Risk is a moving target
With more than 99.6% of the votes counted in Peru’s presidential election, it looks like left-wing Pedro Castillo of the Peru Libre party has defeated his right-wing opponent, Keiko Fujimori,…
South America
Leftist Castillo emerges as likely winner of Peru’s contested presidential election
Socialist candidate Pedro Castillo is emerging as the winner of Peru’s June 6 presidential elections, with 99.6% of the votes counted. According to the latest update, Castillo had about 50.2%…
Turmalina Metals intersects 4.3% copper at San Francisco project in Argentina
Drilling at Turmalina Metal’s (TSXV: TBX; US-OTC: TBXXF) San Francisco project in Argentina has returned high-grade copper mineralization from the San Francisco del Andes (SFdLA) breccia, one of more than…
BHP to pay $93m for environmental damages at Escondida
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), the majority owner and operator of Escondida copper mine in Chile, will have to spend up to US$93 million as part of an…
SolGold and Cornerstone to cooperate in Cascabel copper project
SolGold (TSX: SOLG; LSE: SOLG) and shareholder Cornerstone Capital Resources (TSXV: CGP) have ended a two-year standoff that cost the miner’s chief executive officer his post, agreeing to jointly advance…
Mineração Vale Verde completes Serrote copper-gold mine build
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget. At…
Balancing risk and reward in South America
The Northern Miner’s second-quarter Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the conference’s keynote speakers,…
Top Ten Canadian operators in the South American Cordillera
The Northern Miner and sister company MiningIntelligence have put together a list of the top ten Canadian operators in the countries that make up the South American Cordillera. Their order…
Dundee announces acquisition of INV Metals
Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn’t already own in junior miner INV Metals…
Goldsource seeks to chart scalable development of Eagle Mountain
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country’s second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview. On…
Bolsonaro vows to keep mining out of Yanomami reservation
President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals…