Posts Tagged ‘peruvian’

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Peru PM says Conga will get built, otherwise Newmont’s compensation bill would be ‘huge’

Peru’s Prime Minister said on Tuesday Newmont Mining’s stalled Conga project will be developed as the government could end up with a “huge” compensation payment if the $4.8 billion mine does not go ahead. Newmont stopped construction of the copper-gold project in November after violent protests in the poor Cajamarca region of northern Peru. Business News Americas reports PM Óscar Valdés told daily La ... Full story

Buenaventura Announces Third Quarter 2011 Results

- Compañia de Minas Buenaventura S.A.A. Full story

Protest suspends big Peru gold mine

- Latin America's biggest gold mine has temporarily suspended production after a road blockade and the sabotage of heavy equipment by Peruvian peasants who claim the mine is contaminating their water. Full story

Trevali announces $40.0 million offering of 5-year convertible senior unsecured debentures by way of a short form prospectus

Trevali announces $40.0 million offering of 5-year convertible senior unsecured debentures by way of a short form prospectus
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2011) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Trevali Mining Corporation  (" Trevali " or the " Company ")  (TSX:TV)(OTCQX:TREVF)(FRANKFURT:4TI)(BVLAC:TV)  is pleased to announce that it has filed a preliminary short form prospectus with the Securities Commissions in each of the Provinces of Canada in connection with an offering (the " ... Full story

Newmont Gold Output To Double

Newmont Gold Output To Double
Gold miner Newmont Mining Corp’s (NYSE:NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations. Full story

Barrick to invest $550m in Peru by 2013

Barrick to invest $550m in Peru by 2013
Barrick Gold, the world's largest gold producer, plans to invest $550-million in Peru by 2013, said the head of Barrick Misquichilca, the company's Peruvian subsidiary on Tuesday. A Barrick official expressed confidence in Peru, where miners are Full story

Barrick to invest $550 mln in Peru by 2013

Barrick to invest $550 mln in Peru by 2013
Barrick Gold, the world's largest gold producer, plans to invest $550-million in Peru by 2013, said the head of Barrick Misquichilca, the company's Peruvian subsidiary on Tuesday. A Barrick official expressed confidence in Peru, where miners are Full story

Freeport’s Cerro Verde Copper Miners Start 48-Hour Strike

Freeport’s Cerro Verde Copper Miners Start 48-Hour Strike
Sept. 7 (Bloomberg) -- Freeport-McMoRan Copper & Gold Inc.’s Peruvian copper miners began a two-day strike today over pay increases, a union official said. Full story

Bear Creek bounces after taking legal action against Peru

Bear Creek bounces after taking legal action against Peru
Shares in Canada’s Bear Creek Mining Corporation bounced by over 4% at the open on Wednesday after the company announced it was launching legal action against the Peruvian government to regain its license for a mining concession in the south of the country. Peru cancelled Bear Creek’s licence in late June after protests against the Santa Ana Silver project resulted in five people being killed ... Full story

Trevali announces $15 million non-brokered private placement

Trevali announces $15 million non-brokered private placement
Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(FRANKFURT:4TI)(OTCQX:TREVF)(BVLAC:TV) is pleased to announce that it has arranged a non-brokered private placement of up to 10,000,000 common shares at a price of CDN $1.50 per common share to raise gross proceeds of up to CDN $15.0 million (the "Offering"). Closing of the Offering is anticipated to occur on or before July 21, 2011 and is subject to ... Full story
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