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The treatment plant at Fortuna Silver's San Jose silver-gold project in Oaxaca, Mexico. Photo by Ian Bickis

Fortuna Silver updates San Jose

Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…


Agnico-Eagle buys 18.6% of Mexico-focused Colibri

Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired 6 million shares and 4 million warrants of Colibri Resources (CBI-V), a junior explorer based in Nanaimo, B.C., looking for gold and polymetallic mineralization in…


Augusta moves closer to decision on Rosemont Copper

The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…


Drillers at Rio Novo Gold's Almas gold project in Tocantins state, Brazil. Photo by Rio Novo Gold

Rio Novo Gold marches towards production

Rio Novo Gold (RN-T) hopes to become a gold producer by bringing its two advanced-stage Brazilian properties into production: The Almas gold project in the southeastern part of Tocantins State, and the Guaranta gold project in the northern part…


An aerial view of Luna Gold's Aurizona gold mine in northeastern Brazil. Photo by Luna Gold

Luna cutting costs, boosting output at Aurizona

Working away in the relatively remote San Luis craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, advances a second project to the scoping stage and holds an extensive greenfield land package in the area.



Magellan races to find more Brazilian gold

It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (MNM-V).



Drillers at Riverstone Resources' Karma gold project in Burkina Faso. Photo by The Northern Miner

Riverstone drilling enriches its Karma

The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.


Inmet Mining's Cobre Panama copper-gold project in Panama. Photo by Inmet Mining

Inmet’s Balboa discovery excites the market

A high-grade intercept of 124 metres, grading 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project, makes Balboa a “contender,” writes UBS Investment Research associate analyst Matt Murphy…




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