Latin America Mining News

Codelco chief criticizes low productivity, regulatory hurdles in Chile

Codelco Chief Executive Nelson Pizarro said in a presentation on Friday that regulatory hurdles were only adding to problems that have long plagued Chile's mines.

Brazil's Usiminas approves 1.38B reais in new investments

The board of Brazilian steelmaker Usiminas has approved roughly 1.38 billion reais ($344 million) in new capital expenditures.

Brazil's Vale names logistics exec as new coal and ferrous metals chief

The world's top iron ore miner has named Marcelo Spinelli as its new head of coal and ferrous metals.

Earthquake rattles northern Peru near gold and copper mines

The tremor prompted officials to activate emergency protocols.

Workers at Codelco’s Chuquicamata mine to vote on strike action

Unionized workers rejected on Saturday the miner’s final contract negotiation offer and announced that they will vote on a proposal to go on strike.

Anger mounts at Vale in Brazil town at risk for new dam burst

The Minas Gerais environment secretary estimated this week that the dam had a 10-15% chance of collapsing.

Max positive about initial results of exploration program in Colombia

The Canadian miner reported that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold.

Chile’s Codelco dismisses rumoured 40% copper output drop at Chuquicamata

The state-owned copper miner said that since mining at the open-pit mine ends in 2020, which is when the underground section begins commercial operations, it will able to keep productive capacity unchanged.

Oldest meteorite collection on earth found in one of the driest places

Researchers have uncovered a wealth of well-preserved meteorites that allowed them to reconstruct the rate of falling meteorites over the past two million years.

Brazil's Vale, China's CCCC to co-invest in northern Brazil steel plant

State-controlled China Communications Construction Co and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment.

Japan's JFE head says not expecting further rise in iron ore prices

The iron ore market is surging, with prices last week topping the $100-per-tonne level for the first time in five years.

World’s No. 2 lithium miner SQM sees demand growing by 17% this year

The Chilean lithium producer expects demand to grow about 17% in 2019 to at least 315,000 tonnes, compared to the less than 260,000 tonnes it totalled last year.

Zambia's Chamber of Mines just deepened worries of sinking global copper output

Copper output in Africa’s second largest producing country could decline by as much as 100,000 tonnes this year, adding to recent, sharp declines at the world’s main producing nations.

ICMM 2018 mining safety data released

The single highest cause of deaths in 2018 was from mobile mining equipment — the ICMM is exploring collision avoidance technology.

Iron ore is surging, but not all producers are joining the party — opinion

While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.

China's MMG says Las Bambas copper operations not disrupted, talks ongoing

The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down.

Peruvian village blockades Las Bambas copper mine again

The blockade would be resumed pending further response from the miner and the central government.

BHP more bullish on long-term EV prospects

The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.

Norsk Hydro given nod to restore output at Alunorte alumina plant

The plant, a key supplier to the aluminium industry, currently operates at half of its capacity after a spill in February 2018.

SolGold in talks to finance long-life Ecuador copper project

Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.

Peru leader seeks to rebuild trust in graft-hit political class

Underpinning investor confidence are the country’s vast mineral riches.

BHP joins forces with prospect generator to explore Mexican copper project

Dr. John-Mark Staude, president and CEO of Riverside Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company's just-announced exploration funding agreement with BHP.

Vale says another dam may collapse next week

According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week.

Poland’s KGHM hits production record, expects Sierra Gorda to exceed target

Europe's second-largest copper producer also posted its best quarterly results in the last three years, with revenue rising by PLN 1.2 billion (about $312 million).

Condor Gold losses narrow as progress at La India pays off

Miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before, as administrative expenses almost halved.