Bear Creek de-risks Corani silver project in Peru

Only in royalties Chile's state would lose $2 billion this year.

Goldman Sachs Group Inc., Morgan Stanley and UBS AG are said to be in charge of luring investors.

"Smart blasting, mineral pre-concentration, novel flowsheets and new grinding technologies are just a few of the different strategies which can improve cost effectiveness."

Activity has increased fivefold in the last six years and is estimated to provide 100,000 direct jobs in the country.

Decision follows an inspection that showed the company did not have all the necessary land permits.

The two nations led the list of potash buyers during the first quarter of 2013, according to Scotiabank’s monthly commodity index.

Glencore Xstrata, Brazilian investment bank BTG Pactual and Dutch trading company Trafigura among the runners up.

A kilogram of cocaine can sell for about $2,570 in the Colombian jungle, while a kilogram of gold can fetch 19 times that, say insiders.

A 7% rally in the price of iron ore came to an abrupt end on Friday.