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South American mining news

 

AngloGold Ashanti places CDS Mine on care

AngloGold Ashanti Brasil has placed the Corrego Do Sitio Mine in Brazil’s Minas Gerais state on care after sustained challenging operating results characterised by poor production and high costs.

 
 
 
 
 
 
 

Rio Tinto to acquire Chilean exploration assets

Rio Tinto has agreed to purchase PanAmerican Silver’s stake in Agua de la Falda S.A. and to enter a joint venture with Codelco to explore and potentially develop Agua de la Falda's assets.