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News - Thursday, February 11, 2010
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Free Content of the day
* Vale's 2009 earnings crash to US$5.35bn - Brazil
Brazilian iron ore giant Vale (NYSE: VALE) posted net income of US$5.35bn for 2009, compared to US$13.2bn the previous year.
Revenues came in at US$23.9bn, down from US$38.5bn the year before, the Rio de Janeiro-based company said in its latest financial results released late Wednesday.
Even so, the company, the world's largest iron ore producer and exporter, described its 2009 operational and financial performance as "solid" given the "significant challenges brought by the great recession." ... more
http://www.bnamericas.com/news/mining/Vale*s_2009_earnings_crash_to_US5,35bn/173861537
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In-deph interview
* Santiago CordovezExecutive director - Ecuadorian mining chamber<p><em>In January, Ecuadorian mining regulator ACRM and national mining company Enami EP launched operations under the new mining structure being put into practice in the country that aims to provide ... more
http://www.bnamericas.com/interviews/mining/Santiago_Cordovez_,Ecuadorian_mining_chamber,1/173861537
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Free Past News
* Fortuna expects revenues of US$65mn in 2010 - 02-10-2010 - Peru
http://www.bnamericas.com/news/mining/Fortuna_expects_revenues_of_US*65mn_in_2010/173861537
* Teck aims to boost copper production to 340,000t in 2010 due to Andacollo - 02-09-2010 - Regional
http://www.bnamericas.com/news/mining/Teck_aims_to_boost_copper_production_to_340,000t_in_2010_due_to_Andacollo/173861537
* Xstrata's net profits down 41% in 2009 - 02-08-2010 - Regional
http://www.bnamericas.com/news/mining/Xstrata*s_net_profits_down_44*_in_2009/173861537
* Grupo México's 2009 consolidated income down 17.6% to US$887mn - 02-05-2010 - Mexico, Peru
http://www.bnamericas.com/news/mining/Grupo_Mexico*s_2009_consolidated_income_down_17,6*_to_US*887mn/173861537
* Gold Fields: Cerro Corona "a star performer" - 02-04-2010 - Peru
http://www.bnamericas.com/news/mining/Gold_Fields:_Cerro_Corona_*a_star_performer*/173861537
* SCC sees 500,000t copper output in 2010 - 02-03-2010 - Mexico, Peru
http://www.bnamericas.com/news/mining/SCC_sees_500,000t_copper_output_in_2010/173861537
* Collahuasi expansion project to 600,000t/y receives environmental approval - 02-02-2010 - Chile
http://www.bnamericas.com/news/mining/Collahuasi_expansion_project_to_600,000t_y_receives_environmental_approval/173861537
* Uyuni's lithium reserves "at least double" previous estimate - 02-01-2010 - Bolivia
http://www.bnamericas.com/news/mining/Uyuni*s_lithium_reserves_*at_least_double*_previous_estimate/173861537
* INE: Copper output up 0.8% at 5.41Mt in 2009 - 01-29-2010 - Chile
http://www.bnamericas.com/news/mining/INE:_Copper_output_up_0,8*_at_5,41Mt_in_2009/173861537
* Mirasol eyes JVs to advance exploration - 01-28-2010 - Argentina, Chile
http://www.bnamericas.com/news/mining/Mirasol_eyes_JVs_to_advance_exploration/173861537
* G-Mex has missed out on US$1.5bn in sales due to Cananea stoppage - executive - 01-27-2010 - Mexico
http://www.bnamericas.com/news/mining/G-Mex_has_missed_out_on_US*1,5bn_in_sales_due_to_Cananea_stoppage_-_executive/173861537
* Agua Rica decision in 2011, feasibility done at Ernesto/Pau-a-pique, says Yamana - 01-26-2010 - Argentina, Brazil
http://www.bnamericas.com/news/mining/Yamana:_Agua_Rica_decision_in_2011,_feasibility_done_at_Ernesto_Pau-a-pique/173861537
* Local miners seen turning around losses in Q4, 2009 - bank - 01-25-2010 - Peru
http://www.bnamericas.com/news/mining/Local_miners_seen_turning_around_losses_in_Q4,_2009_-_bank/173861537
* Goldcorp projects to lift output to 3.8Moz in 2014 - 01-22-2010 - Regional
http://www.bnamericas.com/news/mining/Goldcorp_projects_to_lift_output_to_3,8Moz_in_2014/173861537
* Newmont sees Q4 construction decision at Minas Conga - 01-21-2010 - Peru
http://www.bnamericas.com/news/mining/Newmont_sees_Q4_construction_decision_at_Minas_Conga/173861537
* Spence strike, Olympic Dam drop BHP Billiton's copper output 12% in recent quarter - 01-20-2010 - Chile, Peru
http://www.bnamericas.com/news/mining/Spence_strike,_Olympic_Dam_drop_BHP_Billiton*s_copper_output_12*_in_recent_quarter/173861537
* Codelco's Radomiro Tomic posts record output in 2009, earmarked for investments - 01-19-2010 - Chile
http://www.bnamericas.com/news/mining/Codelco*s_Radomiro_Tomic_records_record_2009_output,_earmarked_for_investments/173861537
* Minerven counting losses after strike - 01-18-2010 - Venezuela
http://www.bnamericas.com/news/mining/Minerven_counting_losses_after_strike/173861537
* Codelco presents EIA for Chuquicamata underground project - 01-15-2010 - Chile
http://www.bnamericas.com/news/mining/Codelco_presents_EIA_for_Chuquicamata_underground_project/173861537
* Barrick sues New Gold over El Morro - 01-14-2010 - Chile
http://www.bnamericas.com/news/mining/Barrick_sues_New_Gold_over_El_Morro/173861537
* Century ramping up San Juan in 2010 - 01-13-2010 - Peru
http://www.bnamericas.com/news/mining/Century_ramping_up_San_Juan_in_2010/173861537
* MEM sees US$5bn in 2010 mining investment, approves norm to speed permitting - 01-12-2010 - Peru
http://www.bnamericas.com/news/mining/MEM_sees_US*5bn_in_2010_mining_investment,_approves_norm_to_speed_EIS_evaluations/173861537
* Goldcorp exceeds output guidance for 2009 at 2.4Moz - 01-11-2010 - Regional
http://www.bnamericas.com/news/mining/Goldcorp_exceeds_output_guidance_for_2009_at_2,4Moz/173861537
* Yamana approves US$80mn exploration budget, discloses plans for 2010 - 01-08-2010 - Regional
http://www.bnamericas.com/news/mining/Yamana_approves_US*80mn_exploration_budget,_discloses_plans_for_2010/173861537
* Goldcorp makes deal with New Gold to grab 70% of El Morro - 01-07-2010 - Chile
http://www.bnamericas.com/news/mining/Goldcorp_makes_deal_with_New_Gold_to_grab_70*_of_El_Morro/173861537
* Chuquicamata workers return after strike ends - 01-06-2010 - Chile
http://www.bnamericas.com/news/mining/Chuquicamata_workers_return_after_strike_ends/173861537
* Antamina approves US$1.3bn expansion - 01-05-2010 - Peru
http://www.bnamericas.com/news/mining/Antamina_approves_US*1,3bn_expansion/173861537
* Andean American's Invicta EIA approved, financing underway - 01-04-2010 - Peru
http://www.bnamericas.com/news/mining/Andean_American*s_Invicta_EIA_approved,_financing_underway/173861537
* British Columbia supreme court approves Fortune Valley, UME merger - 12-31-2009 - Regional
http://www.bnamericas.com/news/mining/British_Columbia_supreme_court_approves_Fortune_Valley,_UME_plan_of_arrangement/173861537
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