Guyana Goldfields gets key licence
Guyana has issued its first large-scale mining licence in the gold sector since 1991 – giving Guyana Goldfields (GUY-T) the permission the company needs to build and operate its Aurora project.
South America
AngloGold to buy 19% of Mariana
AngloGold Ashanti (AU-N) is all set to acquire a 19.9% interest in fellow Deseado Massif landholder Mariana Resources (MRY-T, MARL-L).
Orocobre – Argentina’s next low-cost lithium producer?
Brisbane-based Orocobre (ORL-T, ORE-A) is looking to become a significant new lithium producer with its advanced-stage Salar de Olaroz lithium-potash brine project in northwestern Argentina. The company already has a definitive feasibility…
Amarillo completes prefeasibility on Posse
Amarillo Gold’s (AGC-V) Posse deposit in the Brazilian state of Goias is surrounded by a number of large copper, gold and nickel laterite projects and was previously mined by the Western Mining Company during the 1990s.
Newmont suspends construction of Conga
Newmont Mining (NMC-T, NEM-N) has indefinitely halted construction activities in agreement with the government of Peru at its 51.35%-owned Conga gold-copper project in the northern region of Cajamarca following weeks of protests over the…
Talon gains on new Trairao resource
Talon Metals (tlo-t) got a much needed boost with an initial resource on three target areas at its Trairao iron project in Brazil’s Para state.
Barrick inaugurates Punta Colorada wind turbines
In mid-November in northern Chile, Barrick Gold (ABX-T, ABX-N) officially opened its Punta Colorada Wind Farm, the largest wind power grid ever built by a mining company in the country.
Bear Creek sees rising costs in Corani feasibility study
A feasibility study on Bear Creek Mining’s (BCM-V) flagship Corani project in southern Peru has added slightly to silver reserves, while capital costs have increased 70%.
Analysts question Iberian’s move
Iberian Minerals (IZN-V) has agreed to allow Trafigura Beheer, its largest shareholder, to acquire all of its shares that it doesn’t already own for $1.10 apiece in cash, causing some analysts to question the bid.
Mudslide proves fortuitous for Colombian Mines
A mudslide proved a blessing for Colombian Mines (CMJ-V) at its El Dovio project in Colombia.
Orocobre – Argentina’s next low-cost lithium producer?
Brisbane-based Orocobre (ORL-T, ORE-A) is looking to become a significant new producer of lithium with its advanced-stage Salar de Olaroz lithium-potash brine project in northwestern Argentina. The company already has a definitive feasibility…
Continental finds more gold deep down at Buritica
Deep drilling at Continental Gold’s (CNL-T) Buritica project in Antioquia, Colombia show that high grade mineralization runs deeper than previously known…which could well lead to many more ounces finding their way into the projects next…