HudBay inks deal with Silver Wheaton
Construction of the $1.5 billion Constancia copper mine in southern Peru is a go and HudBay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T) to help foot the bill.
South America
Touchstone Gold and Atlantis Gold Mines to merge
Touchstone Gold (TGL-L) and Atlantis Gold Mines are combining their assets in Colombia to create a new gold exploration and development company that consolidates neighbouring assets in a region with a history of high-grade gold…
Barrick suffers 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.While the world’s largest gold producer had previously said that second-quarter…
Cobriza’s 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.Results from the two best holes were highlighted by 238 metres averaging 0.29% copper,…
Panoro’s Cotabambas could attract a buyer
Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas copper-gold project in Peru could become an acquisition target, and has initiatied coverage of the junior with a “buy” rating…
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.
[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…