South America

Barrick fined $16M for environmental violations at Pascua-Lama

Source: Daily News | 2013-05-24
VANCOUVER – Chile's environmental regulator has imposed its maximum fine on the world's largest gold miner after a four-month investigation revealed Barrick Gold (ABX-T, ABX-N) committed "very serious" violations of its environmental...

NGEx wraps up campaign with high grade hit at Filo Del Sol

Source: Daily News | 2013-05-23
VANCOUVER — Vancouver-based copper explorer NGEx Resources (NGQ-T) capped off a busy drill season in early April, with the company completing roughly 44,000 metres over a promising property package that straddles the Chile-Argentine...

Fortune favours Fortuna

Source: Daily News | 2013-05-23
Earlier this year, Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose mine in Oaxaca, Mexico, from Pan American Silver (PAA-T, PAAS-Q) for US$4 million with the option to pick up...

Solvista rises on long gold-copper intercept at Caramanta

Source: Daily News | 2013-05-22
VANCOUVER – The intercept returned a great set of numbers: 456.7 metres averaging 1.01 grams gold per tonne, 0.21% copper, and 2.3 grams silver per tonne, starting essentially at surface. For the team at Solvista Gold (SVV-V), however,...

Drilling returns more silver and gold at Fortuna's mines 

Source: Print Archives | 2013-05-22
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising...

Juniors like Coro face tough choices 

Source: Print Archives | 2013-05-22
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.  

Consistent gold hits for Red Eagle in Colombia 

Source: Print Archives | 2013-05-15
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.

Belo Sun drops on Volta Grande's prefeasibility study  

Source: Print Archives | 2013-05-15
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil,  after markets closed on May 6.

Coeur's revamp  

Source: Print Archives | 2013-05-15
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.

Eldorado perseveres on the road to more ounces  

Source: Print Archives | 2013-05-15
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.

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