South America

Cordoba hits mineralization at San Matias

VANCOUVER — The first four holes into the San Matias project in Colombia all returned significant copper and gold grades over good lengths for owner Cordoba Minerals (TSXV: CDB).


Azincourt president and CEO Ted O'Connor examines historical drill core at the Patterson Lake North project in Saskatchewan. Credit: Azincourt  Uranium

Azincourt CEO talks Peruvian uranium acquisitions

VANCOUVER — Though junior Azincourt Uranium (TSXV: AAZ; US-OTC: AZURF) is a relatively new arrival to the exploration game — the company completed its listing prospectus in April 2012 — it has made waves by locking down a…


Azincourt picks up Peruvian uranium portfolio

VANCOUVER — Though junior Azincourt Uranium (TSXV: AAZ) is a relatively new arrival in the exploration game — the company completed its listing prospectus in April 2012 — it made waves early by locking down a piece of the…


Dynacor Gold Mines CEO Jean Martineau at the Huanca gold mill in Peru, 450 km south of Lima. Photo by Trish Saywell.

Dynacor’s strategy sets it apart

TUMIPAMPA, PERU — Junior exploration budgets have shrivelled by as much as 39% this year according to a study released in October by SNL Metals Economics Group, but a visit to Dynacor Gold Mines’ (TSX: DNG; US-OTC: DNGDF) operations…


A barge with equipment for Pacific Potash's Amazonas potash project in Brazil. Credit:  Pacific Potash

Pacific Potash gets the drills spinning at Amazonas

The growth story in China isn’t what it used to be, but the country still has an appetite for resources in the Americas, as demonstrated by an unnamed Chinese state-owned enterprise that is lending $10 million to Pacific Potash (TSXV: PP;…


Belo Sun getting closer at Volta Grande

Belo Sun Mining (TSX: BSX) was  close to seeing construction begin on its Volta Grande project in Brazil but due to recent events in Brazil’s Para State it will have to wait a few more weeks to see if it gets approval.


An aerial view of Aura's San Andres  gold mine in Honduras. Credit: Aura Minerals

Aura improves ops, but seeks more funds

Aura Minerals’ (TSX: ORA) move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC…


MBAC shows Santana’s feasibility

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) is de-risking its Santana phosphate project in Brazil, with a feasibility study showing that the company could, for US$427 million, build a 32-year operation producing 500,000 tonnes of granulated…


Drilling equipment at Barrick's Pascua-Lama gold-silver project. Credit: Barrick Gold.

Barrick shelves Pascua-Lama

Barrick Gold (TSX: ABX; NYSE: ABX) has suspended construction at its controversial Pascua-Lama gold-silver project in Argentina and Chile, citing lower metal prices and regulatory and legal uncertainties.