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Stay up to date with the latest South America updates from the global mining industry

Latest South America Update

Vale uncertain about restart of nickel mines in Canada
02 February, 2012
Brazilian miner Vale said it has not yet decided upon a specific date to restart production at eight mines in Ontario, Canada, following temporary closure of mining...
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GoldSands signs JV agreement with Mineros
Friday, January 27, 2012 GoldSands Development Company has signed a mineral rights option as well as a joint venture agreement with Colombia-based...

FAM gets positive metallurgical results for Bolivian project
Monday, January 23, 2012 Ferrum Americas Mining has received positive results from preliminary magnetic separation metallurgical test work at its Cerro Rojo iron ore project in eastern...

Franklin Mining, Bolser sign agreement for Bolivian mine project
Wednesday, January 18, 2012 Franklin Mining has finalised a six-month agreement with Bolser to provide civil and mechanical works for the Escala mine project located in Potosí,...

Capstone awards contract for feasibility study to AMEC
Tuesday, January 17, 2012 Capstone Mining's subsidiary has awarded a contract to AMEC for the preparation of a feasibility study for its Santo Domingo Iron Oxide-Copper-Gold project located in...

AXG Mining signs options agreement with Lara Exploration
Tuesday, January 17, 2012 AXG Mining has signed option agreements with Lara Exploration for the exploration of copper, gold and molybdenum porphyry projects in the Andahualyas Yauri mineral field located in south...

KPMC buys 20% stake in Inmet's Copper project
Friday, January 13, 2012 Korea Panama Mining Corp (KPMC) will buy a 20% equity interest in Cobre Panama copper project located in...

Goldcorp gains approval for $3.9bn El Morro project in Chile
Tuesday, January 10, 2012 Goldcorp's board of directors have approved the construction of the El Morro Project in northern...

Zuari-Mitsubishi JV buys 30% stake in Fospac
Wednesday, January 04, 2012 MCA Phosphates, a Singapore-based joint venture (JV) between Zuari Industries and Mitsubishi Corporation of Japan, has acquired a 30% stake in Fosfatos del Pacifico (Fospac) of Peru for a...

FDG Mining begins drilling at Nicaraguan concession
Monday, December 12, 2011 Canadian based FDG Mining has begun the first phase of the drilling programme on its Topacio concession located in east central...

Kinross Gold reaches agreement with Ecuador Government
Wednesday, December 07, 2011 Canada-based Kinross Gold Corporation has reached a non-binding agreement with the Government of Ecuador for the Fruta del Norte (FDN) deposit located in Zamora Chinchipe...

Amarillo Gold completes PFS for Brazilian gold deposit
Wednesday, November 30, 2011 Amarillo Gold has completed a pre-feasibility study (PFS) on its Posse gold deposit in the Mara Rosa gold project in Goias,...

Anglo American delivers first copper production from Chilean project
Monday, November 28, 2011 Anglo American has delivered the first copper production from its Los Bronces expansion project in central...

Guyana Goldfields receives mining licence for Guyana gold project
Tuesday, November 22, 2011 Canadian firm Guyana Goldfields has signed a mineral agreement with the Government of Guyana and has received a mining licence for its Aurora gold...

Firestone selects AmmLeach process for Guatemala project
Friday, November 18, 2011 Firestone Ventures has selected Alexander Mining's AmmLeach processing method for its Torlon Hill project in...

Shandong Gold eyes Jaguar Mining for $1bn
Friday, November 18, 2011 Shandong Gold Group has made an offer to acquire Brazilian firm Jaguar Mining for $1bn by paying $9.30 per share in...

JSPL to develop Bolivian Iron ore mines
Tuesday, November 15, 2011 Jindal Steel & Power (JSPL) plans to invest $600m in the development of the El Mutun iron ore mines in Bolivia over the next six...

Mitsubishi acquires stake in AAS for $5.39bn
Monday, November 14, 2011 Mitsubishi has completed the acquisition of Anglo American's 24.5% interest in Anglo American Sur (AAS) for...

Vanadio secures loan facility for Brazilian project
Friday, November 11, 2011 Largo Resources' subsidiary Vanadio de Maracas has received a loan facility of $150m for the development of its Maracas vanadium project in...

Outotec to provide process solution to Chilean project
Thursday, November 10, 2011 Quadra FNX Mining has awarded a €26m contract to Outotec for the design and delivery of a process solution for the new copper-molybdenum concentrator at the Gorda project in Sierra Gorda,...

Codelco to acquire stake in Anglo American Sur for $9.76bn
Tuesday, November 01, 2011 Corporación Nacional del Cobre de Chile (Codelco)'s board has agreed to exercise its right to acquire up to 49% of Anglo American Sur in January 2012 for about...

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