Ecuador pushes for mining investment at PDAC
Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.
South America
Dynacor’s milling strategy pays exploration costs
At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…
Lundin, Beaty bullish on Ecuador’s prospects
VANCOUVER — There are some savvy investors who are banking on a profitable shift in the Ecuadorian government’s approach to mineral exploration and development. The country has been high on the socio-political risk ladder over…
PDAC 2015: Mines Minister says Colombia is picking up the pace
Colombia’s mining sector makes up 3% of the country’s gross domestic product. It is the world’s fourth-largest coal producer at 90 million tonnes per year, the tenth-largest nickel producer, and it is rich in copper, precious…
Sandstorm buys Diavik diamond mine royalty
Gold-focused royalty and streaming company Sandstorm Gold (TSX: SSL; NYSE: SAND) has branched out into diamonds.
NGEx builds on discovery in Chile-Argentina
VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…
Downturn a chance for governments to craft competitive policies: World Bank
Like other regions, Latin America has seen a slowdown in mining investment owing to the global decline in commodities prices.
Red Eagle poised to build Colombia’s next gold mine
VANCOUVER — It’s been a rapid race to production for junior Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) at its Santa Rosa gold project, 70 km north of Medellin, Colombia. On March 10 the company received an environmental licence for…
PDAC 2015: Greg McCoach’s firms to watch in 2015
Newsletter writer Greg McCoach of the Mining Speculator is sharing a number of quality names that he believes are worth looking at, despite the current downturn in the resource market, in part due to the strong U.S. dollar.
Goldsource closes in on production at Eagle Mountain
VANCOUVER — It’s all about profitable ounces for junior Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) at its fledgling Eagle Mountain project, 230 km southwest of Georgetown, Guyana.
Tahoe steamrolls through 2015
There’s no slowing down for Tahoe Resources (TSX: THO; NYSE: TAHO).
Mandalay shines in tough markets
It’s no surprise analysts have been praising Mandalay Resources (TSX: MND; US-OTC: MNDJF) for meeting its production guidance and paying dividends, which many competing juniors are struggling to do in the bleak commodity price environment.