CENTRAL SOUTH AMERICA

STRIKE ACTION

Buenaventura union to strike again next week

Friday , 19 Mar 2010
Union workers at the Peruvian precious metals miner said they would go on strike again next Friday after demands for a greater share of profits were not met.
EXPLOSIVES RESTRICTIONS LIFTED

Full operations to resume at Cerro San Pedro gold mine - New Gold

Thursday , 18 Mar 2010
Operations at the mine were suspended in November last year after Mexico's environment ministry, revoked the mine's 2006 environmental permit.
ALLEGED LABOR, HUMAN RIGHTS, ENVIRONMENTAL VIOLATIONS

Unions ask Norway's Govt. Pension Fund to drop Grupo Mexico holdings

Wednesday , 17 Mar 2010
Fed-up Mexican mining unions are aiming to hit Grupo Mexico where it hurts the most, convincing institutional investors to divest Grupo shares.
LA OROYA

Doe Run Peru could restart La Oroya smelter within six weeks - union

Tuesday , 16 Mar 2010
The smelter has been inactive for nine months because the company got into financial difficulties
ANALYSIS

REALITY CHECK: Chilean power grid woes may spell big trouble for future copper supplies

Tuesday , 16 Mar 2010
An already over-taxed power supply, exacerbated by a fragile power system damaged by a powerful earthquake and aftershocks, could eventually prove problematic for the Chilean mining sector.
CHILEAN POWER OUTAGE

Key Chilean copper mines restart after blackout

Monday , 15 Mar 2010
Two weeks after an 8.8 -magnitude earthquake most of the country was left without power when a transformer failed in the central electricity grid
U.S. LARGEST EXPORT MARKET

Copper helps boost Peru's regional exports by 65%

Monday , 15 Mar 2010
Metals exports helped Peruvian exports post a strong rebound to $2.4 billion in January.
EXTORRE ON THE BOARDS

Exeter's gold company split now approved and going live

Saturday , 13 Mar 2010
Canadian gold junior Exeter Resource Corp. has had its proposal to split into two separate companies approved to handle two very different types of gold deposit.
AFTERSHOCKS

Chilean mining, refinery sectors escape damage during aftershocks

Friday , 12 Mar 2010
Seven tremors, one 6.9 in magnitude, rocked the quake-ravished country but both Codelco and Anglo American say their mines were unharmed
METALS NEEDED FOR RECONSTRUCTION

Undamaged Chilean mining sector powerful economic rebuilding tool for Chile's new president

Thursday , 11 Mar 2010
As Sebastian Pinera assumes Chile's presidency today, an economically powerful and healthy domestic mining sector could prove a powerful tool in the rebuilding of the earthquake damaged nation.
CHILE DISASTER

Anglo American restarts copper mines in Chile

Monday , 08 Mar 2010
The diversified miner said in a statement out Monday it had restarted operations at Ls Bronces and El Soldado
CHILE EARTHQUAKE

Chilean mines back at full power but, refineries still down

Wednesday , 03 Mar 2010
Mines seem to have emerged largely unscathed by the 8.8-magnitude earthquake in the copper-producing nation and are back at work after stable power was supplied.
MINOR IMPACT ON FUTURE COPPER PRICES

Numerous Chilean mining operations unaffected by massive earthquake

Tuesday , 02 Mar 2010
Chile's mining sector largely escaped damage in the massive earthquake which has killed 723 people and left two million homeless.
CHILEAN QUAKE

Mines in Chile limp back to life

Monday , 01 Mar 2010
The market impact on supply appears to have been limited
CHILE DISASTER

Anglo American restarts copper mines in Chile

Monday , 01 Mar 2010
The diversified miner said in a statement out Monday it had restarted operations at Los Bronces and El Soldado
COPPER MARKET UPDATE

Copper hits five-week high on supply fears

Monday , 01 Mar 2010
Concerns around supply in top producer Chile, devastated by an 8.8 earthquake boosted prices of the metal.
QUILAVIRA ACQUISITION

New Peruvian gold project for Minera IRL

Friday , 26 Feb 2010
Growing Peruvan gold miner, Minera IRL, is to acquire an ex-Newcrest gold exploration project in the south of the country.
HIGHER ORE GRADES AT OLDER MINES

Copper output up 16% in 2009 - Codelco

Friday , 26 Feb 2010
The good results, reversing years of dwindling production, could cloud the new-president elect's plans to "slim down" the copper miner.
STRIKE ACTION

Buenaventura workers to strike again

Wednesday , 24 Feb 2010
The workers said Tuesday they plan to resume their strike on March 4
BRAZILIAN MINING

Australia's Troy Resources hit by another gold robbery

Tuesday , 23 Feb 2010
The Australian gold miner has had its second encounter with gold thieves in Brazil.
NMDC EYEING 6 FOREIGN PROPERTIES

India's largest iron ore miner NMDC rumored to be investing in Brazilian iron ore

Tuesday , 23 Feb 2010
India's largest iron ore miner, NMDC, is allegedly investing outside the country for the first time in order to meet the needs of India's growing steel manufacturing sector.
NOT OUT OF THE WOODS YET

Union brings Buenaventura strike to a close

Monday , 22 Feb 2010
Miners at the Peruvian mine returned to work on Saturday but said another strike may begin on March 3
REMAINS OF 65 MINERS NEVER RECOVERED

Widows of Pasta de Conchos Mexico mining disaster sue in U.S. District Court

Friday , 19 Feb 2010
Four years ago today, 65 Mexican miners perished at the Pasta de Conchos coal mine in a powerful methane gas explosion. Three of their widows have sued Grupo Mexico claiming negligence.
STRIKE ACTION

Buenaventura says strike should end early next week

Friday , 19 Feb 2010
The Peruvian precious metals miner is planning for a Monday restart
STRIKE ACTION

Buenaventura strike drags into day five

Thursday , 18 Feb 2010
Workers at Peru's largest precious metals miner extended their strike after govenrment's efforts to broker a deal failed
POINT OF CHILEAN LAW

Goldcorp/New Gold close El Morro copper/gold project deal, but Barrick will still sue

Thursday , 18 Feb 2010
Goldcorp and New Gold closed the El Morro deal Tuesday, but Barrick will still challenge it in the Canadian courts.
ANTI-MINE PROTEST

Argentine Judge halts work at Yamana mine after violence erupts during protests

Thursday , 18 Feb 2010
Protests by anti-mining activists at the Canadian gold diggers Acua Rica project in Argentina's Catamarca province turned ugly Wednesday and a ruling was made to suspend work done locally
INVESTOR HUB: Gold / Copper

   


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