South America

Rio Novo Gold moves Almas forward

Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its 100%-owned Almas gold project in Brazil’s Tocantins state during the third quarter of this year and if all goes according to plan initial production could…


Prospecting finds new targets at Cuiu Cuiu

The heyday at northern Brazil’s Cuiú Cuiú gold district spanned 1972-1992 when 5,000-10,000 garimpeiros collected in this corner of Para state to work the rich alluvial deposits draining into the Tapajós River.


Lundin’s NGEx targets copper-gold in Chile

VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…


Extorre enjoys 8% share boost following Cerro Moro PEA

VANCOUVER — Markets reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment on its Cerro Moro gold-silver project 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.



A leach pad, tailing ponds and other processing facilities at Silvercrest Mines' Santa Elena gold-silver mine in Hermosillo, Mexico - one of Sandstorm Gold's producing gold streams. Photo by Silvercrest Mines

Sandstorm Gold a rising star in commodity-stream financing

Sandstorm Gold (SSL-V) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm took the idea of…



Fortuna sees a reversal of fortunes

Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.


First Quantum preps Sentinel for production

First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.



Looking northwest towards the Phoenix zone at Atacama Pacific Gold's Cerro Maricunga gold project in Chile. Photo by Atacama Pacific Gold

Atacama’s drills keep turning

Atacama Pacific Gold (ATM-V) is reporting positive results from third-phase drilling at its Cerro Maricunga gold project 140 km northeast of Copiapo, Chile. 


Continental rebounds on Buritica results

Continental Gold (CNL-T) has released high-grade assays on 13 drill holes collared on its fully owned Buritica gold-silver-zinc property in Antioquia, Colombia. 


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