South America

Equipment in the pit at Kinross Gold's Tasiast gold mine in Mauritania. Credit:  Kinross Gold

Kinross defers Tasiast mill expansion

Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…


Yamana Gold's Cerro Moro gold-silver project in Santa Cruz, Argentina. Credit: Yamana Gold

Yamana aims to apply ‘lessons learned’ at Cerro Moro

VANCOUVER — It’s become relatively rare to see intermediate gold producers commit capital to new developments, but Yamana Gold (TSX: YRI; NYSE: AUY) is bucking the trend at its Cerro Moro low-sulphidation epithermal deposit in Santa…


Rocks travel on a conveyor at Coeur Mining's mill at its Kensington gold mine in Alaska. Credit: Coeur Mining

Coeur takes US$1B writedown in 2014

Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.


A conveyor moves ore out of the crusher at Hudbay Minerals' new Constancia copper mine in southern Peru. Credit: Hudbay Minerals

Hudbay looks forward to big returns on investment in 2015

VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…





A helicopter drops off equipment to a drill platform at Tower Resources' JD project in B.C. Credit: Tower Resources

Kaizen sizes up Tower Resources

Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third. 


The Calaorco pit at Tahoe Resources' La Arena gold mine in northern Peru, 480 km northwest of Lima. Credit: Rio Alto Mining.

Tahoe launches friendly bid for Rio Alto Mining

After a brief courtship that started at the Denver Gold Forum in September 2014, Tahoe Resources (TSX: THO; NYSE: TAHO) and Rio Alto Mining (TSX: RIO; NYSE: RIOM) are tying the knot.



James Kindon, ENRC group compliance officer.

Mining industry revisits anti-corruption procedures

Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…



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