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Peruvian Government To Stop The Exploration Of Gold Mines In The Area Of Rain Forest
Border region Peru, Bolivia and Brazil is an area that has a source of potential gold mine for mining companies to exploration. Many mining companies are mining exploration. Gold mining is mining that contributed quite a lot for the three countries. Last year 10 percent of recorded gold production from the Peruvian gold mining area [...]
Canadian Mineral Exploration Company, Sulliden To Start Gold and Silver Mine Exploration in Peru, 2011
Sulliden Exploration Inc., a Canadian mineral-exploration company, aims to start its gold and silver mine in Peru in 2011, said Javier Fernandez-Concha, the company’s manager in the South American nation.
Mexican Mining Industry Investment Drop 30% to $10.5 Bln
Mexico’s mining industry investment may drop as much as 30 percent through 2012 as companies slash exploration because of lower metal prices and labor disputes, according to the country’s mining group.
British Mining Companies Face Challenge On Unjust Practices
Representatives of communities in Colombia, West Papua and the USA are in London to challenge the claims of two of Britain’s biggest mining companies that their operations are sustainable and fair. Critics say that in reality they are violating human rights and causing irreversible environmental damage.
BHP Billiton Ltd. Mining Exploration Oil, Coal, Alumunium, Copper Reported :
BHP Billiton Ltd. (BHP.AU) Wednesday posted higher third quarter iron ore and oil production but coal, copper, aluminum and nickel output were lower on year.
SINGAPORE (Dow Jones)–South Korea’s state procurement agency has issued tenders for 6,000 metric tons of aluminum ingot and 6,000 tons of copper cathode, a senior official at the agency said Wednesday.
Epidemic hits mining companies
From Africa to Russia, from Peru to China, mining companies face a problem: the workers who haul up the earth’s riches are coming down with Aids and it is hampering operations at a time of booming demand for minerals.
“The epidemic is extremely severe. It’s worse than any of us will admit to. There are a [...]
Largest miners’ union in Peru begins strike
Peru’s largest miners’ union launched an indefinite strike Monday, but workers at several of the country’s largest pits were working as usual.
The National Federation of Metallurgic and Steel Miners called the strike to demand better job benefits and an end to outsourcing among mining companies.
Peru Stocks Gain as Economy Lifts Builders Over Mines
Domestic growth is turning Peru’s mining-dominated stock market into the Americas’ best performer this year even as the prices of zinc, gold and copper remain below last year’s peaks.
The Lima General index has surged 181 percent in the past 12 months, driven by companies such as Grana y Montero SA, Peru’s biggest builder, and industrial [...]
Phelps Dodge buyout OK’d
The last major hurdle to the $25.9 billion acquisition of Phelps Dodge Corp. by Freeport-McMoRan Copper & Gold was cleared Wednesday when shareholders of both companies voted for the merger.
