Latin America
Oban Mining Corporation announces acquisition of 19.9% of shares of Metals Creek Resources Corp.
Oban Mining Corporation (TSX:OBM) ("Oban") has agreed to acquire 4,930,000 common shares ("MEK Shares") in the capital of Metals Creek Resources Corp. ("Metals Creek") for total consideration of approximately $346,850, of which (i) 1,760,000 MEK Shares will be acquired...
Latin America
Barrick Gold sells four US mines for $720 million
Barrick Gold sells four US mines for $720 millionThe Bald Mountain open-pit gold mine is just one of the assets Barrick is unloading. (Image courtesy of Barrick Gold) Canada’s Barrick Gold (TSX, NYSE:ABX), the world's biggest gold producer, is...
Latin America
BHP Billiton hits decade low on Brazil tragedy update
BHP Billiton hits decade low on Brazil tragedy updateBHP revealed the tailings now extend 440 kilometers (273 miles) downstream through remote mountain valleys from the mine site. BHP Billiton (ASX:BHP) shares collapsed Friday in Sydney, hitting a 10-year low...
Latin America
Tahoe surges on strong results
Peruvian Shahuindo project first pour early next yearShares of Tahoe Resources Inc (NYSE:TAHO) shone in an otherwise lacklustre day on precious metals markets after the company announced better than expected third quarter financial results on the back of a...
Latin America
Review: The 33 trivializes the Chilean mining accident, and it’s also boring
If you enjoy the feeling of being trapped, maybe you’ll enjoy The 33. The unavoidable consequence of making a movie in which the main characters are confined to a small, dark space for much of the film is that...
Latin America
Vale: ‘Several years’ to recover from Brazil mine disaster
Vale (NYSE:VALE) said on Monday that it would take several years for Brazil's Doce river to recover following a deadly tailings dam burst at an iron ore mine it jointly owns with BHP Billiton (LON:BHP, ASX:BHP). In an update...
Latin America
Global coal imports heading for second year of ‘dramatic’ drops
Global coal imports heading for second year of ‘dramatic’ dropsNearly all of the 47% growth in total world coal trade between 2008 and 2013 was driven by rising coal import demands by countries in Asia, specifically China and India…...
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