South America

Toronto stocks end mixed, Sept. 28-Oct. 2

Source: Daily News | 2015-10-06
The S&P/TSX Composite Index had a turbulent week, falling 0.3% to 13,339.74, despite cutting some of its earlier losses, after positive Canadian data. The country’s gross domestic product number for July came in at 0.3%, after two...

Update: Silver Standard considers JV on Chinchillas project

Source: Daily News | 2015-10-02
Silver Standard Resources’ (TSX: SSO; NASDAQ: SSRI) Pirquitas silver mine in northern Argentina’s Jujuy province is 35 km from Golden Arrow Resources’ (TSXV: GRG) 100%-owned Chinchillas silver-lead-zinc project, and the two...

Amerigo processes new tailings source in Chile

Source: Daily News | 2015-09-25
Amerigo Resources (TSX: ARG; US-OTC: ARREF) hasn’t lost much time since it cut a deal with Codelco in April 2014 to treat a new source of tailings from the miner’s El Teniente mine, the world’s largest underground copper...

LatAm miners unhappy with costs, survey says

Source: Daily News | 2015-09-16
Latin American miners gave low grades to equipment manufacturers in a recent survey by data and intelligence firm Timetric.

Capstone cuts spending, suspends work at Santo Domingo in Chile  

Source: Print Archives | 2015-09-16
VANCOUVER — Capstone Mining (TSX: CS; US-OTC: CSFFF) is the latest copper producer to announce spending cutbacks and strategy shifts in light of weakening metal prices. It now plans to slash capital expenses at its operating mines in the...

Minera IRL's shareholders remove chairman Hodges 

Source: Print Archives | 2015-09-02
In less than a month, Minera IRL (TSX: IRL; LSE: MIRL) has lost community support for its Ollachea gold project in Peru, dismissed its interim CEO, and most recently, shown its executive chairman Daryl Hodges the door.

Goldcorp, Teck join forces to tackle El Morro in Chile  

Source: Print Archives | 2015-09-02
El Morro, the large undeveloped gold-copper deposit in northern Chile, will become the focus of a joint venture (JV) between Goldcorp (TSX: G; NYSE: GG) and Teck Resources (TSX: TCK.B; NYSE: TCK), giving it a better chance of reaching its...

Arena attracts JOGMEC, B2Gold 

Source: Print Archives | 2015-08-26
Since the beginning of the year, prospect-generator Arena Minerals (TSXV: AN) — whose shares traded at only 17¢ at press time — has enticed two heavyweight players in the mining industry to sign option agreements on parts...

Anglo American sells Mantos Blancos and Mantoverde mines 

Source: Print Archives | 2015-08-26
A year after selling its 50% interest in U.K. building materials group Lafarge Tarmac for US$1.6 billion, Anglo American (US-OTC: AAUKY; LSE: AAL) has reached a deal to unload two of its smaller Chilean copper mines to a consortium led by...

Gold Fields spending US$24M exploring Salares Norte this year 

Source: Print Archives | 2015-08-19
The downturn in the mining industry isn’t generating many good news stories these days, but one exception is the promise of untold riches from an undeveloped high-grade gold deposit in the Chilean Andes.