South America

McEwen Mining president Ian Ball.

Ian Ball takes the reins at McEwen Mining

Outside the tech industry, there aren’t too many sectors of the economy where you can find 31-year-old presidents of major companies, and certainly not in the field of mining, where the demographics in management are often skewed in the…


Exeter's Caspiche gold-copper project in Chile's Maricunga gold belt. Source: Exeter Resource

Exeter downsizes Caspiche to cut costs

Exeter Resource (TSX: XRC) is considering building a smaller-scale operation at its Caspiche gold-copper project in Chile’s famed Maricunga gold belt to lower start-up costs compared to developing a super pit that was proposed in its…


Belo Sun’s permits in question

Permitting issues may be brewing around Belo Sun Mining’s (TSX: BSX; TSXV: BSX) flagship Volta Grande gold project in Brazil’s northern Para state, according to recent media reports.   


Peru approves Sulliden Gold’s EIA

Nearly nine months after Sulliden Gold (TSX: SUE; US-OTC: SDDDF) submitted an environmental impact assessment of its Shahuindo gold project in Peru, the country’s Ministry of Energy and Mines has given the green light to the proposed…


Exploration drilling from the surface at Sierra Metals' underground Yauricocha polymetallic mine in Peru. Source: Sierra Metals

Sierra Metals goes deeper at Yauricocha

Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.


Community members at a public hearing in April for Bear Creek Mining's Corani silver-lead-zinc project in Peru. Source: Bear Creek Mining

Bear Creek nears permitting milestone at Corani

VANCOUVER — It has been a two-year journey for Peruvian-focused junior Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) and its flagship, wholly owned Corani silver-lead-zinc project, located 160 km southeast of Cusco. But after concluding…


Eldorado sees promising exploration results

Eldorado Gold (TSX: ELD; NYSE: EGO) has been keeping busy, with 106,500 metres drilled so far this year at its mine sites and exploration targets in China, Turkey, Brazil, Romania and Greece.


Carpathian sinks on financing

Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.


Sierra Metals is doubling the mill capacity at its Bolivar copper-zinc-silver mine in Mexico to 2000 tonnes per day. Source: Sierra Metals

Sierra Metals keeps faith in exploration

There are two ways to look at the current rough conditions in the mining equity markets: investors can believe in the “sky is falling” scenario and stay clear for an indeterminate period of time, or they can see present conditions…


Looking northwest at the Samaniego pit at McEwen Mining's El Gallo 1 gold-silver mine in Sinaloa, Mexico. Source: McEwen Mining

McEwen Mining’s record Q2, new optimism on Argentina

Even with an after-tax, non-cash impairment charge of US$123.6 million related to the decline in metal prices and potential costs associated with a 1% tax on economically viable mineral reserves in Argentina’s Santa Cruz province, McEwen…


A ball mill at Tahoe Resources' Escobal silver mine in Guatemala. Source: Tahoe Resources

Tahoe’s Escobal silver mine poised for start-up

With US$99.2 million in cash on its balance sheet, including proceeds from a US$50-million loan received in June, Tahoe Resources (TSX: THO; NYSE: TAHO) says it is all cashed up to start full production at its Escobal silver mine in…


Minera IRL's Don Nicolas gold project in southern Argentina. Source: Minera IRL

Minera IRL raises US$80M for Don Nicolas mine construction

Minera IRL (TSX: IRL; LSE-AIM: MIRL) has struck a US$80-million debt and equity deal with private Argentine business interests that will allow the Lima-based gold miner to go ahead with mine construction at its advanced Don Nicolas gold project…


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