South America

Drillers at Verde Potash's Cerrado Verde potash project in western Minas Gerais, Brazil. Credit: Verde Potash

Verde Potash scores major funding from Brazilian government

VANCOUVER — It has been just over five years since Verde Potash (TSX: NPK; US-OTC: AMHPF) staked its Cerrado Verde potash project in western Minas Gerais, Brazil, with the goal of meeting the country’s growing fertilizer demand. And…


Augusta Resource's Rosemont copper project  in Arizona. Credit: Augusta Resource

Augusta blasts Hudbay’s ‘lowball’ hostile bid

Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…


Looking south towards the Crux Zone at Atacama Pacific Gold's Cerro Maricunga Oxide gold deposit in northern Chile. Credit: Atacama Pacific Gold

Atacama Pacific Gold grows Cerro Maricunga

Over the last three years, Atacama Pacific Gold (TSXV: ATM; US-OTC: ACPGF) has advanced its Cerro Maricunga gold deposit in northern Chile from a grassroots discovery to one of the largest undeveloped oxide gold deposits in the world, with 3.5…


Carpathian’s RDM mine remains closed, CEO resigns

Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22%  to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…


PotashCorp’s Q4 earnings fall 46%

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.


Conveyors move material in the processing plant at Coeur Mining's Kensington gold mine, 70 km northwest of Juneau, Alaska. Credit: Coeur Mining

Coeur’s 2014 production guidance causes concern

Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…


Troy models low-cost gold mine at West Omai in Guyana

VANCOUVER — With lower overall gold prices taking hold, it’s become important for developers to find affordable projects — and Latin America-focused Troy Resources’ (TSX: TRY; US-OTC: TRYRF) wholly owned West Omai gold…


Trenching by U3O8 Corp. at the Laguna Salada uranium project in Argentina's Chubut province. Credit: U3O8 Corp.

U3O8 eyes JV with Chubut gov’t at Laguna Salada

VANCOUVER — There are a myriad of issues that can raise trip up mine developers in Argentina, but it looks like Toronto-based U3O8 Corp.’s (TSX: UWE; US-OTC: UWEFF) Laguna Salada uranium–vanadium project in Chubut province…


Osisko president and CEO Sean Roosen.

Osisko board slams Goldcorp offer

Osisko Mining’s (TSX: OSK; US-OTC: OSKFF) board has provided a long list of reasons why it believes its shareholders should reject the hostile $2.6-billion takeover bid tabled by Goldcorp (TSX: G; NYSE: GG) on Jan. 14. 




Processing facilities at Carpathian Gold's Riacho dos Machados   gold mine in Brazil. Credit: Carpathian Gold

Carpathian suspends new RDM gold mine

Carpathian Gold (TSX: CPN; US-OTC: CPNFF) has temporarily halted production at its new Riacho dos Machados (RDM) gold mine in Brazil, a day after pouring its first doré gold bar.


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