TriMetals Mining rises from the ashes of Bolivia
In the nearly half-century he has worked in the mining industry, Ralph Fitch has pretty much seen it all.
South America
Resource grows at Continental’s Buritic in Colombia
Continental Gold (TSX: CNL; US-OTC: CGOOF) has updated the resource estimate for the two major vein systems at its Buritica gold project in Colombia. Both systems are characterized by multiple, steeply dipping veins and broader, more…
Rio Alto to buy Sulliden Gold for $300M
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
Bond deal lets Inca One ramp up in Peru
VANCOUVER – A creative debt package is giving Inca One Resources (TSXV: IO) the $5.5 million it needs to expand Chala, the gold mill in Peru where the company processes ore from artisanal miners.
Latin American Minerals dreams big in Paraguay
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…
Uranium Energy advances Paraguay projects
Six years ago when Uranium Energy (NYSE-MKT: UEC) expanded its in-situ recovery uranium projects beyond those it was developing in southern Texas, one of the parts of the world the company took a close look at was Paraguay.
Bear Creek back in the saddle at Santa Ana
The courts of Peru have had Bear Creek Mining’s (TSXV: BCM) stock rolling.
New zone shines for Fortuna Silver at San Jose
VANCOUVER — Fresh from doubling the throughput at its San Jose silver–gold mine in Mexico, Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is finding that a steady stream of high-grade drill results from the mine’s new Trinidad…
Barrick’s Peter Munk defends successor John Thornton
During his farewell speech to shareholders at the company’s annual meeting on April 30, Barrick Gold’s (TSX: ABX; NYSE: ABX) founder and departing chairman Peter Munk said John Thornton is the “right guy” to…
Hudbay’s Manitoba business going strong and growing
Hudbay Minerals (TSX: HBM: NYSE: HBM) swung to a net loss in the first quarter of $27.2 million, or 15¢ per share, compared to a profit of $1.9 million, or 1¢ per share, in the first quarter of 2013, mainly due to a temporary…