Yamana turns hedger
Capitalizing on record copper prices, Yamana Gold (YRI-T, AUY-X, YAU-L) has locked in prices on production from its Chapada copper-gold project in Goias state, Brazil….
South America
Rio Blanco takes shape
Early progress on a final feasibility study for the Rio Blanco copper-molybdenum project in northern Peru proposes mining the deposit at 25 million tonnes annually….
Aurelian intersects long zones in FDN drilling
Another wide swath of high-grade gold from the Condor project in southeastern Ecuador sent shares in Aurelian Resou…
Goldmarca soars on Condor high-grade
Vancouver – Drilling by Goldmarca (GML-V, GMLCF-O) tapped into bonanza grade mineralization at its Condor gold proj…
Aquiline confirms New Castro Sur discovery
Vancouver – Recent drilling by Aquiline Resources (AQI-T) has returned a 9-metre intersection grading 12 grams gol…
Sienna’s intersect draws market attention
Despite uncertainty around Peru’s political future, the market applauded Sienna Gold (SGP-V) for its latest gold-in…
Sizing up the threat of nationalization in Bolivia (May 29, 2006)
“This is just the start,” Bolivian president Evo Morales recently told a crowd regarding the nationalization of the country’s hydrocarbons industry. “Tomorrow, or the day after, it will be mining, the…
Viceroy drilling extends Gualcamayo
Vancouver — The latest round of drilling by Viceroy Exploration (VYE-T, VCRYF-O) has enhanced and extended the potential of the Portezuelo Blanco zone within the main Quebrada del Diablo resource are…
Corriente lines up dollars to develop Mirador
Vancouver — Corriente Resources (CTQ-T, ETQ-X) has arranged a $125-million financing to bring its Mirador copper deposit, in southeastern Ecuador, into production….
Andean American alone at Invicta
Vancouver — Junior gold producer Andean American Mining (AAG-V, ANMCF-O) will advance its Invicta gold project, in west-central Peru, on its own, following notice that Barrick Gold (ABX-T, ABX-N) wil…
Instability could place Peru in peril
Lima, Peru — As soaring oil prices and equipment delays push miners’ operating costs to record levels, bullion is offering some insurance, and mining companies in Latin America are gratified that the…
Int’l Minerals tops up treasury to develop Rio Blanco
Vancouver — Closure of its $92-million public offering has International Minerals (IMZ-T, IMZLF-O) with funds in hand to advance construction and development of its Rio Blanco gold-silver project in…