Fresh on the heels of the $470 million sale of Lumina Copper (TSXV: LCC) and its Taca Taca project in Argentina to First Quantum Metals (TSX: FM; LSE: FM) earlier this month, Lumina’s founder and largest shareholder, Ross Beaty, is making…
The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.
LIMA, PERU — Sierra Metals (TSX: SMT; BVL: SMT) is proving up the underground potential of its Yauricocha silver–lead–copper–zinc–gold mine in west-central Peru. The low-cost underground mine is the company’s…
GoldQuest Mining (TSXV: GQC; US-OTC: GDQMF) has tabled a positive preliminary economic assessment (PEA) for its flagship project, consisting of the Romero and Romero South gold–copper deposits, two years after discovering the main deposit…
Shares in Trevali Mining (TSX: TV; US-OTC: TREVF) got a little boost after the Vancouver-based firm reported two new zones of high-grade polymetallic mineralization at its Santander zinc–lead–silver underground mine in Peru.
Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…
VANCOUVER — In the first step of what would be a long road to reconciliation, Barrick Gold (TSX: ABX; NYSE: ABX) has signed an initial agreement with most of the indigenous groups in Chile that oppose the company’s suspended…
In the nearly half-century he has worked in the mining industry, Ralph Fitch has pretty much seen it all.
Continental Gold (TSX: CNL; US-OTC: CGOOF) has updated the resource estimate for the two major vein systems at its Buritica gold project in Colombia. Both systems are characterized by multiple, steeply dipping veins and broader, more…
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
VANCOUVER – A creative debt package is giving Inca One Resources (TSXV: IO) the $5.5 million it needs to expand Chala, the gold mill in Peru where the company processes ore from artisanal miners.
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
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