Lumina encouraged by results at Cangrejos in Ecuador
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) has tabled a preliminary economic assessment (PEA) for its 63 sq. km Cangrejos gold project in Ecuador’s El Oro province, 30 km southeast of…
South America
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index rose 1.3% to 191.66, while…
Horizonte Minerals advances two assets in Brazil
Six months ago, Jeremy Martin, founder and CEO of Horizonte Minerals (TSX: HZM; LON: HZM), bought the Vermelho nickel-cobalt project in Brazil from Vale (NYSE: VALE) for US$8 million in…
TSX Venture inches lower, May 28-June 1
The S&P/TSX Venture Composite Index continued a decline that started in mid-May, falling 1.2% to end the trading week at 765.94. Shares of Goldex Resources rose 69¢ to $1.16 after…
Altius spins out copper play Aethon Minerals
Newly formed copper explorer Aethon Minerals (TSXV: AET) is adding to its already large Chilean land package with an option agreement to acquire full interest in the Llanos de Llahuin…
TSX inches higher while gold dips, May 14-18
Canada’s benchmark index rose 0.47% to 16,162.31 during a week that saw little movement in Canadian markets. The S&P/TSX Global Mining Index rose 0.12% to 75.25 and the S&P/TSX Global…
Guyana Goldstrike trenches Marudi ahead of drilling
Guyana Goldstrike (TSXV: GYA) has completed preliminary mapping, trenching and sampling at the Paunch area on its Marudi gold project in Guyana’s Guiana gold belt — phase one of its…
Rio2 to merge with Atacama Pacific
Alex Black and his team have built two mines in Peru — La Arena and Shahuindo — and in the process nurtured Rio Alto Mining from a $12-million company in…
Leagold pursues new resource at Los Filos gold mine
Leagold Mining (TSX: LMC) has tabled new step-out drill results from the underground portion of its Los Filos gold mine, 230 km south of Mexico City. The company has drilled…
South America Snapshot: Lithium joins gold and silver as top targets
Higher commodity prices have a brought a fresh wave of exploration and pilot-stage mining to South America by Canadian-based juniors. While gold projects remain a favourite, silver and lithium are…
TSX rises slightly, April 30-May 4
Canada’s benchmark index rose 0.38% to 15,729.4, with little movement in Canadian markets. The S&P/TSX Global Mining Index rose 1.62% to 73.18, while the S&P/TSX Global Gold Index fell 0.13%…