Lundin Gold sees higher costs, stable output in Ecuador
Lundin Gold (TSX: LUG; US-OTC: LUGDF) said output at its Fruta del Norte gold mine in southeast Ecuador should remain flat over the next three years while unit costs climb…
South America
Marimaca oxide project gets Chile environmental nod
Marimaca Copper (TSX: MARI, ASX: MC2) says it has received formal environmental approval to develop its flagship oxide project in northern Chile, placing it closer to construction-ready status. The Marimaca…
G2 reports near-surface gold at Peters project in Guyana
Canadian explorer G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) said early drilling at its Peters mine in northern Guyana showed significant widths of near-surface gold mineralization. Hole PDD1 cut 76 metres grading…
Lithium Americas to restart Cauchari-Olaroz in Argentina
Lithium Americas (TSX: LAC; NYSE: LAC) is gearing up to resume construction activities at its Caucharí-Olaroz lithium project in Jujuy, Argentina, after halting operations in March to comply with the…
Galaxy pushes ahead at Sal de Vida lithium project in Argentina
Galaxy Resources (ASX: GXY) confirmed today that it is on track to begin production at its Sal de Vida lithium brine project in Argentina by 2022, despite the Covid-19 pandemic…
Guyana Goldfields rejects Gran Colombia merger offer, supports Silvercorp bid
Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has rebuffed an unsolicited proposal from Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) for an all share, three-way merger that includes Gold X Mining…
Extended lockdowns hit copper production
Peruvian copper mine Antamina, owned by BHP (NYSE: BHP; LSE: BHP) and Glencore (LSE: GLEN), has reported 210 positive cases of coronavirus and said the date to restart operations is…
South America divided on coronavirus measures
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and…