Royal Gold Buys Andacollo Royalty
VANCOUVER — Teck (TCK. B-T, TCK-N ) and its minority partner have agreed to sell a major share of the anticipated gold stream from their Carmen de Andacollo copper-gold mine in Chile to Denver-based …
South America
Bigger Is Better For Juniors Magellan And Chapleau
Junior explorers Magellan Minerals (MNM-V, MAGNF-O) and Chapleau Resources (CHI-V, CHRRF-O) believe they’d be better off if they combined their exploration and development efforts in northern Brazil.
Capella Stock Soars On Lajitas Gold Intercept
Capella Resources (KPS-V) has intersected 105 metres of 1.59 gram gold per tonne in a drill hole on its Lajitas project in the Maricunga district of the Andes in northern Chile. The intercept starts a…
Paramount Gold And Silver Trades Major Stake For $9M
VANCOUVER–Through a $9-million financing, Paramount Gold and Silver (PZG-T, PZG-X) is selling as much as a quarter of the company to Toronto-based FCMI Financial.
Silver Wheaton To Consolidate Grip On Industry
Silver Wheaton’s (SLW-T, SLW-N) proposed acquisition of Silverstone Resources (SST-V, SVRCF-O) will give it immediate production and cash flow from a number of low-cost mines in politically stable cou…
Ventana Extends La Mascota To 725 Metres, Raises $6M
When the first set of drill results from Ventana Gold’s (VEN-T) La Bodega gold project in Colombia came in, CEO Richard Warke says no one could believe it.
Rusoro denied appeal in blocked takeover of Gold Reserve
Vancouver – Gold Reserve (GRZ-T, GRZ-X) won another fight in its battle against Rusoro Mining (RML-V, RMLFF-O) th…
Trevali forging ahead at Santander
Vancouver – The Santander zinc-lead-silver project, 200 km northeast of Lima, Peru, is coming together quickly fo…
Dynasty commissions Zaruma gold plant in Ecuador
Dynasty Metals & Mining (DMM-T) has started commissioning its gold processing plant at Zaruma in southwestern Ecuad…
Uruguay defines resources underground
Uruguay Mineral Exploration (UME-V, UGY-L) has come out with an initial resource estimate for mineralization found …
Royal Gold buys Andacollo gold royalty for US$300M
Vancouver – Teck (TCK.B-T, TCK-N) and its minority partner have agreed to sell a major share of the anticipated gol…
Argentex’s Pinguino shows polymetallic strength
Vancouver – A 21,000-metre drilling effort at the Pinguino property in Santa Cruz, Argentina, is paying off as dr…