South America

More exploration ahead for B2Gold in the Philippines

B2Gold (TSX: BTO; NYSE-MKT: BTG) will spend $6.2 million on exploration this year in the Philippines near its Masbate open-pit gold mine, and recent drill results suggest that the company may have a good shot at enhancing the mine’s…



A raw water pond at MBAC Fertilizer's  Itafos Arraias project in Brazil. Credit: MBAC Fertilizer

MBAC thriving in Brazil’s fertilizer sector

After a three-year decline, phosphate fertilizer prices are rising again. Prices for diammonium phosphate, the most commonly used fertilizer, have increased by 20% since bottoming last November, while prices for triple super phosphate have…




Workers unloading rods at a drill site at Colombian Mines and Teck Resources' Yarumalito gold-copper porphyry project in Colombia. Credit: Colombian Mines

Colombian Mines buoyed by assets

VANCOUVER — Colombian Mines (TSXV: CMJ; US-OTC: CMBPF) has remained active on the exploration front through a hybrid strategy of project generation and organic discovery.


Flotation recovery cells at Trevali Mining's Santander Mine in Peru: Credit: Trevali Mining

Trevali transitions from developer to producer in Peru

It took Trevali Mining (TSX: TV; US-OTC: TREVF) just six months to move its Santander zinc–lead–silver mine in Peru from commissioning to commercial production, and now the Vancouver-based company says it’s ready to develop…


TSX stays up, Feb. 18-21

The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…


Geologist Edwin Mayta (right) at Panoro Minerals' Cotabambas copper project, 50 km west of Cuzco. Credit: Panoro Minerals

Panoro looks forward to ‘transformational year’

Luquman Shaheen, the CEO of Panoro Minerals (TSXV: PML; US-OTC: POROF), remains upbeat and optimistic about the prospects of the company’s Cotabambas copper–gold–silver–molybdenum project and Antilla…


The Susan and Diana pits at Mineral IRL's Corihuarmi gold mine in the Andes of central Peru. Credit: Minera IRL

Minera IRL eyes near-term growth

Lima-based Minera IRL (TSX: IRL; LSE: MIRL) has exited 2013 on an upbeat note, and says it is on track to grow its gold production over the next two years.


Processing facilities at Yamana Gold's El Penon gold-silver mine in northern Chile. Credit: Yamana Gold

Yamana takes US$536M impairment charge in Q4

Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.


Unidentified men in conversation overlooking Belo Sun's Volta Grande gold project in Brazil. Credit: Belo Sun Mining.

Belo Sun revises Volta Grande’s mine plan

Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) has gone with a start-small-but-finish-big approach in a preliminary economic assessment (PEA) for its Volta Grande gold project in Brazil’s Para state.


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