CENTRAL SOUTH AMERICA

Chile's Molibdenos y Metales (Molymet) will invest $390mn in Molycorp

Thursday , 02 Feb 2012
The world's leading processor of molybdenum and rhenium, Molymet will invest $390 million in Molycorp in exchange for a 13% equity interest and a seat on Molycorp's board.

Continental Gold cuts more strong gold intercepts in Colombia

Thursday , 02 Feb 2012
Nine new drill holes help Continental Gold expand two key gold-silver systems further beyond resource limits at its Buritica project in Colombia.

Vale/China iron ore ship dispute deepens

Wednesday , 01 Feb 2012
China closed off its ports on Tuesday, denying Brazilian miner Vale access to berth its giant iron ore carriers, a move likely to worsen the growing trade dispute between the two countries.

Increasing lithium supplies likely to meet demand: Daniela Desormeaux

Friday , 27 Jan 2012
Daniela Desormeaux takes a global macroeconomic view of the lithium industry and sees a promising future for demand, but matched by supply growth. Energy Report interview.

Caspiche gold deposit makes Exeter a takeover target

Wednesday , 25 Jan 2012
As major miners scour the globe for ever-rarer multi-million ounce gold deposits, Exeter's Caspiche deposit in Chile makes it a "tantalizing prospect".

International review of Newmont's Conga project EIS due in March

Monday , 23 Jan 2012
Peru's Minister of Energy and Mines has published performance indicators aimed at achieving the goals of the nation's 2012 national mining and energy policy.

Boost for gold mining as Argentina's Rio Negro Province repeals cyanide ban

Friday , 20 Jan 2012
Pan American Silver says changing to mining legislation in the Rio Negro Province will allow the company to advance its Calcatreu gold development project.

Positive PFS for Exeter's Caspiche gold-copper mega project

Tuesday , 17 Jan 2012
Exeter Resource has published results of a positive pre-feasibility study on its massive Caspiche gold-silver-copper project in Chile's Maricunga region.

FL Smidth awarded Latin American copper mine equipment contract

Tuesday , 17 Jan 2012
The Danish HQ'd company has been awarded a mjor contract for the supply of mineral processing equipment for a South American copper mining operation

Unigold drills 73m at 2.36 g/t gold - shares skyrocket

Monday , 16 Jan 2012
A strong gold exploration drill result at a project in the Dominican Republic propelled Unigold shares to lofty heights on Monday

Peru's Dec Cabinet shuffle boosts presidents' approval rating

Monday , 16 Jan 2012
According to an Ipsos Apoyo poll, President Ollanta Humala's Cabinet shuffle following fierce protests against Newmont Mining's Conga project lifted his approval rating as it rose to 54% in January.

Heavy rains impact Vale's Brazil iron ore shipments

Thursday , 12 Jan 2012
The iron ore miner halted some of its shipments from Brazil on Wednesday as heavy rains continued to affect its operations in the southeastern region of the country.

Codelco asks Chilean court to enforce disputed Anglo option

Wednesday , 11 Jan 2012
The growing legal row between Codelco and Anglo American over the disputed option to 49% of the latter's S.Chilean assets escalated Tuesday after Codelco requested damages for breach of contract.

Huge Conga copper-gold mine community benefits - Newmont

Friday , 06 Jan 2012
Newmont has released details regarding the positive social and environmental investments made in the controversial Conga copper-gold project in Peru.

Peru's gold output tumbles 12.22%, silver down a tad in November

Wednesday , 04 Jan 2012
Peru's Ministry of Energy and Mines reported gold, silver, lead, tin and zinc production all weakened in November 2011.

Anglo Rebuffs Codelco once again

Tuesday , 03 Jan 2012
An ever lengthier legal battle looms, as Anglo American reiterates its stance that Codelco's attempt to enforce an option over its S. Chile operations is unenforceable.

Mineweb's Gold Guru for 2011 - Price prediction competition results

Tuesday , 03 Jan 2012
Gold price prediction can be a bit of a lottery, but Mineweb readers overall do pretty well in our annual gold price competition. Results of the 2011 competition and entry form for 2012.

Codelco exercises option in bid to lock in Anglo stake

Tuesday , 03 Jan 2012
The miner says it has exercised its disputed option to buy a stake in Anglo's S. Chile assets but would consider a smaller stake if Anglo proposes a formula that safeguards its full value.

2012 Mineweb gold price competition kicks off

Friday , 23 Dec 2011
The 2012 edition of Mineweb's gold price prediction competition is here; in 2011, Mineweb readers' average predictions have been comfortably more accurate than those of ‘experts' in a similar LBMA exercise.

Iamgold suits up for Colombian gold

Wednesday , 21 Dec 2011
In an interview with Mineweb, Steve Letwin, Iamgold president and CEO, outlines the intermediate gold producers strategy on Colombia.

Conga mine talks break down again

Tuesday , 20 Dec 2011
A new round of talks to end the dispute over the gold project in Peru appeared to break down on Monday after the prime minister excluded environmental activists from the mediation effort.

Closure demand for Goldcorp's Marlin Mine withdrawn

Tuesday , 20 Dec 2011
An OAS Human Rights Commission has modified a May 2010 order that the Guatemalan government suspend operations at Goldcorp's Marlin gold mine.

OK given for Goldcorp to up Cerro Negro gold mine throughput by more than 2x

Saturday , 17 Dec 2011
With new permits in hand a key driver of Goldcorp's future growth - Cerro Negro in Argentina - can now open as a 550,000 ounce gold a year mine.

Crucial land use agreement for Torex Morelos gold project

Friday , 16 Dec 2011
If it wants to build a mine, Torex needs to sign long term leases governing surface rights over its Morelos project, comprising 3 million ounces of gold.

Peru to lift state of emergency imposed to quell Conga protests

Friday , 16 Dec 2011
The country has decided to lift the state of emergency in the northern region of Cajamarca and reopen negotiations with protestors opposed to Newmont's $4.8bn Conga mine

Surging gold price spurs wave of violence in Guyana

Wednesday , 14 Dec 2011
A wave of killings and violent assaults has gripped the deep Guyanese jungle where wildcat miners, lured by soaring gold prices, have come to seek their fortunes.

Peru's new mines minister to promote investment

Tuesday , 13 Dec 2011
Newly elected Peruvian mines and energy minister, Jorge Merino, has pledged to bring private investment to the country's vast mining sector.
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Junior gold stocks to prosper, copper on brink of rebound - Joe Mazumdar

Saturday , 04 Feb 2012
Joe Mazumdar talks about why he sees mergers and acquisitions as key catalysts for a rebound in the junior gold space in 2012. Gold Report interview.
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