Latin America

Struggling Argentina expects US$14 billion in mining exportsThe new Argentinian government is promising to end a series of capital controls that have been propping up the peso – a move that would benefit mining. Reuters reported on Sunday that president-elect Mauricio Macri will lift the clamp-down on dollar purchases by…
Carajás 2009 NASA satellite photo via Wikimedia CommonsThe price of iron ore continued to slide on Friday after top producer Vale indicated its flagship expansion project will come in under and budget and on time. On Friday the benchmark 62% Fe import price including freight and insurance at the Chinese…
The Liberal MP who pushed for legislation promoting transparency when companies set up operations abroad told Vice News he hopes the newly-elected Trudeau government will pick up his twice- defeated bills. In 2009 John McKay—Liberal Member of Parliament for the riding of Scarborough-Guildwood—introduced Bill C-300, the Corporate Accountability of Mining,…
Europe’s biggest zinc producer exploring total exit from miningThe company has already suspended operations at its Mexico’s Campo Morado (pictured) and Canada’s Myra Falls mines. Debt-laden European zinc producer Nyrstar (EBR:NYR) said Monday it plans to raise up to $296 million (€275m) through a share offering to pay down debt…
BHP Billiton hits seven-year low in wake of Brazil disaster Shares in BHP Billiton (ASX:BHP) fell sharply on Sydney Monday, touching a seven-year low, as the mining giant took an additional hit from the tailings dam disaster at the Samarco iron ore mine in Brazil, which co-owns with Vale (NYSE:VALE).…
Page 4 of 15

Subscribe To Our Newsletter

Security Q:How many eyes has a typical person? (ex: 1)
Name:
Email: