South America

Silver Standard working to develop multiple projects

Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.


Barrick stung by higher costs

Higher costs are pushing capital expenditure estimates higher for Barrick Gold’s (ABX-T, ABX-N) major growth projects at Pueblo Viejo, Pascua-Lama and Cerro Casale, the company reports.



Venezuela’s Chavez to nationalize gold industry

Having already nationalized most of Venezuela’s main industries, including oil, banking, telecommunications, power and hundreds of thousands of acres of agricultural land, president Hugo Chavez’s announcement on Wednesday that he will soon…


Santo Domingo prefeas a feather in Capstone’s cap

Vancouver – Capstone Mining (CS-T) has released a prefeasibility for its 70%-owned polymetallic Santo Domingo project in Chile that shows relatively low capital costs for a project of its scale, just as costs are on the rise for its two…


Encouraging signs for Rio Novo

Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.


Timmins Gold sells more ounces

Timmins Gold (TMM-T) says it’s on track to produce more than 100,000 oz. gold from its flagship San Francisco mine in Mexico for fiscal 2011.  


Higher earnings despite lower production for Quadra FNX

It was a busy quarter for Quadra FNX Mining (QUX-T), but one that paid large profits to the recently merged company despite lower production totals. Quadra, which teamed with FNX in May of last year, reported a 75% increase in earnings, as…



Extorre updates Cerro Moro study

Vancouver – Extorre Gold Mines (XG-T) has released an updated economic assessment for its fast-evolving Cerro Moro gold-silver project in Argentina that factors in higher throughputs, metal prices and capital costs.


Verde Potash president and CEO Cristiano Veloso (left) and geologist Mario Viegas at the Cerrado Verde potash project in Minas Gerais, Brazil. Photo by Ian Bickis

Verde Potash heats up on Brazilian Thermopotash

There is a whole lot of verdete slate at Verde Potash’s (NPK-V) unconventional potash play in Brazil. Standing atop a hill of the chalky green rocks, you can see the same rocks poking conspicuously from the many grass-covered hillsides in the…


Anfield gets hard numbers for Mayaniquel project

Two years after making a bet on Guatemalan nickel laterite, Anfield Nickel (ANF-V) has some hard numbers regarding the wisdom of the venture with its first preliminary economic assessment on the Mayaniquel project.


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