Pan American Silver buys Tahoe Resources for $1B

Having trouble viewing this email?  View online Latin America News Digest Friday 16 November 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Pan American Silver buys Tahoe Resources for $1B Deal creates one of the world's biggest silver mining companies. read » Antofagasta goes ahead with $1.3B expansion of Los Pelambres mine Company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation. read » Rio Tinto wants a piece of Teck's copper project in Chile Canada's largest diversified miner has been looking for a development partner for the $4.8-billion extension of Quebrada Blanca copper mine in northern Chile. read » Brazil dismantles illegal mines in the Amazon The unregulated operations were installed in Jamanxim and Río Novo National Parks. read » Barrick, Newmont said to be in talks to merge Nevada operations Experts believe the US firm could achieve $300 million in operating and cost savings from combining its mines in Nevada with those of the Canadian rival. read » Maduro blasts new US sanctions on Venezuelan gold Nicolas Maduro said the sanctions are "crazy" and "schizophrenic." read » Almost a quarter of Antofagasta's energy needs met by renewables The Zaldívar copper mine in Chile, a joint venture between Antofagasta and Barrick, will be able to replace greenhouse gas emissions equivalent to 350,000 tonnes per year, or about 87,000 vehicles annually. read » Largo to expand vanadium mine in Brazil The Maracás Menchen mine has a take-or-pay off-take agreement with Glencore for 100% of its vanadium material. read » Hudbay shrugs off investor concerns, buys Nevada copper junior The miner has bought Mason Resources despite shareholder Waterton previously requesting a moratorium on any near-term acquisitions. read » Surge enters MoU to acquire Incahuasi lithium project in Chile The project sits atop the Incahuasi Salar and it is located on the Chile/Argentina national border some 75 kilometres southeast from the Atacama Salar. read » Leagold said restarting Santa Luz mine in Brazil requires $82 million Santa Luz is a fully constructed open pit mine, which originally started production mid-2013 but was placed on care and maintenance in 2014. read » Chile's court rejects lawsuit to block Nutrien's sale of stake in SQM to Tianqi While the decision is final and not subject to appeal, one legal hurdle remains — Pampa Group, which controls SQM, earlier this month filed an additional appeal with Chile's TDLC antitrust court. read » Sibanye, Regulus to jointly develop Argentina's Altar copper-gold project The project, located in the San Juan province, is about 10km from the border with Chile, the world's No. 1 copper producer. read » Barrick could trade copper mines for gold ones to expand Tier 1 assets The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs. read » Newmont profit falls, promotes COO to President Falling gold and copper prices hurt the miner's results for the three months to Sep. 30. read » Barrick Gold profit, revenue drop as metal prices weaken Q3 sees lower profit due to lower prices for gold and copper alongside higher fuel costs. read » About $5B in assets to be sold due to Barrick-Randgold merger — expert BMO Capital Markets has flagged a total of 13 mines that could be sold following the $6-billion merger. read » Zinc One receives positive results from Peruvian project Results are from the Bongará Zinc Mine located in north-central Peru. read » Vale holds talks to expand world's biggest open-pit iron mine While the project known as S11D isn't scheduled to hit its 90-million-ton capacity until 2020, China's appetite for the mine's low-cost, high-grade ore continues to grow. read » Miners' spending on hunt for copper, EV metals hits $10 billion Budgets jumped about 19%, outpacing last year's gain. read » Vale-BHP Brazil joint venture Samarco names mining exec as new CFO Cavalcanti joins Samarco as it attempts to renegotiate billions of dollars in debt with creditors and restart operations after a tailing dam burst in 2015, killing 19 people. read » Xiana pays Glencore $25 million for Chilean operation The Vancouver-based miner acquired Altos De Punitaqui, a producing copper-gold operating company. read » Chilean regulators reject Albemarle's plans to boost lithium output The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air. read » RSC Mining and Mineral Exploration partners with Terra Modelling The agreement provides a considerable combined offering to the mineral exploration and mining market. read » Brazil lawmakers slam Norsk Hydro, regulators for Alunorte leak A congressional commission assembled to look into the incident blamed both the company and regulators, and called for civil and criminal investigations to continue. read » OPEC+ faces risk of new oil surplus as prices slump A technical committee representing the coalition projected on Saturday a global oil surplus will resurface in 2019. read » Read more Latin America news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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