South America

Machine operators move material at Yamana Gold's Gualcamayo gold mine in Argentina. Photo by Yamana Gold

Yamana grows yearly profits by 17%

Yamana Gold (YRI-T, AUY-N) has reported a US$89.5-million profit for the fourth quarter of 2011.  It’s a 28% decrease from the same period a year ago, following a one-time, US$81-million impairment loss on investments. 


Drillers at Talon Metals' Trairao iron ore project in Para State, Brazil. Photo by Talon Metals

Talon sizes up iron ore at Trairao in Brazil

Talon Metals (TLO-T) has released a slew of drill results from its extensive 2011 exploration program, showing iron content in weathered and fresh rock at its Trairao project in Brazil.


A drill set up at Coro Mining's Berta copper project, 20 km west of the village of Inca de Oro in Chile's Region III. Photo by Coro Mining

Coro options more copper ground in Chile

Coro Mining (COP-T) has signed an option agreement with a local Chilean company to acquire El Desesperado — a 7-sq.-km property hosting porphyry copper-style mineralization 16 km southwest of Codelco’s Chuquicamata copper mine in…


Machines moving earth at Lachlan Star's CMD gold mine in Andacollo, Chile, 350 km north of Santiago. Photo by Lachlan Star

Lachlan finds its gold star in Chile

In December 2010 Perth-based Lachlan Star (LSA-T, LSA-A) went from exploring in Australia and Africa, straight into producing gold in the Americas after buying the CMD gold mine in Andacollo, Chile.  


Malaga expands tungsten resource

Three years ago when Pierre Monet went out on the road to talk to the investment community about tungsten, he would spend about 60% of his time explaining what the metal was all about. Today the president and chief executive of tungsten…


Lachlan finds its gold star in Chile

Vancouver — In December 2010 Perth-based Lachlan Star (LSA-T,LSA-A) went from exploring in Australia and Africa straight into producing gold in the Americas after buying the CMD gold mine in Andacollo, Chile.  


Batero drops 50% on resource estimate

Shares of Batero Gold (BAT-V) took a deadly plunge after disappointing the market with its initial resource estimate at the Batero-Quinchia project in Risaralda, Colombia.


A bridge over the thickener at Anglo American's Los Bronces copper mine in Chile. Photo by Anglo American

Copper market more balanced in 2013-2014

Copper could see above-trend production increases in 2012, Bank of America Merrill Lynch asserts in a Jan. 24 report on base metals. The bank’s global commodity research team forecasts a more balanced market by 2013, “which could…


A conveyor piles material at BHP Billiton and Rio Tinto's Escondida copper mine in Antofagasta Province, Chile. Photo by BHP Billiton

BHP and Rio double down on copper

BHP Billiton (BHP-N) and Rio Tinto (RIO-N) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants have unveiled plans to commit over US$4 billion to expand copper production at operations in Chile…


Sea change at Seafield

Sometimes a little change can do a company a lot of good. In the case of Seafield Resources (SFF-V), change has come in the form of a new management team and the good it hopes to do is revive investor interest in what was briefly one of the…


Yamana ups yearly profits by 17%

Yamana Gold (YRI-T, AUY-N) reported a US$89.5-million profit for the fourth quarter of 2011, a 28% decrease from the same period a year ago, thanks to a one-time US$81-million impairment loss on investments.


BHP and Rio double-down on copper

Vancouver — BHP Billiton (BHP-N, BHP-L, BHP-A) and Rio Tinto (RIO-N, RIO-L, RIO-A) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants unveiled plans to commit over U$4 billion to expand…


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