Cecilia Jamasmie , Senior Editor

Mining investments in Chile to reach $100 billion by 2020

Mining investment in Chile, the world's largest copper producer, would reach US$ 100 billion between 2012 and 2020, the National Mining Society (Sonami) said on Monday.

Cecilia Jamasmie | April 9, 2012 | 6:38 pm

Peruvian miners trapped since Thursday unlikely to be rescued soon

Two or three days longer than anticipated could take rescuers to get to the nine Peruvian miners trapped 200 metres below ground since last Thursday, told reporters Oscar Valdes, cabinet chief to Peru's President Ollanta Humala.

Cecilia Jamasmie | April 9, 2012 | 4:40 pm

$8.4 billion rare earth deposit discovered in Brazil

Brazilian miner World Mineral Resources (WMR) has found a large reserve of neodymium, one of the 17 rare earth elements, in the western Bahia state, which could bring US$8.4 billion to the country.

Cecilia Jamasmie | April 9, 2012 | 3:59 pm

Lifting of sanctions against Mali welcomed by gold miners

Sanctions against Mali's military junta were lifted on Sunday after the country's coup leaders agreed to step aside, allowing a provisional authority to organize elections within 40 days.

Cecilia Jamasmie | April 9, 2012 | 1:38 pm

Ready, set, go: China’s long-awaited rare earth industry group is already here

In a move to curb the rampant domestic illegal mining of rare earth, as well as to regulate its rare earths players, China launched on Sunday its industry association for the precious metal commodity, as MINING.com anticipated last week.

Cecilia Jamasmie | April 9, 2012 | 12:40 pm

Zimbabwe ‘owns’ majority of all foreign mining companies

Zimbabwe's Black Empowerment Minister, Saviour Kasukuwere, announced today it has taken majority ownership of foreign-owned mining firms, which had not already given a controlling stake to black Zimbabweans.

Cecilia Jamasmie | April 5, 2012 | 3:53 pm

Lake Shore Gold resumes operations at Timmins and announces 1Q results

Canadian Lake Shore Gold (TSX:LSG) announced it has resumed operations at its Timmins West Mine in Ontario, where a worker died on Tuesday, and reported a fall in its quarterly production.

Cecilia Jamasmie | April 5, 2012 | 3:04 pm

Too much of a good thing?

A recent study published by Canberra-based think tank The Australia Institute calls for a slowdown in mining investment.

Cecilia Jamasmie | April 5, 2012 | 2:30 pm

Lynas rare earths plant in Malaysia gets momentary red light

Malaysia's Atomic Energy Licensing Board (AELB) has postponed granting a temporary rare earths mine operating license (TOL) to Australian miner Lynas Corp. (ASX:LYC) until an outstanding appeal by residents to the science, technology and innovation minister has been completed.

Cecilia Jamasmie | April 5, 2012 | 1:37 pm

Lack of mining law costs Honduras US$3 billion

Over $3 billion and near 15,000 job positions. That is the cost to Honduras, the third poorest country in the Western Hemisphere, as a result of a lack of rules for mining companies operating or wishing to explore in the country.

Cecilia Jamasmie | April 4, 2012 | 4:12 pm

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