Golden Minerals, ECU to hook up
Colorado-headquartered miner Golden Minerals (AUM-T, AUNM-X) and Toronto-based ECU Silver Mining (ECU-T) agreed to merge to create a new silver mining company focused mainly in Mexico and Argentina.
South America
Colombia: Still a tough sell
Growing interest in Colombia’s geological potential from resource companies and investors has helped the country become one of the world’s most popular mining destinations.
Santa Cruz gov’t approves Extorre’s EIA for Cerro Moro
The provincial government of Santa Cruz in southern Argentina has approved the environmental impact assessment of the proposed Cerro Moro gold-silver mine, Extorre Gold Mines (XG-T, XG-X) reports, and the results of a prefeasibility study are…
McEwen plans to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create a dynamic, mid-tier silver producer in the Americas.
Rio Novo Gold buys Toldafria in Colombia
After being lured away from a 25-year career in investment banking to take the helm of Rio Novo Gold (RN-T) and its two advanced-stage gold projects in Brazil, David Beatty was eager to find other equally promising gold projects in South…
GMV adds second drill to untested Guyana prospect
Vancouver-based gold explorer GMV Minerals (GMV-V) has two drills now turning at its never-before-drilled claim blocks in northwest Guyana. The company started drilling in early May and added the second rig in mid-June.
Magellan races to find more Brazilian gold
It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (mnm-v).
Mining in Colombia: a closer look
Vancouver – An ever-growing interest in the geological potential of Colombia from both resource companies and investors has helped the South American country become one of the world’s most popular mining destinations in recent years.
Rio Novo Gold is a near-term producer in Brazil
Rio Novo Gold (RN-T) hopes to become a near-term gold producer by bringing its two advanced-stage Brazilian properties into production — the Almas gold project in the southeastern part of Tocantins state and the Guaranta gold project in the…
New lithium junior gets ready to explore (June 13, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry-picking projects, securing a strategic partner and fulfilling requirements for a plan of arrangement. Now, the company is ready to get the drills turning on its lithium and rare…
Peruvian mining stocks plunge after leftist Humala wins presidency
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
Minera Andes beefs up San Jose
Minera Andes (MAI-T, MNEAF-O) continues to get a better grasp of the system of gold and silver bearing veins that spread through its San Jose mine in Argentina even as the mine generates cashflows for the company. The latest round of results…