South America

Capstone Mining's   Santo Domingo iron oxide-copper-gold project in Chile. Source: Capstone Mining

Santo Domingo feasibility expected in less than a year

When Capstone Mining’s (CS-T) Santo Domingo iron oxide-copper-gold project in Chile eventually enters commercial production in 2017 or 2018 — at an estimated capital cost of between US$1.5 billion and US$1.8 billion — the…


A tailings thickener under construction at Hudbay Minerals' Constancia copper-molybdenum-silver project in southeastern Peru. Source: Hudbay Minerals

Hudbay on schedule at Constancia despite rain

VANCOUVER — Operating in the Peruvian Andes can offer a range of challenges, not the least of which is a rainy season that usually runs from September through April. And heavy rains proved to be an issue for Canadian base metal producer…



Tahoe Resources' Escobal silver project in Guatemala. Source: Tahoe Resources

Tahoe secures US$50 million credit facility

Chief executive Kevin McArthur of Tahoe Resources (THO-T, TAHO-N) says the company expects to start commissioning the mill at its Escobal silver project in Guatemala in the second half of this year and has received a US$50 million secured…


A man studies drill core at Solvista Gold's Caramanta project in Colombia. Source: Solvista Gold

Solvista rises on long gold-copper intercept at Caramanta

VANCOUVER — The intercept returned a great set of numbers: 457 metres averaging 1.01 grams gold per tonne, 0.21% copper and 2.3 grams silver per tonne, starting at surface. For the team at Solvista Gold (SVV-V), however, the real buzz…


A drill rig in the a distance at Coro Mining's Berta copper project in Chile. Source: Coro Mining

Juniors like Coro face tough choices

Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.  


Mills spin at Fortuna Silver Mines' Caylloma silver-gold-zinc-lead mine in southern Peru. Source: Fortuna Silver

Drilling returns more silver and gold at Fortuna’s mines

VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…


Facilities at Eldorado Gold's Efemcukuru gold mine in Turkey. Source: Eldorado Gold

Eldorado perseveres on the road to more ounces

VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.


Drillers at Red Eagle Mining's Santa Rosa gold project in Colombia. Source: Red Eagle Mining

Consistent gold hits for Red Eagle in Colombia

VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.



Coeur’s revamp

Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.


The coal loading facility at Teck's Elkview operation in southeastern British Columbia. Source: Teck Resources

Cheap coal hits Teck’s bottom line

Teck Resources’ (TCK-T, TCK-N) first-quarter performance beat analyst expectations but came in lower compared to a year ago, owing to global economic uncertainty and weaker commodity prices.


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