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First iron ore ships from Anglo American’s Minas-Rio operation in Brazil

Anglo American has started shipping first the iron ore produced from its Minas-Rio project in Brazil to customers in China.   The company has...

Kinross Gold to sell Ecuador assets to Fortress for $240m

Canada-based Kinross Gold has signed a deal with Fortress Minerals, a division of the Lundin Group, to sell its 100% stake in Aurelian Resources...

Mexican mine spill releases 11,000t of toxic material in rivers

Another mine spill has been reported in Mexico, which has poured around 11,000t of toxic material into the country's rivers.   The incident occurred...

MMX Mineracao seeks bankruptcy protection in Brazil

Brazil-based iron ore producer MMX Mineracao & Metalicos' subsidiary, MMX Sudeste Mineracao, has filed for bankruptcy protection from creditors in a Belo Horizonte court....

MMG to invest $3bn in Las Bambas copper mine construction in Peru

China-based mining firm MMG is planning to invest between $2.7bn and $3.2bn in completing the construction of its Las Bambas copper mine in Peru....

Newmont begins work on $1bn gold mining project in Suriname

Newmont Mining has started construction on its $1bn Merian Gold project in Suriname, South America.   Located around 40 miles south of Moengo, the...

Anglo American may sell $1bn of copper assets in Chile

Anglo American is reportedly planning to sell its $1bn worth of copper assets in Chile by the end of this year.   According to...

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