SANTIAGO – Heavy snowfall in Chile’s southern region of Aysén has complicated efforts to rescue two miners who have been trapped for a week at Mandalay Resources’ (TSX:MND) mine, after the section in which they […]
JAKE LEFFEW & JACK BROOK The Santiago Times Staff SANTIAGO – Two miners are missing after a flooding incident at a Canadian-owned mine in Chile’s southern Aysen region, according to a statement issued Friday by […]
SANTIAGO – Shares in Mandalay Resources Corp (TSX:MND) were down Friday morning after the Canadian miner revealed it had suspended operations at its Cerro Bayo underground silver-gold mine in Chile, following an incident that cause […]
SANTIAGO – Heavy rains lashed the high altitude desert region of Antofagasta overnight and into Wednesday, suspending key operations at major mines in northern Chile. BHP Billiton’s Escondida, the world’s biggest copper mine, said it […]
SANTIAGO – One of the world’s highest-grade gold mines in Chile has been closed and its operator has declared bankruptcy due to a lack of working capital. The Pimenton mine, owned by Toronto-based Cerro Grande […]
SANTIAGO – Chile reported an unexpectedly low wine harvest in April, contributing to the country’s weakest industrial output reading in nearly three years, according to government data published Tuesday. Chilean manufacturing production fell 7.5 percent […]
BRASILIA – Miners have found a 4.3-foot (1.3-meter) tall emerald weighing more than 790 pounds in Brazil’s northeastern state of Bahia. The precious stone was found about 20 days ago by miners of the Bahia […]
SANTIAGO – Copper prices lost ground in April, compounding the slight fall observed in March. Copper prices averaged U.S Dollar 2.58 per pound (equivalent to $5,682 per ton) in April, representing a 2.5% monthly decline […]
SANTIAGO – A supervisor at the Salvador copper mine owned by Chile’s Codelco [COBRE.UL] died in an accident on Tuesday. His death caused the state-owned company to suspend operations at its concentrator plant. The death […]
SAN SALVADOR – The smallest country in Central America – El Salvador – has approved a law prohibiting all metal mining in an attempt to protect the environment and natural resources, becoming the first country […]
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