Candente restarts drilling, shares surge 38%
Candente Copper (DNT-T) has started off the New Year by resuming exploration and feasibility drilling on its Canariaco copper-silver-gold project in northern Peru, sending its shares soaring.
South America
Coeur to take 100% of Joaquin
Some mining companies find it tough in Argentina — and particularly in less mining-friendly provinces like Chubut — where the provincial government has proposed higher taxes and royalties. And even in more benign, mining friendly…
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target, as the Toronto-based firm expands and derisks the large gold project in Brazil, analysts say.
South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
First Quantum sweetens bid for Inmet to $5.1B
First Quantum Minerals (FM-T, FQM-L) has stepped up its game to take over Inmet Mining (IMN-T), boosting its hostile offer to $5.1-billion in hopes of winning over Inmet shareholders, after failing twice to entice the company’s board in…
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target as the Toronto-based firm continues to expand and de-risk the large gold project in Brazil, analysts say.
TNM’s Mining Person of the Year: Garofalo a steady hand on the Hudbay tiller
In these times of economic and political turmoil, boring has become the new exciting.
Berlin takes U3O8’s breath away
Revenue from by-products phosphate, vanadium and yttrium will more than pay for the mining and extraction of uranium oxide at U3O8 Corp.’s (UWE-T, UWEFF-O) Berlin project in Colombia, according to a preliminary economic assessment (PEA).
Colombian rebels like gold
Income from gold mining has overtaken drug trafficking in some provinces for the Revolutionary Armed Forces of Colombia (FARC), according to a new report from political risk firm Exclusive Analysis.
[Update] Silver Standard sees bright future at Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-N) president and CEO John Smith says, “Now we are getting the…
First Quantum offers $5.1B in sweetened bid for Inmet
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…
Berlin project has room to grow
Revenue from by-products phosphate, vanadium and yttrium will more than pay for the mining and extraction of uranium oxide at U308 Corp.’s (UWE-T, UWEFF-O) Berlin project in Colombia, according to a preliminary economic assessment.