CuOro makes the copper grade in Colombia
CuOro Resources’ (CUA-V) goal of becoming Colombia’s first copper producer received a shot in the arm in the form of its latest drill results.
South America
[Update] Barrick unveils setbacks, cost hikes, output revisions
Barrick Gold (ABX-T, ABX-N) packed its much anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.
Aquiline grads look for treasure in Ontario
Three years after selling the world-class Navidad silver deposit in Argentina, the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time, they are doing it closer to…
Golden Arrow gets lift from drill results
Stepout drilling at Golden Arrow Resources’ (GRG-V) Chinchillas silver project in Argentina’s Jujuy province has returned several long intercepts including 29 metres grading 631 grams silver per tonne, the company reports.The…
Barrick undeterred by Argentine glacier ruling
Despite an unfavourable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua-Lama gold-silver project in Argentina’s San Juan province will push ahead.Argentina’s Supreme Court ruled that a much-debated…
Panoro’s Cotabambas project could be target
Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas project in Peru could become an acquisition target and has initiatied coverage of the junior with a buy rating and a one-year target price of…
Bolivian gov’t seizing Malku Khota
The Bolivian government plans to expropriate South American Silver’s (SAC-T, SOHAF-O) wholly owned Malku Khota silver-indium-gallium project, the Vancouver-based company announced after markets closed on July 10.South American Silver…
Atico hits high grades below El Roble workings
VANCOUVER — Atico Mining (ATY-V) has pulled some striking grades in its first drill results from the El Roble project in Colombia.
U.S. drought favors some crop nutrient companies over others
If the dry weather in the United States continues it could turn out to be “the worst drought of our generation,” CIBC analyst Jacob Bout writes in a 196-page industry report, noting that damage to the corn crop so far this year is…
Chubut’s draft mining law confounds miners
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s southern Chubut province becomes law, its Navidad silver project in the province will become…
Lupaka and Andean to merge
Lupaka Gold (LPK-T) and Andean American Gold (AAG-V) are proposing to merge in a friendly deal that would create a Peru-focused gold explorer and developer with combined resources of 2.1 million oz. gold equivalent in the measured and indicated…
Cobriza hits new porphyry in Peru
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.