Latin America

Ekati mine aerial view, August 2010. (Image by Jason Pineau, WikiMedia Commons) Displeased shareholders of Canada’s Dominion Diamond (TSX, NYSE:DDC), the world’s third largest producer of rough diamonds by value, are stepping up efforts to force a company overhaul. The group, led by Toronto-based hedge fund K2 & Associates Investment…
The spill has been called the biggest mining disaster in Brazil’s history, with about 20 people either confirmed dead or still missing after the dam burst sent a wave a mud cascading into a village.Two of the largest mining companies in the world are being held to account by the…
Tim Coughlin’s career arc is actually a circle. The 50 year old geologist did his PhD research on gold-system targeting methods in the Andes of South America. Later, as chief geologist for AngloGold Ashanti, Coughlin spent several years being a “first mover” in Colombia, which at the time was grappling…
Snap Lake mine.The Snap Lake diamond mine in the Canadian north was not only dealing with a downturn in the diamond market prior to a decision last week to shutter it; the mine also had a serious problem with groundwater. According to an analysis of the closure posted over the…
Canadian Arctic readies for world’s largest diamond mine openingSituated almost 300 kilometres east of Yellowknife and southeast of the now closed Snap Lake diamond mine, Gahcho Kué will soon begin operations. (Image courtesy of Mountain Province Diamonds) Only days after diamond giant De Beers announced it was shutting down its…
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