codelco will invest $250 million to modify the shape of the current pit.

Unless disagreements at negotiations for wages and benefits are resolved by Jan. 19

The miner’s local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.

Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

The Canadian miner wants to increase production to 135,000 ounces of gold per year.

The approval of the supreme decree 042-2017 in December might generate more unrest.

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

Investments grew by 54.8% compared to the same month of 2016.

The bulk of new capacity would come online in 2019.