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Newmont begins work on $1bn gold mining project in Suriname

Newmont Mining has started construction on its $1bn Merian Gold project in Suriname, South America.   Located around 40 miles south of Moengo, the 1,235 acre project belongs to Newmont's wholly owned entity Suriname Gold Company (Surgold), reported The...

Anglo American may sell $1bn of copper assets in Chile

Anglo American is reportedly planning to sell its $1bn worth of copper assets in Chile by the end of this year.   According to media reports, assets up for sale could include the Mantos Blancos and Mantoverde mines, and...

Chile Supreme Court halts Goldcorp’s El Morro mine development

Chile's Supreme Court has halted the development of Goldcorp's El Morro gold and copper mine and told the company to hold consultations with the Huascoaltinas Diaguita indigenous group and farmers.   The $3.9bn El Morro mine is 70%-owned by...

Lundin Mining to buy Freeport’s 80% stake in Chilean copper mine for $1.8bn

Canada-based Lundin Mining has signed a deal to buy Freeport-McMoRan's 80% stake in the Candelaria / Ojos del Salado copper mining operations and related assets in Chile for $1.8bn.   The purchase includes a large open pit mine, three...

US court upholds 20-year ban on uranium mining near Grand Canyon

A US federal court has upheld the 20-year uranium mining ban on one million acres of land near the Grand Canyon in Arizona, the US.   The ban was imposed by the Department of the Interior in January 2012...

Anglo American gets licence for Minas-Rio iron ore mining project in Brazil

Mining giant Anglo American has received a licence from Brazil's environmental agency Ibama to start production at the Minas-Rio iron ore mine and processing plant in the Minas Gerais state.   Located on the south-east border of the São...

Anglo American gains environmental approval for slurry pipe at Minas Rio in Brazil

Mining giant Anglo American has received approval from Brazil's environmental agency Ibama to operate a slurry pipe at its Minas Rio iron ore project in Brazil, which is expected to cost $8.8bn.   The company will use the slurry...

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