Latin America

A week after the Samarco's tailings dam collapsed sending a wall of water and mud into villages killing six and leaving 21 more unaccounted for, the CEOs for BHP Billiton and Vale toured the site. Vale and BHP Billiton are 50/50 owners of Samarco. BHP Billiton posted a YouTube video…
Oban Mining Corporation (TSX:OBM) ("Oban") has agreed to acquire 4,930,000 common shares ("MEK Shares") in the capital of Metals Creek Resources Corp. ("Metals Creek") for total consideration of approximately $346,850, of which (i) 1,760,000 MEK Shares will be acquired pursuant to a subscription agreement with Metals Creek (the "Subscription Agreement"),…
Barrick Gold sells four US mines for $720 millionThe Bald Mountain open-pit gold mine is just one of the assets Barrick is unloading. (Image courtesy of Barrick Gold) Canada’s Barrick Gold (TSX, NYSE:ABX), the world's biggest gold producer, is unloading four of its non-core Nevada mines for US$720 million in…
BHP Billiton hits decade low on Brazil tragedy updateBHP revealed the tailings now extend 440 kilometers (273 miles) downstream through remote mountain valleys from the mine site.  BHP Billiton (ASX:BHP) shares collapsed Friday in Sydney, hitting a 10-year low after the world’s largest miner revealed the death toll from a…
Peruvian Shahuindo project first pour early next yearShares of Tahoe Resources Inc (NYSE:TAHO) shone in an otherwise lacklustre day on precious metals markets after the company announced better than expected third quarter financial results on the back of a strong operational performance and near-record breaking cash flows despite the fall…
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