South America

Editorial: Corporate chaos ensnarls Minera IRL

Source: Daily News | 2015-11-24
With Minera IRL shareholders only two days away from possibly voting out the company’s entire board of directors, the saga of the ill-fated, Lima-based junior gold miner is a reminder of just how quickly things can turn sour working in a...

Big data poised to transform mining industry

Source: Daily News | 2015-11-19
After the excess investment and focus on production volume during the commodities supercycle, the new mantra of the mining sector is all about productivity.

Teck cuts jobs, dividends as commodity prices crash

Source: Daily News | 2015-11-18
Diversified miner Teck Resources (TSX: TCK.B; NYSE: TCK) is slashing jobs and lowering its dividends to protect its liquidity amid the commodity price collapse.

Dynacor finds porphyry at Tumipampa in Peru 

Source: Print Archives | 2015-11-18
Dynacor Gold Mines (TSX: DNG; US-OTC: DNGDF) has discovered a 1.7 km long copper porphyry at its Tumipampa project in the Peruvian Andes that it says could be one of the feeder systems for the gold and copper it has found on the property, 500...

Kinross's scaled-down expansion plan at Tasiast 

Source: Print Archives | 2015-11-18
Kinross Gold (TSX: K; NYSE: KGC) is working on a two-phase, alternative expansion plan at its Tasiast gold mine in Mauritania to turn the asset into a profitable operation.

'Ecuador is the place to be,' Odin geologist says  

Source: Print Archives | 2015-11-11
QUITO, ECUADOR — Diego Benalcazar has worked all over Latin America — from Chile and Peru to Venezuela, Colombia and Mexico — but since mid-2013, the geologist has concentrated on finding projects in Ecuador as Odin Mining and...

BHP, Vale scramble to cope with Samarco disaster 

Source: Print Archives | 2015-11-11
VANCOUVER — Mining giants BHP Billiton (NYSE: BHP; LSE: BLT) and Vale (NYSE: VALE) haven’t offered much detail about a large-scale tailings dam breach at the Samarco iron ore joint venture in Brazil’s Minas Gerais state,...

Editorial: Trans-Pacific Partnership details bring fresh round of scrutiny  

Source: Print Archives | 2015-11-11
Details of the proposed Trans-Pacific Partnership (TPP) trade agreement have been released by the 12 nations that signed its terms on Oct. 5, 2015, after seven years of negotiation.

Another wave of red across Freeport's quarterly results 

Source: Print Archives | 2015-11-04
VANCOUVER — Heavily weighted in the copper and energy business, mining giant Freeport-McMoRan (NYSE: FCX) is enduring the worst of the commodity rout, with big losses announced in its third-quarter fiscal results.  

Miners weigh in on green energy  

Source: Print Archives | 2015-11-04
Technologies in renewable energy sources such as wind, solar, hydroelectricity and bioenergy are improving, making them cheaper and attractive. However, lower commodity prices and tighter margins are among the barriers miners face when adopting...