Coeur gains on quarterly results
Coeur d’Alene Mines (CDM-T, CDE-N) had a stellar third quarter, reporting all-time record sales and operating cash flow for both the period and the first nine months.
South America
Argentina changes rules for miners
Future export revenues from mining operations in Argentina will have to be repatriated and converted to Argentine currency before being distributed either locally or back overseas, according to a new law. Distributing the earnings overseas will…
Bear Creek presses on in Peru
Several months have passed since Bear Creek Mining (BCM-V) made headlines for all the wrong reasons, losing its Santa Ana silver project in Peru following extended and sometimes violent protests.
Iamgold buys toehold in Colombia’s Middle Cauca belt
Iamgold (IMG-T, IAG-N) has agreed to buy a minority interest in two junior explorers with porphyry-gold-copper projects in Colombia’s highly prospective Middle Cauca belt south of Medellin.
Ventana 2.0? Ross Beaty invests heavily in CB Gold
Mining magnate Ross Beaty has agreed to invest $11 million in Colombia-focused junior gold explorer CB Gold (CBJ-V) just days after the company announced a major discovery at its main Vetas gold project.
Dia Bras settles strike action in Peru
Vancouver – The road to Dia Bras Exploration’s (DIB-V) Yauricocha mine in Peru’s Yauyos Province is now open after a blockade was cleared.
[Update] The Red Back team returns
The former Red Back Mining team led by Richard Clark is back to advance Atacama Minerals (aam-v) using the same strategy they used to build the West African gold producer before selling it to Kinross Gold (k-t, kgc-n) for US$7.1…
Minera IRL finds its heart’s desire in Patagonia
For many people, the word “Patagonia” conjures up images of snow-capped mountains and pristine valleys filled with frolicking seals and blissed-out ecotourists.
Carpathian hit with construction stoppage in Brazil
Carpathian Gold (CPN-T) has been forced to halt construction at its Riacho dos Machados gold project on environmental grounds barely a month after the Brazilian government approved the project.
Patagonia Gold digs into southern Argentina
Goldcorp’s (G-T, GG-N) $3.6-billion acquisition last year of Andean Resources and its Cerro Negro deposit in Argentina’s Santa Cruz province may have showcased it as an up-and-coming gold-producing region, but Patagonia Gold (PGD-L) had been…
Candente Copper a likely takeover target?
Candente Copper’s (DNT-T) sizeable Canariaco Norte copper-gold deposit in northern Peru has been receiving a lot of buzz lately, with a few analysts tipping the project as a likely takeover target.
Panoro’s big dreams for Cotabambas
In the northern reaches of south-central Peru’s Andahuaylas-Yauri belt, 50 km southwest of Cusco, three drill rigs are turning at Panoro Minerals’ (PMI-V) Cotabambas copper-gold porphyry project, where the company hopes to delineate the belt’s…