South America

Adriana Grads Land for Iron Port in Brazil

Vancouver — Seizing a development opportunity afforded by surging demand for iron, Adriana Resources (ADI-V, ANARF-O) is optioning shoreline property in Brazil to develop an iron ore port facility to…




Earthquake claims 540 in Peru

As rescuers continue to recover bodies from the rubble after a devastating earthquake struck Peru in mid-August, Pan American Silver (PAA-T, PAAS-Q) temporarily suspended its underground operations un…



Hungry for Meridian, Yamana ups offer

Six weeks after Yamana Gold (YRI-T, AUY-N, YAU-L) announced its original proposal to take over Meridian Gold (MNG-T, MDG-N), the company announced on Aug. 14 that it has upped the cash component of it…


Petaquilla drills high-grade gold at Molejon

Until recently, the southwestern zone of Petaquilla Minerals’ (PTQ-T, PTQMF-O) Molejon gold project in Panama was thought to be low-grade, but the company’s latest drill results have changed that.





PAUL HARRISThe concentrator (background) at the Cerro Lindo zinc-copper mine in Peru, which opened recently.

Peruvian president seeks mining growth

Lima, Peru — As he opened the Cerro Lindo zinc-copper operation of Compania Minero Milpo at the end of July, Peru’s President Alan Garcia threw down the gauntlet, challenging the South American count…


St. Elias mini-bulk sample returns 26.4 grams gold

St. Elias Mines (SLI-V, SELSF-O) shares were down about 9% recently as the company made news of a 4.1-tonne portion of a mini-bulk sample that graded 318 grams gold per tonne at its Tesoro gold projec…


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