Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…
Articles by Cecilia Jamasmie
Bolivian Indigenous group declares local emergency as gold mining co-ops eye protected areas
The Indigenous Peoples of La Paz Central Group (CPILAP) issued a local state of emergency in the Bolivian department of La Paz following an attempt by gold mining cooperatives to…
Chile’s Supreme Court awards $1.4M to 31 of the 33 miners trapped in 2010
Chile’s Supreme Court awarded $1.4 million to 31 of the 33 miners that were trapped for two months, back in 2010, 700 metres below the surface in the San José…
Amplats taps finance director to replace Viljoen as new CEO
Anglo American Platinum (JSE: AMS) — Amplats — has named its current finance director Craig Miller as the new chief executive officer of the company, effective Oct. 1. Miller will…
Teck cuts copper guidance on lower output at QB2
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, has revised down copper production targets for the year after its Quebrada Blanca 2 open-pit mine in northern Chile…
Rio Tinto to miss 2025 emissions cuts targets
The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.
Colombia names leftist engineer as new mining minister
Andrés Camacho, 42, will be in charge of Colombia’s transition away from its two main sources of revenue: oil and coal.
De Beers US$2.3B Venetia mine expansion yields first diamonds
De Beers, the world’s largest diamond producer by value, announced on Tuesday it had recovered the first diamonds from its new US$2.3-billion ($3 billion) underground operations at the Venetia mine in South…
Albemarle moves ahead with Kemerton plant expansion
It has awarded a A$200 million ($135m) contract to engineering company Monadelphous Grouppertaining.
Bluejay Mining goes solo at Finland project as JV with Rio Tinto ends
Bluejay Mining (LSE: JAY) said Monday that it will take full ownership of the Enonkoski nickel-copper-cobalt project in Finland, as its joint-venture agreement with Rio Tinto has ended. The London-based…
South32 takes US$1.3B charge on Arizona project
Australia’s South32 (ASX: S32; LSE: S32) announced on Monday a US$1.3 billion ($1.7 billion) non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which will be reflected in…
Colombia takes aim at ‘mining disorder’ with proposal limiting activity in vulnerable ecosystems
Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations. The decree, which can be…