Brazil billionaire's CCX to list on S.Paulo bourse

Brazilian billionaire Eike Batista's conglomerate, EBX, will list its Colombian coal mining offshoot, known as CCX, on the Sao Paulo stock exchange on May 25, the head of the newly founded company said on Tuesday. The listing would be the fifth...

Brazil's MPX says Colombia coal project viable

Brazil's MPX Energia SA confirmed the technical viability of its San Juan coal project in Colombia, the coal mining and natural gas company said in a statement to Brazilian regulators on Monday.

TNR says received merger approach from unnamed firm

Toronto-listed junior TNR Gold Corp has received an offer from an unnamed company to merge with it to acquire its disputed Argentinean copper-gold properties, the company said late on Friday. TNR did not say what company made the proposal or how...

McEwen Mining gold, silver output dip

TSX- and NYSE-listed McEwen Mining on Wednesday said first-quarter production at the San Jose mine totalled 1.36-million ounces of silver and 20 357 oz of gold – down from production in the same period last year. The San Jose mine, in which...

Argentina out in full force at world's biggest mining confab

McEwen's Minera Andes snubs TNR's settlement offer seeking $125m

US Gold and Minera Andes, the precious metals miners that are set to vote on a merger later this month, rejected an offer from TSX-V-listed TNR Gold to settle a dispute over land claims in Argentina in return for a $125-million payment from Minera...

Veladero mine, Argentina

An openpit mine, situated in Argentina.

Los Filos mine, Mexico

A gold/silver mine in Mexico.

BHP Billiton reports strong iron-ore production growth

Mining giant BHP Billiton’s iron-ore production climbed 24% to 39.57-million tons in the September quarter, with shipments from its Western Australian operations hitting a record annualised rate. The miner, which is spending billions on...

Stillwater calls off notes offering because of bad markets

Platinum and palladium producer Stillwater Mining late on Monday said it was canning a planned debt offering because of dismal market conditions. Chairperson and CEO Francis McAllister said the company had “ample” cash liquidity available to...

Stillwater Mining to buy Peregrine Metals, adding copper

US platinum-group metals miner Stillwater Mining has agreed to buy Canada's Peregrine Metals for $487.1-million, sending shares in the smaller company up 220% by the close in Toronto on Monday. The deal will give Stillwater “immediate scale in...

Troy holds mine opening, announces dividend

TSX- and ASX-listed Troy Resources has officially opened its Casposo gold/silver mine in Argentina and announced on Tuesday it had declared a A$0.04 a share interim dividend. "The declaration of a dividend is a clear signal of the board's...