Carpathian suspends new RDM gold mine
Carpathian Gold (TSX: CPN; US-OTC: CPNFF) has temporarily halted production at its new Riacho dos Machados (RDM) gold mine in Brazil, a day after pouring its first doré gold bar.
South America
Goldcorp nails 2013 guidance, predicts falling cash costs
VANCOUVER — Prominent Canadian gold miner Goldcorp (TSX: G; NYSE: GG) has proven to be more resilient in the face of falling precious metal prices than many of its peers. And if the company’s production guidance for 2014 is any…
Coro to sell 70% stake in Argentina copper-gold project
Two private companies, one based in Russia and the other in the Ukraine, have signed an agreement with Coro Mining (TSX: COP; US-OTC: CROJF) to buy 70% of its wholly owned San Jorge copper–gold project in Mendoza, a province in Argentina…
Panoro improves Antilla’s copper metrics in Peru
Panoro Minerals (TSXV: PML; US-OTC: POROF) has grown its copper resource by 38% and its molybdenum resource by 53% at its wholly owned Antilla project, 140 km southwest of the city of Cuzco and 120 km southwest of its Cotabambas project in…
Iamgold options into Solvista Gold’s Caramanta project
Shares of Solvista Gold (TSXV: SVV) rose 31% after Iamgold (TSX: IMG; NYSE: IAG) signed an option agreement for the junior’s Caramanta gold project in Colombia.
Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
Commentary: Rob McEwen on the outlook for 2014
Rob McEwen, chairman and chief owner of McEwen Mining, shared his thoughts with The Northern Miner about the outlook for the mining industry in 2014. McEwen Mining’s principal assets consist of the San Jose mine in Santa Cruz, Argentina…
Conflict at Buritica leaves two artisanal miners dead
Building a commercial-scale mine in Colombia is no small task.
Canada Lithium and Sirocco to merge
A merger between Canada Lithium (TSX: CLQ; US-OTC: CLQMF) and Sirocco Mining (TSXV: SIM; US-OTC: ATAAF) would make the combined entity one of just two public companies that produce iodine and lithium, the companies say.
[Update] Colossus proposes costly debt-equity deal to stay alive, then Arias cancels deal
VANCOUVER – Colossus Minerals (TSX: CSI) has spent the last six-plus years bringing the historic Serra Pelada gold-platinum-palladium project in Brazil to the brink of production. It has worked alongside a consortium representing tens of…
Continental releases drill results, stays mum on artisanal situation
While it offered no update on the contentious removal of illegal miners from its flagship property, Continental Gold (TSX: CNL) released some promising drill results from the site.
U.S. markets, Dec. 9-13
U.S. markets took a hit during the week, with the Dow Jones Industrial Average falling 264.84 points, or 1.6% to 15,755.36. The broader S&P 500 Index tumbled nearly 30 points to 1,775.32. The Nasdaq Composite Index slipped 61.54 points to…