Troy Resources posts $4.9M loss
Shutting down one Brazillian gold mine before starting up another left Troy Resources (TRY-T, TRY-A) with a net loss of A$5.4 million ($4.9 million) for the second half of 2007.
South America
Centenario’s Franke bigger but more costly (March 03, 2008)
VANCOUVER–In the sand of Chile’s Atacama desert, Centenario Copper (CCT-T) is quietly moving the Franke deposit towards a December 2008 production date.
Colombia’s untapped gold potential lures wary miners
VANCOUVER — Since 1997, the Fraser Institute has ranked the policy attractiveness of more than 60 mining jurisdictions based on a composite index with a maximum possible score of 100.
Walkouts may keep copper prices aloft
MONTERREY, MEXICO–Anyone looking for reasons why copper prices are likely to remain strong in 2008 need look no further than Latin America.
Feeding the dragon
MONTERREY, MEXICO –China may be some 10,000 miles from Latin America, 45 hours of flights and stopovers and days away at sea, but it is making its presence felt in a region long used to U.S. dominanc…
Magellan strikes Brazilian gold
If results from the next 24 drill holes are as promising as results from the first four drill holes were, Magellan …
Verena’s Volta Grande gold property in Brazil grows 66.7%
Exploration for gold deposits in the Volta Grande area of the eastern Amazon region of Brazil dates back to the Por…
U3O8 Corp. moves on to phase 3 drilling in Guyana
U3O8 Corp. (UWE-V) has begun the third phase of drilling at its Aricheng South uranium deposit in Guyana with hopes…
Rich Emperor eases Intrepid’s financial burdens
Intrepid Mines (IAU-T, IAU-A) and Emperor Mines (EMP-A, EMPMY-O,) each have something the other needs. The comp…
Mirabela studies smelter option at Santa Rita nickel project
It would cost Mirabela Nickel (MNB-T, MBN-A) about US$254 million to build a nickel sulphide smelter for its Santa Rita project in Brazil, a scoping study reveals. Operating costs would clock in at ro…
B2Gold settles into Colombia (February 25, 2008)
VANCOUVER — In its first major move since debuting on the market in December, B2Gold (BTO-V, BGLPF-O) has worked a deal with AngloGold Ashanti (AU-N, AGD-L) to get its hands on a significantly increa…
French Guiana’s miners lash out at Sarkozy
LETTER TO THE EDITOR