South America

Workers build a drill pad at Red Eagle Mining's Santa Rosa gold project near Medellin, Colombia. Photo by Ian Bickis

Red Eagle tickled pink with Santa Rosa in Colombia

Colombia-­focused junior Red Eagle Mining (RD-V) has hit encouraging high-grade gold intercepts in a phase-two drill program at its Santa Rosa project near Medellin, although the final drilling from phase one did not fare as well.Hole 42…


Lupaka and Andean propose merger

Board members at both Lupaka Gold Corp. (LPK-T) and Andean American Gold Corp. (AAG-V) are unanimously backing a proposed merger of the two companies that would create a Peru-focused gold explorer and developer with combined resources of 2.1…





Sunward expands Titiribi resource to 4.6M+ oz. gold

Sunward Resources (SWD-T) believes it could be sitting on top of Colombia’s next gold district, and its latest resource estimate lends some credit to the notion.Its flagship wholly owned Titiribi gold-copper project is located in…


Belo Sun outlines Volta Grande’s potential

Belo Sun Mining (BSX-T) has tabled an initial resource estimate for its newly delineated South Block area at the Volta Grande gold project in Brazil’s Para State.The estimate shows that the Pequi, Grande and Itata deposits host 4 million…


Sandspring soldiers on at Toroparu in Guyana

It has been a rough year for junior explorer Sandspring Resources (SSP-V), with its share price plummeting 67%, or $1.60, to lows of 57¢ in May. The company has suffered from questions concerning the economics of its low-grade,…


Atico looks to repeat Fortuna’s success

Recently listed Atico Mining (ATY-V) has joined the rush of companies exploring for gold in Colombia, but the company plans to set itself apart with its unique management team and strategy.The team includes many of the people behind the success…


McEwen doubles resource at Los Azules

Indicated resources have more than doubled to 4.6 billion pounds of copper at McEwen Mining’s (MUX-T, MUX-N) Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion pounds of copper.


Vale secures license for Serra Sul mega development

VANCOUVER — Brazilian mining giant Vale SA (VALE-N) has received its preliminary environmental license for what will be the world’s largest iron-ore project. Serra Sul, or Carajas S11D, is a US$20-billion expansion initiative at the…



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