Duran’s Aguila project takes shape
Duran Ventures (DRV-V) has received a maiden resource estimate for its Aguila copper-molybdenum porphyry project in Peru’s north-central Ancash district.
South America
Rio Novo Gold moves Almas forward
Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its 100%-owned Almas gold project in Brazil’s Tocantins state during the third quarter of this year and if all goes according to plan initial production could…
Prospecting finds new targets at Cuiu Cuiu
The heyday at northern Brazil’s Cuiú Cuiú gold district spanned 1972-1992 when 5,000-10,000 garimpeiros collected in this corner of Para state to work the rich alluvial deposits draining into the Tapajós River.
Lundin’s NGEx targets copper-gold in Chile
VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…
Extorre enjoys 8% share boost following Cerro Moro PEA
VANCOUVER — Markets reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment on its Cerro Moro gold-silver project 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.
Junior miners and explorers cashing up
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
Sandstorm Gold a rising star in commodity-stream financing
Sandstorm Gold (SSL-V) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm took the idea of…
It’s high noon for Anglo and Codelco at Los Bronces
Vancouver — A dispute between Anglo American (AAUKY-Q, AAL-L) and Chilean state-owned copper miner Codelco over the Los Bronces copper mine in Chile has devolved into a public spat in the Chilean courts and international press.
Fortuna sees a reversal of fortunes
Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
Canadian companies lead the charge in Guyana
The Guyanese mining sector is looking to Canada for investment and support as the South American nation moves to further develop its mineral resources.
Atacama’s drills keep turning
Atacama Pacific Gold (ATM-V) is reporting positive results from third-phase drilling at its Cerro Maricunga gold project 140 km northeast of Copiapo, Chile.