Trevali adds tonnes to Santander resource
VANCOUVER — Trevali Mining (TV-T) has added significantly to the resource base at its Santander mine in Peru as it advances the project towards production.
South America
Barrick undeterred by latest Argentinian court ruling
Despite an unfavorable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua Lama project will push ahead.
Chubut’s draft mining legislation confounds miners
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s Chubut province becomes law, its Navidad silver project will become uneconomic.
Sunward expands Titiribi resource to 4.6M+ oz. gold
Sunward Resources (SWD-T) believes it could be sitting on top of Colombia’s next gold district, and its latest resource estimate lends some credit to the notion.Its flagship wholly owned Titiribi gold-copper project is located in…
Belo Sun outlines Volta Grande’s potential
Belo Sun Mining (BSX-T) has tabled an initial resource estimate for its newly delineated South Block area at the Volta Grande gold project in Brazil’s Para State.The estimate shows that the Pequi, Grande and Itata deposits host 4 million…
Sandspring soldiers on at Toroparu in Guyana
It has been a rough year for junior explorer Sandspring Resources (SSP-V), with its share price plummeting 67%, or $1.60, to lows of 57¢ in May. The company has suffered from questions concerning the economics of its low-grade,…
Atico looks to repeat Fortuna’s success
Recently listed Atico Mining (ATY-V) has joined the rush of companies exploring for gold in Colombia, but the company plans to set itself apart with its unique management team and strategy.The team includes many of the people behind the success…
McEwen doubles resource at Los Azules
Indicated resources have more than doubled to 4.6 billion pounds of copper at McEwen Mining’s (MUX-T, MUX-N) Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion pounds of copper.
Vale secures license for Serra Sul mega development
VANCOUVER — Brazilian mining giant Vale SA (VALE-N) has received its preliminary environmental license for what will be the world’s largest iron-ore project. Serra Sul, or Carajas S11D, is a US$20-billion expansion initiative at the…
Goldcorp overcomes Barrick’s legal challenge
VANCOUVER — Canadian miner Goldcorp (G-T, GG-N) has emerged the victor following a lengthy legal tussle with competitor Barrick Gold (ABX-T, ABX-N) over a majority interest in Chile’s massive El Morro copper-gold…
Brazil mining code stirs uncertainty
Revisions to Brazil’s mining code may cancel mineral rights that the government deems strategic such as phosphate, potash, and rare earth elements, Reuters reported yesterday, quoting unnamed but “high-level” government and…
Coeur aims to fortifies cash position with senior note offering
VANCOUVER — It has not been a very hospitable market in the silver space over the past four months, with prices for the precious metal dropping from a high of US$37 per oz. in late February to a low of US$27 per oz. by late June. Though…