Bear Creek to raise $113M for Santa Ana
On the back of a positive feasibility study for its proposed 63-millionoz. Santa Ana silver mine project in Peru, Bear Creek Mining (BCM-V) is raising $113 million in a bought deal financing.
News
Midland posts new assays for Ytterby REE project
A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…
Callinan to split royalty, exploration operations
Vancouver — Eighty-three-year-old Callinan Mines (CAA-V) is dividing its royalty and exploration holdings into two entities.
Iron Creek advances Victoria in Chile
VANCOUVER — While Iron Creek Capital (IRN-V) may be a little rusty after a long time off, a new president and new capital is kick-starting progress for the Chilean explorer.Timothy Beale, with more than 20 years of experience working in…
Minera eyes mid-tier prize
Minera IRL (IRL-T, MIRL-X, MIRL-L) wants to become a mid-tier gold producer, and it’s looking to South America’s gold wealth to reach that goal.The company, which currently has a small operating open-pit gold mine in Peru, has a three-phase…
Extorre Gold advances Cerro Moro
VANCOUVER — For years the Cerro Moro gold-silver project in Argentina’s Santa Cruz province played second-fiddle to Exeter Resource’s (XRC-T, XRA-X) sizable Caspiche gold project in Chile, but the project is now advancing quickly as the prime…
Wealth Minerals explores REE project
Wealth Minerals (WML-V) is kicking off an exploration program for rare earth elements (REE) in Argentina at Rodeo de los Molles, an undeveloped REE project that the company says is one of the largest in South America.Wealth Minerals is…
Radius targets bonanza silver at Holly-Banderas
Spurred on by recent discoveries in the region, Radius Gold (RDU-V) has dusted off its Holly-Banderas gold-silver project in southeast Guatemala and is embarking on a drilling campaign to further test…
Peregrine’s exceptional diamond find at Chidliak
One of the new kimberlites Peregrine Diamonds (PGD-T) discovered this summer at the Chidliak project in Canada’s Nunavut territory has coughed up a gem-quality 1.15-carat diamond from initial sampling…
Avala pulls shallow gold in Serbia
Vancouver – Recently restructured Avala Resources (AVZ-T) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the area.
The Strait goods on Peruvian grassroots copper exploration
Peru’s Apurimac Belt already boasts eight significant mines and advanced-development projects, but Strait Gold (SRD-V) is offering investors a chance to get in on a grassroots project in the area.
Endeavour arranges $50 million financing and ups bid for Cream
Endeavour Silver (edr-t, exk-a) is topping up its treasury with a bought deal financing worth $50 million. Led by CIBC, a group of underwriters agreed to purchase 8.2 million shares priced at $6.15 apiece, with an overallotment option for up to…