Regulus and Pachamama soar on Argentina drill results
A newly discovered high grade zone sent Regulus Resources (REG-V) and Pachamama Resources (PMA-V) shares flying on Thursday.
South America
Lumina Copper moves higher on drill results
Shares of Lumina Copper (LCC-V) advanced 3.03% or 35¢ to close at $11.90 apiece yesterday following news of more drill results from its Taca Taca copper porphyry in Argentina.
Patagonia Gold lists on the TSX
With the backing of one of Argentina’s biggest industrialists and plans to start generating free cash flow in the South American country by 2013, Patagonia Gold (PAT-T, PGD-L) and its recent listing on the Toronto Stock Exchange could start to…
Mudslide helps Colombian Mines
A mudslide proved a blessing for Colombian Mines (CMJ-V) at its El Dovio polymetallic project in Colombia.
KGHM starts the bidding on Quadra FNX
Three billion dollars may sound like a tidy sum – but when it’s the price tag on a global copper producer with a stable of enviable development projects, it may not be enough.
Newmont suspends Conga construction
Newmont Mining (NMC-T, NEM-N) has indefinitely halted construction activities in agreement with the government of Peru at its 51%-owned Conga gold-copper project in the northern region of Cajamarca, following weeks of protests over the proposed…
Continental drills, hits deeper
Deep drilling at Continental Gold’s (CNL-T) wholly-owned Buritica gold project in Colombia’s Antioquia department shows that high-grade mineralization runs deeper than previously thought.
Teck options into Strait’s Alicia
Vancouver – Teck Resources (TCK.B-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.
Extorre’s Zoe zone yields high-grade
Infill drilling at Extorre Gold Mines’ (XG-T) Cerro Moro project in Argentina’s Santa Cruz province captured the attention of investors this week with high-grade intercepts including 11.15 metres of 36.3 grams gold per tonne and 4,412 grams…
Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…
Anaconda sells iron ore assets to pay down debt
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and get more focused on gold.
Kinross inks agreement in principle on Fruta del Norte
Kinross Gold (K-T, KGC-N) is finalizing a feasibility study on its Fruta del Norte project in southeastern Ecuador that will be completed before the end of the year and project costs and capital and operating costs are expected to exceed those…