Gold

Lumina finds new zones at Taca Taca

New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina ­Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s ­decision last month to nationalize…


Continental Gold's Buritica gold project in Colombia. Photo by Continental Gold

Colombian drilling lifts Continental Gold

Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢, or 3.9%, to $7.38 apiece on June 4.Highlights from the holes drilled into the Yaragua system…



Panoro Mineralspersonnel and visitors at the Cotabambas copper-gold project in Peru, 48 km southwest of Cuzco. Photo by Ian Bickis

Panoro shows promise in Peru

Panoro Minerals (PML-V) has over a dozen properties in Peru, but is focusing on developing its two advanced-stage projects in the country’s southeastern region.Its top priority is the wholly owned Cotabambas copper-gold project,…


A mill at Yamana Gold's El Penon gold-silver mine, 160 km southeast of Antofagasta, Chile. Photo by Yamana Gold

Yamana ramps up exploration at El Penon

Of Yamana Gold’s (YRI-T, AUY-N) $125-million budgeted for exploration this year — a 10% increase over 2011 — about $29.5 million, or 23%, is earmarked for northern Chile, where it owns 100% of the high-grade El Penon…


Banro faces delay during Twangiza ramp-up

VANCOUVER — Just days after taking the keys from mine developer Banlaw Afrique, Canadian gold outfit Banro Corp. (BAA-T, BAA-X) has run into delays during the comissioning of its 100%-owned Twangiza open-pit mine 45 km southwest of Bukavu…


Centerra drops as Kyrgyz gov’t reviews Kumtor

Centerra Gold (CG-T) plunged more than 30% as the Kyrgyz parliament debated the fate of the company’s Kumtor gold project in Kyrgyzstan on Friday, while investors worried about the possibility of Centerra losing its mining licence.




Gran Colombia builds up Marmato

Gran Colombia Gold (GCM-T) has made a significant boost to its resources at its Marmato project in Colombia, even if it did cost a bit of grade to do so.


Iamgold to sell Quimsacocha

Shares of INV Metals (INV-T) surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from Iamgold (IMT-T) in a move it hopes will take it from a junior exploration company to an…


Chile, Peru must meet energy challenges as mining booms

VANCOUVER — The Andean nations of Chile and Peru are firmly established as the top copper producing locales in the world. Chile holds the number one spot with annual production clocking in at roughly 4.9 million tonnes, while Peru sits in…


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