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...
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...
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...
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...
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...
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...
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...