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Mining in South America
Gold mineralisation discovered in Brazil
3rd July 2015 Australian-managed and ASX-listed minerals company Cleveland Mining Company announced, in March, the discovery of an extensive zone of primary gold mineralisation, less than 1.5 km south of its operational Premier Joint Venture gold mine, in central Brazil. →
Software to enhance project NPV
3rd July 2015 Australia-based business enhancement company Whittle Consulting Limited (WCL) in June signed a contract to supply strategic mineral company Largo Resources with its Enterprise Optimisation software suite to develop a new operational pit design on Largo’s Maracas Menchen vanadium mine in Bahia... →
Iron-ore portfolio expanded with highly prospective project
3rd July 2015 Iron-ore company Centaurus Metals announced it has taken the first step towards expanding its direct shipping ore (DSO) business in south‐east Brazil, after securing an option to acquire 100% interest in a portfolio of highly prospective tenements with extensive DSO mineralisation. →
Harsh operating environment creates ultimate testimonial
3rd July 2015 Operating in South America poses unique challenges, as the continent has high altitudes and extreme hot and cold weather, combined with dust and steep gradients, says dust control company Dust-A-Side. Dust-A-Side Chile GM Ramón Rada says the company is operating at mines in South America that... →
US miner receives $500 000 investment
25th July 2014 California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds will be delivered over time until December 2015.... →
SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds
US company contracted to drill at Chile mine
25th July 2014 Integrated exploration drilling services provider Boart Longyear was, in May, contracted to conduct exploration drilling at BHP Billiton-operated Minera Escondida copper mine in northern Chile’s Atacama Desert, says Boart Longyear Latin America drilling services GM Scott Whitt. Minera Escondida... →
LEADING THE PACK Chile is widely known as the world’s number one copper producer
L & J Gemmell Plant Services
25th July 2014 Established by Les, Johnny and Ivy Gemmell in 1982, plant equipment solutions provider L & J Gemmell Plant Services spent its first 20 years renting trucks, graders, rollers, tankers and tractors, with operators on a sub-contract basis, to road construction and property development contractors.... →
Automation systems company expands S America services
25th July 2014 Mineral processing equipment and automation systems provider Metso has expanded its service offering to Peru and Mexico by establishing mining service centres in the two countries. These investments, worth €6-million each, dovetail with Metso's long-term strategy to strengthen its presence in... →
CONTINUALLY EXPANDING Peru’s new service centre strengthens Metso's already solid position in South America
Brazil-based potash project in development phase
By: Jonathan Rodin 25th July 2014 Brazil-based fertiliser development company Verde Potash is focusing on securing an environmental licence for its Cerrado Verde potash project, which is currently in the development stage, in Brazil’s Minas Gerais province. Verde Potash CEO Cristiano Veloso tells Mining Weekly that the company... →
POSITIVE RESULTS Verde Potash published a positive update in March on Cerrado Verde’s measured and indicated resource
Potential in Peru phosphate deposit
25th July 2014 California-based phosphate explorer Focus Ventures in January signed a formal option agreement for the acquisition of shares in Juan Paulo Quay (JPQ), the titleholders of the Bayovar 12 nonmetallic mining concession, in Peru. The concession has the potential to host a large sedimentary phosphate... →
Opportunity for South Africa in Peru
25th July 2014 A South African business delegation last month visited the Lima-based Peruvian Institute of Mining Engineers to learn about the various opportunities available in the sector, and possible opportunities that could still be explored. “South African business people in the mining sector have been... →
South American mining to reach 6.2% growth by 2017
By: Jonathan Rodin 25th July 2014 The South American mining industry will reach an estimated compound yearly growth rate of about 6.2% from 2012 to 2017, which will take the industry to a total value of $184.3-billion. Some of the world’s largest copper, bauxite, iron and nickel deposits are situated in South America, with the... →
Investment crucial for growth of South American mining industry
By: Sashnee Moodley 26th July 2013 The fulfilment of the South American mining industry’s potential for growth lies not only in the resource-rich areas of the continent, but also in the ability to articulate the several challenges and the eagerness of the government to help on this, given the complexity of such kinds of investments. →
Company increases presence in South American mining market
26th July 2013 International specialist equipment supplier Multotec is steadily expanding its footprint within a rapidly growing South American mining arena, with an expectant substantial increase in mining capital expenditure over the next three years. →
First high-grade gold mineralisation discovery in Peru
By: Sashnee Moodley 26th July 2013 Latin American-focused Fortuna Silver Mines is active in South America, with a $6.7-million brownfields exploration budget for the area around its Caylloma mine, in Peru, where it has discovered high-grade gold mineralisation in the Ramal Piso Carolina and Don Luis veins, located in the northern... →
Expansion on the cards for Peruvian manufacturer
By: Sashnee Moodley 26th July 2013 Peru-based manufacturer Resemin reports that the underground mining industry in South America is increasing significantly, with the industry demanding about 240 drilling rigs a year. →
Exploration company outlines its Argentina growth strategy
26th July 2013 A preliminary economic assessment is expected in late 2013 to determine if Canada-based exploration company U3O8 Corp’s Laguna Salada deposit in Argentina’s Chubut province could potentially be positioned for near-term production using low-cost mining and processing techniques that nonetheless... →
Precious metals company expands into Latin America
26th July 2013 Gold and precious minerals refiner Kaloti Group reports that construction has started on its first gold and precious metals refinery and bullion manufacturing plant, in Suriname, South America. →
Rising resource nationalism in South America
By: Chantelle Kotze 15th June 2012 In 2010/11 at least 25 countries increased or announced intentions to increase their government take of profits generated by the local mining industry through taxes or royalties, says advisory firm Ernst & Young’s yearly ‘Business risks facing mining & metals 2011/12’ report, with seven of these... →
Chile copper producer invests $4.3bn in 2012
15th June 2012 Chile State-owned copper producer Codelco says it will invest a record amount of $4.3-billion this year, of which $2.2-billion is allocated to the investment plan managed by Project Vice-Presidency (PV) – the specialised unit created in 2005 for the management and implementation of the company's... →
Updated mine software to be released
By: Chantelle Kotze 15th June 2012 Mining technology and consulting company MineRP has upgraded its Mine2-4D mine planning software to provide a complete and automated mine planning and scheduling system for underground and openpit mining operations. →
South American mining sector to continue as resource-based economy
By: Chantelle Kotze 15th June 2012 Latin America remains the world’s leading region for mine exploration, attracting 25% of global expenditure in 2011, states advisory firm KPMG Peru audit partner Juan Jose Cordova. →
Minerals explorer acquires new project in Chile
By: Chantelle Kotze 15th June 2012 ASX-listed minerals exploration company Helix Resources increased its total number of 100%-owned projects in Region IV, in Chile, to six when it acquired the Huallillinga project, in March this year, after a visit to the area by its technical director and Chile-based geologists. →
Gold miner focused on project optimisation
By: Chantelle Kotze 15th June 2012 Canadian gold miner Kinross Gold is focused on optimising both its operating and developing mines – including its assets in the South American countries of Brazil, Chile and Ecuador – with the aim of improving capital efficiency, project sequencing and investment returns. →
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