South America



Drilling lifts Belo Sun Mining

Assay results released Apr. 5 from Volta Grande, an advanced stage exploration project in Brazil about 60 km southwest of the town of Altamira in the country’s northern state of Para, sent the shares of Belo Sun Mining (BSX-T) up 3.6% to…




Lundin’s NGEx targets copper and gold in Chile

NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group of Companies, that…


Lumina hits longest intercept to date

Scotia Capital mining analyst Tom Meyer has lifted his one-year target price on Lumina Copper (LCC-V) shares from $18 to $21 after the company released more positive drill results, including the longest mineralized intercept to date…


Duran’s Aguila project takes shape

Duran Ventures (DRV-V) has received a maiden resource estimate for its Aguila copper-molybdenum  porphyry project in Peru’s north-central Ancash district.


Rio Novo Gold moves Almas forward

Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its 100%-owned Almas gold project in Brazil’s Tocantins state during the third quarter of this year and if all goes according to plan initial production could…


Prospecting finds new targets at Cuiu Cuiu

The heyday at northern Brazil’s Cuiú Cuiú gold district spanned 1972-1992 when 5,000-10,000 garimpeiros collected in this corner of Para state to work the rich alluvial deposits draining into the Tapajós River.


Lundin’s NGEx targets copper-gold in Chile

VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…


Extorre enjoys 8% share boost following Cerro Moro PEA

VANCOUVER — Markets reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment on its Cerro Moro gold-silver project 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.


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