Study bumps value by 21% for B2Gold’s Gramalote
A new feasibility study for B2Gold’s (TSX: BTO; NYSE: BTG) Gramalote open pit project in central Colombia lifts the net present value (NPV) by 21% while it cuts capital costs…
South America
Brazilians slash Jaguar tailings fine
Jaguar Mining (TSX: JAG) says it has negotiated down a fine from Brazil’s Minas Gerais state to about a fifth of the amount issued for a tailings rupture at the…
Collective encounters high-grade gold in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) expanded the mineralized area at Colombia’s Guayabales project as it released assay results from six new drill holes. The stock jumped. Hole APC-122…
Excellon surges to 2-year high after Peruvian acquisition
Excellon Resources’ (TSXV: EXN) shares jumped to their highest level in two years on Friday amid the company’s preparations to restart production next year at the Mallay silver-lead-zinc mine in…
Ero logs high-grade hits at Brazil gold-copper project
Early-stage drilling at Ero Copper’s (TSX, NYSE: ERO) Furnas copper-gold project in northern Brazil’s Carajás region returned high-grade intercepts that extend known mineralization to a depth of 730 metres. Hole…
Capstone wins key permit to expand Mantoverde
Capstone Copper (TSX: CS; ASX: CSC) has secured environmental approval from authorities in Chile’s Atacama region for its $150-million Mantoverde Optimized (MV-O) project. The green light extends the mine’s life…
Dundee gets OK for Ecuador gold project
Dundee Precious Metals (TSX: DPM) has the full go-ahead to proceed with its Loma Larga underground gold project after the government of Ecuador granted the company its environmental licence for…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
Marimaca surges to 13-year high on copper hits in Chile
Marimaca Copper (TSX: MARI; ASX: MC2) shares soared to a new 13-year high Thursday on the release of copper sulphide drill results as high as 6 metres grading 12% copper…
Ero says Tucumã hits commercial copper output
Ero Copper (TSX, NYSE: ERO) said its Tucumã copper operation in Brazil achieved commercial production this week – though at least one analyst was left wondering if the company would…
Lupaka Gold skyrockets on arbitration win against Peru
Shares of Lupaka Gold (TSXV: LPK) skyrocketed to a three-year high on Wednesday after an international tribunal announced it would award the Canadian miner $65 million (C$88.3 million) in its…