Latin America
Latin America
Grupo Mexico to spend $151m on toxic spill clean-up at Buenavista copper mine
Grupo Mexico and its subsidiaries have agreed to spend $151m to clean-up the toxic spill at its Buenavista del Cobre copper mine in Sonara last month. The decision is part of the agreement between Grupo Mexico and the...
Latin America
ABB to deploy automation and electrical equipment at Vale’s Carajas mine in Brazil
Swiss engineering firm ABB has secured a $103m contract from Brazilian mining giant Vale to supply and install electrical and automation systems at its $17.6bn Carajas Serra Sul iron ore project (S11D) in Para state, Brazil. This latest...
Latin America
Strike action forces Shougang Hierro Peru to halt iron ore production
The on-going strike by workers of Shougang Hierro Peru mine, a unit of China's Shougang Group, has forced the company to halt its iron ore production and declare force majeure on shipments. Shougang Hierro Peru country manager Raul...
Latin America
Chile imposes $4.5m fine on Anglo American Sur for environmental violations
The Chilean environmental regulator SAM has imposed a $4.5m fine on Anglo American Sur, a subsidiary of London-based Anglo American, for breaching environmental regulations at its El Soldado copper mine. El Soldado is one of the five copper...
Latin America
Freeport halts Candelaria mine sale negotiation over Chilean tax uncertainty
Freeport-McMoRan Copper & Gold has halted negotiations with Canada's Lundin Mining over the proposed sale of its Candelaria copper mine in Chile for more than $2bn, after the country made changes to its tax regime. The company has...
Latin America
Five missing and 22 rescued from collapsed mine in Nicaragua
An urgent search operation is underway to free five miners who became trapped in an unlicensed gold and silver mine in Nicaragua, after it collapsed on Thursday due to a landslide. Rescuers have successfully saved 22 workers since...
Latin America
Chilean mining industry to invest $105bn over a decade, Cochilco says
The Chilean mining industry will invest $105bn in mining projects across the country over the next decade from this year to 2023, according to the Chilean Copper Commission (Cochilco). Of the total investments, $81bn will go towards the...
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