South America

SolGold digs into Ecuador

Over the last three years, SolGold (LSE: SOLG) has earned an 85% stake in the Cascabel copper-gold-silver deposit in northern Ecuador, and the Brisbane-based company says it is on track to complete its first resource estimate on the early stage…


A map showing assets that have been spun of out BHP Billiton into the new company South32.  Credit: South32

Analysts weigh in on BHP spinoff South32

In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…



The processing plant at Lundin Mining's 80%-owned Candelaria copper mine in northern Chile's Atacama province. Credit: Lundin Mining

Lundin faces scrutiny in Chile

Less than a year after Lundin Mining (TSX: LUN) acquired an 80% stake in Freeport-McMoRan’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, a Chilean environmental regulator has filed charges against the…


TSX closes in the red, May 25-29

Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…


Simon Houlding (middle) accepts the 2015 Vale Medal for Meritorious Contributions to Mining from the Canadian Institute of Mining, Metallurgy and Petroleum in May. Credit: EduMine

EduMine’s Simon Houlding wins Vale medal

Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…


Workers at Torex Gold's core shack at the El Limon Guajes project in Mexico. Credit: Torex Gold

Kidnappings highlight miners’ security risks

In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…


First Quantum Minerals' Cobre Panama copper project in Panama, 120 km west of Panama city. Credit: First Quantum Minerals

First Quantum unveils US$1.4B equity raise

First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.


A box cut under construction for the first access declines to the planned underground copper mine at Kamoa in the Democratic Republic of the Congo. Ivanhoe Mines has sold almost half its stake in the project to Zijin Mining Group. Credit: Ivanhoe Mines

China’s Zijin Mining buys into Barrick, Ivanhoe assets

Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…



Atico Mining's El Roble copper-gold mine in Colombia, 145 km east of Medellin. Credit: Atico Mining

Atico Mining’s confidence in El Roble grows

Atico Mining’s (TSXV: ATY; US-OTC: ATCMF) El Roble underground mine is the only copper-gold volcanogenic massive sulphide (VMS) deposit in production today in Colombia and the Vancouver-based junior producer is becoming more confident by…


A worker watches the first load of concentrate from Hudbay Minerals' Constancia copper-moly-gold-silver mine leave for China from Peru. Credit: Hudbay Minerals

Hudbay hits commercial production at Constancia

Hudbay Minerals (TSX: HBM; NYSE: HBM) has stayed on course with its ambitious growth plans over the last five years, bringing online three new mines, with the latest being the large Constancia copper-molybdenum-gold-silver mine in Peru.


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