Ibram: Minas Gerais, Pará suffer most as nation's mining investments to fall to US$9bn in 2009

Minas Gerais state has seen its portfolio of mining investments drop from some US$17bn prior to the global economic slowdown to US$13bn through 2012, while those in Pará state have fallen to US$23bn f...

• Brazil

   Local junior exploration sector to shrink 30% this year, says Ibram

  Brazil will likely see its mining exploration sector shrink by 30% this year, according to Paulo Cam...   more

• Peru

   Inca Pacific seeks extension to 2014 for Magistral startup

  Vancouver-based Inca Pacific Resources (TSX-V: IPR) is in talks with the Peruvian government to obta...   more

• Mexico

   Animas: 152,000oz in inferred gold at Santa Gertrudis

  Vancouver-based Animas Resources (TSX-V: ANI) completed an NI 43-101 report on its Santa Gertrudis p...   more

• Brazil

   Iron ore exports deflate by 47.1% to US$803mn in May

  Brazilian iron ore exports in May fell 47.1% year-on-year to US$803mn, the country's trade office re...   more

• Brazil

   Authorities discuss ways to cut down permitting times in Pará

  Brazil's minerals production department (DNPM) met with Pará state government officials to discuss s...   more

• Chile

   Congress starts taking opinions from sector on mine closure bill

  Chile's congressional committee on mining has started taking comments from local entities representi...   more

• Mexico

   Dia Bras: Court grants favorable ruling over mining concessions

  Canada-based Dia Bras Exploration (TSX-V: DIB) was granted a favorable ruling by a Mexican court in ...   more

• Peru

   International Consolidated Minerals continues to seek financing

  UK-based International Consolidated Minerals (AIM, Lima: ICMI) is on the lookout for financing oppor...   more

• Chile, Peru

   Teck sells stake to Chinese firm to raise some US$1.5bn

  Vancouver-based miner Teck (TSX, NYSE: TCK) unveiled plans to sell 101mn shares to the China Investm...   more

• Colombia

   Mining innovation program a great opportunity, according to official

  A program launched by Colombia's Antioquia department to promote innovation and technological develo...   more

• Brazil

   Ibram: This year's iron ore output will be lower than 409Mt in 2008

  Although Brazilian iron ore sales have been rising gradually this year since hitting rock bottom in ...   more

• Mexico

   Gold Resource hopes Hochschild will increase stake to 40%

  US junior Gold Resource hopes Peruvian precious metals producer Hochschild Mining (LSE: HOC) will in...   more

• Peru

   Buenaventura denies plans to build hydroelectric plants for US$600mn

  Peruvian precious metals miner Buenaventura (NYSE: BVN) issued a statement refuting reports saying i...   more

• Mexico

   Farallon ships first 4,399t zinc concs from G-9 to North American smelter

  Vancouver-based Farallon Mining (TSX: FAN) has made the first zinc concentrate shipment from its G-9...   more

• Regional

   Coeur cuts debt by 37% to US$257mn

  US-based silver producer Coeur d'Alene Mines (NYSE: CDE, TSX: CDM) has shaved more than US$150mn, or...   more