CENTRAL SOUTH AMERICA

Virgin drill diary: San Marco, Exeter up to hole 11 at Angeles project in Mexico

Friday , 17 May 2013
Results are soon to come from San Marco on the Angeles gold-polymetallic project in Mexico, which Exeter Resources has under option.

Vale cuts Mozambique coal export target by 30%

Friday , 17 May 2013
Vale has cut the 2013 export target for its Moatize coal mine by nearly a third after heavy floods temporarily shut a railway export line it uses.

Ecuador pushes ahead with reforms to lure mining investors

Friday , 17 May 2013
The government presented a mining bill to Congress on Thursday that should pave the way for the signing of contracts with several major investors.

Antofagasta Q1 profit hit by lower copper price

Thursday , 16 May 2013
The Chilean miner says the realised price for its copper in the quarter dropped to 341.1 cents per pound from 429.6 cents per pound in the first quarter of 2012.

Large pipe flowmeter installed at Cuajone copper mine

Wednesday , 15 May 2013
In an area where water is scarce, precise measurement of water flows is particularly important and CIDRA Mineral Processing has successfully installed a measurement system on a 1.22m diameter pipeline at the Cuajone copper mine in Southern Peru

Vale’s Argentina potash mine being shown to bidders

Wednesday , 15 May 2013
A government official says the province of Mendoza is already showing the abandoned Rio Colorado project to potential bidders.

Barrick says Chile mine needs $29m to meet regulator rules

Monday , 13 May 2013
The gold miner has estimated it must invest about $29 million to meet environmental standards at its suspended Pascua-Lama mine.

Cayden gets good start to Jalisco gold exploration in Mexico

Friday , 10 May 2013
Cayden Resources president and CEO Ivan Bebek lays out plans for the El Barqueno project in Jalisco state, Mexico.

Collahuasi mine union launches early contract talks

Friday , 10 May 2013
Unionised workers at the Chilean mine have launched an early negotiation taks with mine management on a new contract.

McEwen reckons gold stocks will rise in 2013

Thursday , 09 May 2013
Rob McEwen cites the White House effect in reckoning a happy ending for gold stocks this year.

Minera IRL reports further upside potential to Don Nicolas gold project

Thursday , 09 May 2013
Gold mining junior, Minera IRL, continues to find potential new gold and silver resources in newly assessed veins in close proximity to its Don Nicolas project in Argentina.

Tahoe: Alleged cop killer in Guatemala not employee

Thursday , 09 May 2013
Tahoe Resources responded to Guatemala media report claiming alleged cop killer was an employee and confirms two charges against now freed security chief.

Peru tries to close legal loophole for pollution fines

Thursday , 09 May 2013
Peruvian President Ollanta Humala has promised to emphasize environmental protection along with the multibillion-dollar mining industry.

Dominican Republic govt. mines more pesos from Pueblo Viejo JV

Thursday , 09 May 2013
The Congress of the Dominican Republic will be asked to approve now amendments to a revised operating agreement which will extract higher government revenues from the Pueblo Viejo gold JV.

Brazil’s Vale wants part of US steel recovery

Wednesday , 08 May 2013
CEO Murilo Ferreira says shale gas has made the US competitive again and they want to be part of the resurgence of the steel industry.

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Charts & Data

Metals Prices

Spot Gold USD/oz	1,359.60	-1.98%
Spot Silver USD/oz	22.25	-1.82%
Spot Platinum USD/oz	1,450.00	-2.23%
Spot Palladium USD/oz	735.25	-0.17%
LME Copper USD/t	7,330	+3.30%
LME Aluminium USD/t	1,841	+2.11%
LME Nickel USD/t	14,855	+0.58%
LME Lead USD/t	2,003	+1.83%