Bond deal lets Inca One ramp up in Peru
VANCOUVER – A creative debt package is giving Inca One Resources (TSXV: IO) the $5.5 million it needs to expand Chala, the gold mill in Peru where the company processes ore from artisanal miners.
Gold
Latin American Minerals dreams big in Paraguay
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…
Second gold discovery for Orca Gold in Sudan
VANCOUVER — In the first drill program ever to test the 7,000 sq. km Block 14 property in Sudan, Orca Gold (TSXV: ORG; US-OTC: CANWF) pulled intercepts like 2.39 grams gold per tonne over 63 metres, 3.7 grams gold over 31 metres and 13.6…
Centerra eyes lower costs going forward
Falling gold prices and rising costs combined to take a bite out of Centerra Gold’s (TSX: CG) bottom line, although not to the extent analysts had expected.
Kinross steadies operations, cuts costs
Kinross Gold (TSX: K; NYSE: KGC) is meeting the challenge of lower gold prices the old-fashioned way: by driving down costs and producing more gold.
Newmont sells Jundee mine in Australia to Northern Star
VANCOUVER — It’s no secret that Newmont Mining (NYSE: NEM) is looking to monetize its non-core assets, and that process has taken another step with the all-cash sale of the company’s Jundee underground gold mine, 45 km…
Trevali’s Caribou looks profitable
Trevali Mining (TSX: TV; US-OTC-TREVF) is firing on all cylinders, with commercial production underway since February at its Santander zinc–lead–silver mine in Peru, and a preliminary economic assessment (PEA) newly wrapped up at…
B2Gold shows operational savvy in Q1
First-quarter results for B2Gold (TSX: BTO; NYSE-MKT: BTG) are in, and they show a company that is establishing itself as a bonafide mid-tier gold producer.
Garibaldi hits silver and gold in Mexico, hunts copper in BC
VANCOUVER — Ten years of developing and permitting new technology, staking ground, flying surveys, mapping, sampling, and finally, identifying drill targets, is paying off for Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF): it has hit a…
Ximen sizes up gold, silver potential in southern BC
VANCOUVER — It’s early days for the team at Ximen Mining (TSXV: XIM; US-OTC: XXMMF), but president and CEO Christopher Anderson has big plans for its historic gold and silver projects in southern B.C. Ximen has locked down a pair of…