South America


TECSUR to build Trevali’s power transmission line

Trevali Renewable Energy, a wholly owned subsidiary of Trevali Resources (tv-t), has awarded Peru-based TECSUR a contract to build the power transmission line from its Santander silver-lead-zinc mine to the Peruvian national grid, Sistema…


Fredonia looks good to Eaglecrest

Eaglecrest Explorations (eel-v) turned in some interesting results from a first-pass sampling program at its Fredonia gold project in Colombia. The highlight assay returned 8.25 grams gold per tonne and 47.5 grams silver per tonne and came from…


Rio Alto secures $50M financing

Rio Alto Mining (rio-v) is raising $50 million in a private placement to fund its La Arena copper-gold project 480 km northwest of Lima in Peru.A syndicate of underwriters led by GMP Securities and including Scotia Capital, Clarus Securities…


Mirasol delivers spectacular silver hits

Results for the remaining 21 holes completed during a first pass of drilling on the Julia vein target confirm Mirasol Resources (mrz-v) has made a significant high-grade silver discovery at its wholly owned Virginia project in Argentina’s Santa…



Seafield posts more results from Colombia

Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…


Amazon’s Cerrado Verde: a game changer?

Any company whose stock has moved from 93¢ per share to a high of $8.00 over the course of a year deserves a closer look, and so it is with Amazon Mining Holding (amz-v).  


HudBay bids for Norsemont (January 17, 2011)

HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…


Galway raises $25M for Colombia

Galway Resources (gwy-v) has released several significant gold-silver hits from its California project in Colombia just as it announces a $25-million financing.The latest results come largely from the Pie de Gallo zone, a 300-metre-long…



AQM gets first resource estimate done on Zafranal

Just four months after making a deal to hold on to its 50% stake, AQM Copper (AQM-V) has its first resource estimate for the Main Zone of the Zafranal project in Peru. The company says measured and indicated resources came in at 301 million…


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