Argentina seizure rattles investors
Argentina’s renationaliztion of 51% of oil company YPF (YPF-N) from the Spanish firm Repsol has spooked some mining investors in the country, though analysts say there is little chance of further nationalization.
South America
Rio Novo Gold moves Almas forward
Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its fully owned Almas gold project in Brazil’s Tocantins state by September, and if all goes according to plan, initial production could start by July 2013.
Belo Sun Mining raises estimate on Volta
It’s been a busy few days for Belo Sun Mining (BSX-T). On Monday the Toronto-based junior adopted a shareholder rights plan, followed on Wednesday with an updated resource estimate for the two deposits in Brazil that make up its flagship…
Seafield shores up Miraflores
With the release of its first preliminary economic assessment on its Miraflores project in Colombia, Seafield Resources (SFF-V) has given the market something to chew on.
Speculation mounts about Iamgold’s takeover targets
Iamgold (IMG-T, IAG-N) chief executive Steve Letwin says the cash-rich miner plans to spend $400-$500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and…
Commentary: The risks of gold mining in Peru
For several years Peru has maintained its position as one of the world’s top producers of gold, silver, zinc, copper and lead.
Azimuth aims to join TSX from Down Under
Australian gold outfit Azimuth Resources (AZH-A) is looking to bring its advanced-stage Guyanese project portfolio to Toronto in the coming weeks.
Colossus nears gold-production target at Serra Pelada
Toronto-based Colossus Minerals (CSI-T) has a finish line within sight following a year-and-a-half of extensive development at its Serra Pelada precious metals-rich, polymetallic project outside the town of Curionopolis in Brazil’s…
Magellan grows Coringa in Brazil
Magellan Minerals (MNM-V) has bulked up resources at its Coringa project in Brazil’s Para State.
Columbus grows Paul Isnard
The latest results from Columbus Gold’s (CGT-V) Paul Isnard gold project in French Guiana have the company thinking big.
Calvista hits in famous district
Clutching a few small blocks in what is probably Colombia’s most famous gold district, Calvista Gold (CVZ-T) is having little trouble hitting gold.
All systems go for Minera IRL in Patagonia
Lima-based Minera IRL (IRL-T) is moving ahead with building its second small gold mine, after having tabled a positive feasibility study in February for its Don Nicolas epithermal gold-silver project in Argentina’s Patagonia region.