South America

Minera's shareholders boot out chairman Hodges

Source: Daily News | 2015-08-28
In roughly two weeks, Minera IRL has lost community support of its Ollachea gold project in Peru, dismissed its interim CEO, and more recently has been forced to show its executive chairman Daryl Hodges the door.

El Morro gets some loving

Source: Daily News | 2015-08-27
El Morro, the large undeveloped gold-copper project in Chile, will become the focus of a new joint venture (JV) with Goldcorp (TSX: G; NYSE:GG) and Teck Resources (TSX: TCK.B, NYSE: TCK), giving it a better chance of...

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...

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...

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.

First Mining searches for the 'sweet spot' 

Source: Print Archives | 2015-08-12
Newly listed First Mining Finance (TSXV: FF; US-OTC: FFMGF) is on a mission to secure quality assets at cheap prices.

Barrick 'all but assured' to meet debt target, Canaccord says 

Source: Print Archives | 2015-08-12
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the...

Barrick sells half of Zaldivar to Antofagasta  

Source: Print Archives | 2015-08-05
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned  Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result...

Brazil Resources to buy Whistler project in Alaska 

Source: Print Archives | 2015-08-05
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage...

US markets slide, July 27-31 

Source: Print Archives | 2015-08-05
Expectations that the Fed would raise interest rates in September — along with economic turmoil in Asia and Europe — weighed on U.S. markets over the trading period.