CENTRAL SOUTH AMERICA

CHILE DISASTER

Anglo American restarts copper mines in Chile

Monday , 08 Mar 2010
The diversified miner said in a statement out Monday it had restarted operations at Ls Bronces and El Soldado
CHILE EARTHQUAKE

Chilean mines back at full power but, refineries still down

Wednesday , 03 Mar 2010
Mines seem to have emerged largely unscathed by the 8.8-magnitude earthquake in the copper-producing nation and are back at work after stable power was supplied.
MINOR IMPACT ON FUTURE COPPER PRICES

Numerous Chilean mining operations unaffected by massive earthquake

Tuesday , 02 Mar 2010
Chile's mining sector largely escaped damage in the massive earthquake which has killed 723 people and left two million homeless.
CHILEAN QUAKE

Mines in Chile limp back to life

Monday , 01 Mar 2010
The market impact on supply appears to have been limited
CHILE DISASTER

Anglo American restarts copper mines in Chile

Monday , 01 Mar 2010
The diversified miner said in a statement out Monday it had restarted operations at Los Bronces and El Soldado
COPPER MARKET UPDATE

Copper hits five-week high on supply fears

Monday , 01 Mar 2010
Concerns around supply in top producer Chile, devastated by an 8.8 earthquake boosted prices of the metal.
QUILAVIRA ACQUISITION

New Peruvian gold project for Minera IRL

Friday , 26 Feb 2010
Growing Peruvan gold miner, Minera IRL, is to acquire an ex-Newcrest gold exploration project in the south of the country.
HIGHER ORE GRADES AT OLDER MINES

Copper output up 16% in 2009 - Codelco

Friday , 26 Feb 2010
The good results, reversing years of dwindling production, could cloud the new-president elect's plans to "slim down" the copper miner.
STRIKE ACTION

Buenaventura workers to strike again

Wednesday , 24 Feb 2010
The workers said Tuesday they plan to resume their strike on March 4
BRAZILIAN MINING

Australia's Troy Resources hit by another gold robbery

Tuesday , 23 Feb 2010
The Australian gold miner has had its second encounter with gold thieves in Brazil.
NMDC EYEING 6 FOREIGN PROPERTIES

India's largest iron ore miner NMDC rumored to be investing in Brazilian iron ore

Tuesday , 23 Feb 2010
India's largest iron ore miner, NMDC, is allegedly investing outside the country for the first time in order to meet the needs of India's growing steel manufacturing sector.
NOT OUT OF THE WOODS YET

Union brings Buenaventura strike to a close

Monday , 22 Feb 2010
Miners at the Peruvian mine returned to work on Saturday but said another strike may begin on March 3
REMAINS OF 65 MINERS NEVER RECOVERED

Widows of Pasta de Conchos Mexico mining disaster sue in U.S. District Court

Friday , 19 Feb 2010
Four years ago today, 65 Mexican miners perished at the Pasta de Conchos coal mine in a powerful methane gas explosion. Three of their widows have sued Grupo Mexico claiming negligence.
STRIKE ACTION

Buenaventura says strike should end early next week

Friday , 19 Feb 2010
The Peruvian precious metals miner is planning for a Monday restart
STRIKE ACTION

Buenaventura strike drags into day five

Thursday , 18 Feb 2010
Workers at Peru's largest precious metals miner extended their strike after govenrment's efforts to broker a deal failed
POINT OF CHILEAN LAW

Goldcorp/New Gold close El Morro copper/gold project deal, but Barrick will still sue

Thursday , 18 Feb 2010
Goldcorp and New Gold closed the El Morro deal Tuesday, but Barrick will still challenge it in the Canadian courts.
ANTI-MINE PROTEST

Argentine Judge halts work at Yamana mine after violence erupts during protests

Thursday , 18 Feb 2010
Protests by anti-mining activists at the Canadian gold diggers Acua Rica project in Argentina's Catamarca province turned ugly Wednesday and a ruling was made to suspend work done locally
OBAMA ADMINISTRATION HELP SOUGHT

Striking miners vow to not give up Cananea without a fight

Monday , 15 Feb 2010
In spite of a court decision favoring Grupo Mexico, which even the union's attorney has deemed to be final, striking miners say they won't give up the Cananea copper mine after a 2.5 year battle.
STRIKE BEGAN IN JULY 2007

Mexican court rules Cananea mine in force majure

Friday , 12 Feb 2010
The ruling means the mine owner, Grupo Mexico can terminate the contracts of workers who have been on strike for over 2 years
CAP SHARES DOWN 2.4%

Mitsubishi to take stake in CAP mining unit

Thursday , 11 Feb 2010
The Chilean metals producer said the deal for the 25% stake is worth $924m
WILL BOOST POTASH, PHOSPHATE ROCK ASSETS

Vale says it will struggle to satisfy iron ore, nickel demand this year

Thursday , 11 Feb 2010
The world's top iron ore miner says it is "confident in the expansionary trend of the demand for minerals and metals" and views 2010 "as a very promising year."
ASARCO ACQUISITION REAPS $1.024BN TAX SAVINGS

Grupo Mexico predicts growth in copper and other metals, reversing upward inventories trends

Monday , 08 Feb 2010
With the re-acquisition of U.S. copper miner Asarco, Grupo Mexico claims it is now the world's top company in terms of copper reserves.
ALTITUDE FRIENDLY EQUIPMENT

Sandvik wins major Pascua Lama gold mine sales contracts

Thursday , 04 Feb 2010
Drills, loading and transportation equipment and crushers are to be delivered to Barrick's huge Pascua Lama gold/silver mine on the Chile/Argentina border by Swedish headquartered Sandvik.
ATTEMPT TO SAVE FORESTS THE SIZE OF ENGLAND

Guyana's miners launch protest against tree-felling restrictions

Tuesday , 02 Feb 2010
The restrictions are part of a $250m carbon deal with Norway aimed at continuing the low carbon development strategy currently being pursued by the country's president
INVESTING $2.8 BN OVER 3 YEARS

Southern Copper Q4 profit $363.4 million against loss a year ago

Saturday , 30 Jan 2010
Peru's Southern Copper, one of the world's largest copper miners made a huge turnaraound compared with a year ago with substantial increases in sales and profits.
POTASH DEMAND

Vale to buy Bunge's fertilizer assets for $3.8bn

Thursday , 28 Jan 2010
The deal does not include any of the US-based company's Brazilian retail or distribution business
STRIKE ACTION CONTINUES

Grupo Mexico offers new deal to end Cananea strike

Thursday , 28 Jan 2010
The copper miner has offered to buy out unionized workers in an effort to end the two-year old strike
INVESTOR HUB: Gold / Copper

   


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