South America

Panoro Mineralspersonnel and visitors at the Cotabambas copper-gold project in Peru, 48 km southwest of Cuzco. Photo by Ian Bickis

Panoro shows promise in Peru

Panoro Minerals (PML-V) has over a dozen properties in Peru, but is focusing on developing its two advanced-stage projects in the country’s southeastern region.Its top priority is the wholly owned Cotabambas copper-gold project,…


Workers install a pebble crusher at Xstata's Antapaccay copper project in Peru. Photo by Xstrata

Xstrata copes with civil unrest in Peru

As with many resource-rich developing countries,   there can be tensions in Peru between pro-mining interests and affected local communities. Switzerland-based Xstrata (XTA-L) is stuck in the middle of such a dispute as regional…


NGEx hits big copper strikes at Josemaria, Los Helados

VANCOUVER — Vancouver-based copper explorer NGEx Resources (NGQ-T) is enjoying a June comeback, as the company benefits from drill results on promising targets at its land package on the established Region III corridor along the…


Gran Colombia builds up Marmato

Gran Colombia Gold (GCM-T) has made a significant boost to its resources at its Marmato project in Colombia, even if it did cost a bit of grade to do so.


Iamgold to sell Quimsacocha

Shares of INV Metals (INV-T) surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from Iamgold (IMT-T) in a move it hopes will take it from a junior exploration company to an…


Chile, Peru must meet energy challenges as mining booms

VANCOUVER — The Andean nations of Chile and Peru are firmly established as the top copper producing locales in the world. Chile holds the number one spot with annual production clocking in at roughly 4.9 million tonnes, while Peru sits in…



Trevali pushes towards Peruvian production

Trevali Mining (TV-T) is getting ever 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).


Belo outlines more gold at Volta Grande

Belo Sun Mining (BSX-T) has recently tabled an initial resource estimate for its newly delineated South Block area at the Volta Grande gold project in Brazil’s Para State.


Red Eagle hits high-grade infill at Santa Rosa

VANCOUVER — Colombia explorer 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, while the final drilling from the phase one program did not fare as…


Extorre to stagger Cerro Moro’s buildup

Extorre Gold Mines (XG-T, XG-X) is looking to build its Cerro Moro gold-silver project in Argentina’s Santa Cruz province in two stages and halve its start-up costs, but it could see less metal production during the…


Rio Verde to secure $15M for key projects

Rio Verde Minerals (RVD-T) aims to add $15 million to its coffers to help fund exploration and development at its key potash and phosphate projects in northern Brazil, by selling its shares at a premium. The company announced a…


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