Revisions to Brazil’s mining code may cancel mineral rights that the government deems strategic such as phosphate, potash, and rare earth elements, Reuters reported yesterday, quoting unnamed but “high-level” government and…
VANCOUVER — It has not been a very hospitable market in the silver space over the past four months, with prices for the precious metal dropping from a high of US$37 per oz. in late February to a low of US$27 per oz. by late June. Though…
Headlines in the mainstream media that Iamgold (IMT-T) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), told The Northern Miner.
VANCOUVER — When it comes to unearthing gold in a youthful mining jurisdiction like the South American nation of Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. Both…
SPOT PRICESCourtesy of ScotiaBankFriday, June 12, 2012 Precious MetalsPrice…
Peru is experiencing a mining boom of global proportions thanks to years of heavy investment and increasing production. The country is the world’s number-two copper producer, number-two silver producer, number-six gold producer,…
The Andean nations of Chile and Peru are the top copper-producing locales in the world. Chile holds the number-one spot with annual production clocking in at 4.9 million tonnes, while Peru sits in second place with output totalling 1.2 million…
Carl Hansen is a big fan of the Maricunga mineral belt in Chile’s Atacama region, high in the Andes.The president and CEO of Atacama Pacific (ATM-V) is advancing the company’s wholly owned Cerro Maricunga gold project, which is just…
On the last day of May, Peru’s Ministry of Energy and Mines granted Candente Copper (DNT-T) the permit it needs to complete drilling for its feasibility study on the Canariaco Norte project, a porphyry copper deposit about 700 km…
New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s decision last month to nationalize…
Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢, or 3.9%, to $7.38 apiece on June 4.Highlights from the holes drilled into the Yaragua system…
Vancouver-based Trevali Mining (TV-T, TREVF-Q) is getting closer to launching Peru’s next polymetallic mine with a little help from a well-known player in the metal game: Glencore International (GLEN-L).The two companies plan to have…
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