Category: Latin America

Mitsubishi Increases Stake in Quellaveco

Anglo American has agreed to Mitsubishi Corp.’s proposed $600 million acquisition of a 21.9% equity interest in Anglo American Quellaveco S.A., which owns the Quellaveco copper project in Peru. Mitsubishi already holds an 18.1%...

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Sierra Studying Expansion at Cusi Silver Mine

Sierra Metals has reported the results of a preliminary economic assessment (PEA) of a major expansion of production at its Cusi silver mine in Chihuahua state, Mexico. The PEA supports expansion from a current mine operating...

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Leagold Completes Acquisition of Brio Gold

Leagold Mining Corp. announced the completion of its acquisition of Brio Gold Inc. Peter Marrone, chairman and CEO of Yamana Gold Inc., has been appointed to the Leagold Board of Directors. At closing, Yamana became Leagold’s...

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Operations Improve at San Ramon in Colombia

Red Eagle Mining said it is well on the way to overcoming the challenges faced during the first half of 2017. At the time, the mine was significantly behind in development due to initial difficult ground conditions pushing the...

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Equinox Gold Begins Mining at Aurizona

Equinox Gold Corp. announced that mining activities are under way in the Piaba Deposit at its Aurizona gold mine in Brazil. Construction remains on track to pour gold by late 2018. The mining contractor, U&M Mineração e...

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Largo Expanding Maracás Menchen’s V2O5 Production

Largo Resources has announced plans to expand vanadium pentoxide (V2O5) production at its Maracás Menchen mine in Bahia state, Brazil, from the nameplate rate of approximately 800 metric tons per month (mt/m) to 1,000 mt/m. The...

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First Quantum Expanding Cobre Panama Project by 15%

First Quantum Minerals announced in mid-February that its board of directors has approved an expansion of throughput capacity at its Cobre Panama open-pit copper project by 15% to 85 million metric tons per year (mt/y), along...

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