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Mining & Metals: The week in 10 stories

Bnamericas Published: Friday, March 08, 2019
Mining & Metals: The week in 10 stories

ARGENTINA

Patagonia Gold secured a US$15mn loan facility to fund an updated mineral resource estimate and a feasibility study for the Calcatreu gold project in Rio Negro.

BRAZIL

Inspection company Tractebel, a subsidiary of French Engie, expressed reservations about certifying the safety of Brazilian Vale's Brumadinho dam – and was promptly fired.

Gerdau Operator Series: With assets sales concluded, the company earmarks capex of US$1.88bn.

CHILE

Antofagasta region's environmental evaluation service recommended the approval of Chilean fertilizer and non-metallic group SQM's extension of the Salar del Carmen lithium plant.

Chile's supreme court started Monday to hear supporters' arguments for Andes Iron's US$2.5bn Dominga iron ore-copper project. The court is expected to issue a ruling in four or five months.

MERGERS & ACQUISITIONS

Mid-tier and smaller producers are not likely to jump on the merger bandwagon for the time being, an expert told BNamericas.

Newmont Mining's board unanimously rejected a takeover bid by Barrick Gold as "egocentric," and proposed merging the companies' Nevada operations instead.

MEXICO

President Andrés Manuel López Obrador will block Invecture Group's US$250mn Los Cardones gold project due to environmental risks.

PERU

The government plans fresh talks with protesters in a bid to end blockades at a key road to La Bambas copper project.

The Zafranal copper-gold project in Peru's southeastern Andes could see production start up by 2023, a senior company official said.

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Other projects in: Mining & Metals (Mexico)

Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Espiritu SMR
  • Current stage: Blurred
  • Updated: 5 months ago
  • Project: Oregano
  • Current stage: Blurred
  • Updated: 5 months ago
  • Project: 1068
  • Current stage: Blurred
  • Updated: 5 months ago
  • Project: Elektra
  • Current stage: Blurred
  • Updated: 6 months ago
  • Project: Nieves
  • Current stage: Blurred
  • Updated: 6 months ago
  • Project: San Celso
  • Current stage: Blurred
  • Updated: 6 months ago
  • Project: Rebeico
  • Current stage: Blurred
  • Updated: 6 months ago

Other companies in: Mining & Metals (Mexico)

Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Gerdau Corsa
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: FLSmidth México
  • FLSmidth S.A. de C.V. (FLSmidth México), the Mexican subsidiary of Danish equipment supplier FLSmidth & Co. A/S, supplies the minerals and cement industries with engineering, si...
  • Company: Siemens S.A. de C.V.  (Siemens México)
  • Siemens S.A de C.V. (Siemens Mexico) is the local subsidiary of German technology company Siemens A.G. With headquarters in Mexico City, the company has been present in the coun...