BHP boosts investment in SolGold
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders…
South America
Lundin Gold pours first doré bar at Fruta del Norte in Ecuador
Lundin Gold (TSX: LUG) has produced its first doré bar at the Fruta del Norte (FDN) mine in southeastern Ecuador. The first export of concentrate and dore is anticipated by mid-December…
TSX Venture falls, Nov. 11-15: Great Bear, Aurania, Callinex, Osino
The S&P/TSX Venture Composite Index fell 1.56% to 528.58. Spot gold finished at US$1,467.90 per oz., up 0.62%. Shares of Great Bear Resources jumped 70¢, or 11.9%, to $6.57. The…
US markets move higher, Nov. 11-15: Sibanye-Stillwater, Wheaton, Arch Coal
The Dow Jones Industrial Average rose 1.17% to 28,004.89, and the S&P 500 Index increased 0.89% to 3,120.46. Spot gold gained 0.62% to US$1,467.90. Sibanye-Stillwater climbed US52¢ per share, or…
Unrest worsens in Bolivia as Evo Morales steps down
More than 20 people have died in clashes between protesters and security forces in Bolivia since disputed presidential elections in October and the resignation of Evo Morales on Nov. 10….
Mexico’s environmental authority halts Almaden’s Ixtaca project
Mexico’s environmental authority, Semarnat, has suspended permitting for Almaden Minerals’ (TSX: AMM; NYSE-AM: AAU) Ixtaca gold-silver project in the state of Puebla, pending the resolution of a lawsuit that challenges…
Trevali reports record quarterly zinc production
Trevali Mining (TSX: TO) released Q3 financial and operating results from its operations in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a…
Editorial: Argentina shifts to the left
Four years ago, Argentines elected Mauricio Macri as their president on his promise to fix the country’s troubled economy after 12 years of populist government under Cristina Fernandez de Kirchner…
Guyana Goldfields plummets after major quarterly miss
Shares of gold producer Guyana Goldfields (TSX: GUY) dropped as much as 38% on a weaker-than-expected performance during the third quarter from its wholly owned Aurora gold operation in western…
US markets move higher, Oct. 28-Nov 1: Buenaventura, Rio Tinto, Southern Copper
The Dow Jones Industrial Average rose 1.44% to 27,347.36 and the S&P 500 Index increased 1.47% to 3,066.91. Spot gold gained 0.67% to US$1514.10 per ounce. Compania de Minas Buenaventura…
Advantage Lithium completes study on Cauchari
Advantage Lithium (TSXV: AAL) released the results of a prefeasibility study on its 75%-owned Cauchari project in northern Argentina’s Jujuy province. The prefeasibility study, announced in October, outlined an operation…
Newmont Goldcorp begins commercial production at Quecher Main
The Quecher Main project at Newmont Goldcorp’s (TSX: NGT; NYSE: NEM) Yanacocha gold mine in Peru has achieved commercial production ahead of schedule and under budget. The project will extend the life…