The sale will be carried out through an auction on the Santiago stock exchange.
Companies report appointments and general corporate updates relating to silver, gold and lithium properties in Mexico and Chile.
Argentina gained a position while Mexico and Colombia fell, industry data shows.
The Australian miner, which is one of the top four global iron ore producers together with Vale, Rio Tinto and BHP, is eyeing the premium iron ore market with high-content ore from the new mine.
Foreign direct investment (FDI) in Mexico's metallic mining sector rose by a third in Q1 as companies plow on with investments.
Companies issue corporate updates relating to copper, gold and silver assets in Brazil, Chile, Jamaica, Colombia and Uruguay.
Miners are awaiting environmental authorization to be able to push ahead with US$3bn in new projects.
Pan American Silver has halted worker movements to and from its Dolores gold-silver mine in Chihuahua state following security incidents.
Companies in Argentina, Peru and Mexico published results from their drilling campaigns.