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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...
Latin America
Troy Resources buys $1.1bn of mining equipment for Karouni Gold in Guyana
Australian gold producer Troy Resources has purchased more than $1.1bn worth of mining equipment to help kick-start operations at its $87m Karouni Gold mine in the West Omai region of Guyana, by next year. The purchased equipment includes...
Latin America
Vale secures preliminary environmental licence to expand Carajas mine in Brazil
Brazilian mining giant Vale has secured a preliminary environmental licence from the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis (Ibama) to expand its Carajás mine located in Para state. The licence allows the company to...
Latin America
Torex Gold secures $375m loan to develop El Limon-Guajes gold mine in Mexico
Canadian gold mining firm Torex Gold Resources has raised a $375m loan from a group of banks through its subsidiary Minera Media Luna in order to develop its El Limon-Guajes project in Mexico. Minera has raised the loan...
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