South America

Dynacor Gold Mines' Huanca gold mill in Peru, 450 km south of Lima, which is set to produce 75,000 to 80,000 oz. gold this year.  Credit: Dynacor Gold Mines

Dynacor’s milling strategy pays exploration costs

At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…


The camp at Lundin Gold's Fruta del Norte gold project in Ecuador. Credit: Lundin Gold

Lundin, Beaty bullish on Ecuador’s prospects

VANCOUVER — There are some savvy investors who are banking on a profitable shift in the Ecuadorian government’s approach to mineral exploration and development. The country has been high on the socio-political risk ladder over…




The Los Helados valley on the Chile-Argentina border, where NGEx Resources has one of its Los Helados copper-gold project. Source: NGEx Resources

NGEx builds on discovery in Chile-Argentina

VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…







Loading rock into a haul truck at Mandalay Resources' Bjorkdal gold mine in northern Sweden. Credit: Mandalay Resources

Mandalay shines in tough markets

It’s no surprise analysts have been praising Mandalay Resources (TSX: MND; US-OTC: MNDJF) for meeting its production guidance and paying dividends, which many competing juniors are struggling to do in the bleak commodity price environment.


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…


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