Latin America

The Aurora gold project being developed by Guyana Goldfields (GGL) is located in Cuyuni-Mazaruni, Guyana, South America. It is an open pit and underground mining operation spread across an area of 12km². The open pit operations are initially targeted...

Suriname Gold Company (Surgold), a wholly-owned subsidiary of Newmont Mining Corporation, is developing the Merian gold mine approximately 66km south of Moengo and 30km north of the Nassau Mountains in Suriname.   Suriname's Ministry of Natural Resources granted environmental...

The Minas-Rio iron ore mining project is situated in the states of Minas Gerais and Rio de Janeiro in the south-eastern region of Brazil. It is 100% owned by Anglo American through its subsidiary, Iron Ore Brazil. The mine's...

Torrecillas is a high-grade gold project being developed by Australian mining company Minera Gold, in the Chala district of Arequipa, Southern Peru. Minera Gold, formerly known as Mundo Minerals, acquired the underground mining project from Sociedad Minera Surex in...

Brazilian iron ore producer Vale is looking to spin-off its base metal business, which could be worth up to $14bn.   The company said that slumping iron ore prices have prompted it to concentrate on its core business.  ...

A mining unit the Vedanta Group Sesa Sterlite has approved the plan to invest $782m in development of the Gamsberg-Skorpion Integrated Zinc project in South Africa and Namibia.   The monies will be used to build an open pit...

Chile's state-owned copper production company Corporación Nacional del Cobre de Chile (Codelco) has secured a $300m loan from Export Development Canada (EDC).   Codelco, which produces about 11% of the world's copper, is planning to invest around $23.5bn over...