Mirabela and Votorantim face off
Mirabela Nickel (TSX: MNB; ASX: MBN) has run into trouble with one of its two customers, sending its shares plunging.
South America
Western phosphate producers look east for growth
AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…
Rodinia Lithium gives up costly Nevada claims
When the Nevada office of the U.S. Bureau of Land Management raised its annual mining claim fees last year by 700%, from US$140 per claim to US$1,120 — at a time capital markets were even more challenging for miners — juniors like…
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 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…
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.
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 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…