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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.

 
 

IFC supports development of Sal de Vida in Argentina

The International Finance Corporation has announced a loan of up to US$180 million to Allkem to support the development of Sal de Vida, a greenfield lithium operation in Argentina.