Bear Creek back in the saddle at Santa Ana
The courts of Peru have had Bear Creek Mining’s (TSXV: BCM) stock rolling.
South America
New zone shines for Fortuna Silver at San Jose
VANCOUVER — Fresh from doubling the throughput at its San Jose silver–gold mine in Mexico, Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is finding that a steady stream of high-grade drill results from the mine’s new Trinidad…
Barrick’s Peter Munk defends successor John Thornton
During his farewell speech to shareholders at the company’s annual meeting on April 30, Barrick Gold’s (TSX: ABX; NYSE: ABX) founder and departing chairman Peter Munk said John Thornton is the “right guy” to…
Hudbay’s Manitoba business going strong and growing
Hudbay Minerals (TSX: HBM: NYSE: HBM) swung to a net loss in the first quarter of $27.2 million, or 15¢ per share, compared to a profit of $1.9 million, or 1¢ per share, in the first quarter of 2013, mainly due to a temporary…
Macusani to buy Azincourt’s Peruvian uranium play
VANCOUVER — Macusani Yellowcake (TSXV: YEL, US-OTC: MCYWF) has struck a deal to buy Azincourt Uranium’s (TSXV: AAZ, US-OTC: AZURF) Minergia uranium portfolio on the Macusani Plateau of southeastern Peru.
GoldSource sees path to production in Guyana
VANCOUVER — Down markets can yield opportunity, and for junior GoldSource Mines (TSXV: GXS; US-OTC: GXSFF) that opportunity came in the form of a February merger with Guyana-focused explorer Eagle Mountain Gold (TSXV: Z).
Chinese consortium buys Las Bambas
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.
Verde Potash pushes Cerrado ahead
VANCOUVER — With a prefeasibility study in hand and a major funding deal arranged with the Brazilian government, Verde Potash (TSX: NPK; US-OTC: AMHPF) is pushing its Cerrado Verde project in Brazil towards production.
Ecuador Gold boosts resource at Santa Barbara ahead of PEA
VANCOUVER — Development potential is coming into focus for Toronto-based explorer Ecuador Gold and Copper (TSXV: EGX) at its flagship Santa Barbara gold–copper porphyry deposit along the Zamora belt in southeastern Ecuador. On March…
CB Gold clears up concession concerns, releases Vetas resource
VANCOUVER — It’s been a tumultuous six months for Colombia-focused explorer CB Gold (TSXV: CBJ; US-OTC: CBHDF) and its Vetas gold project, 325 km northeast of Bogota. The company saw former president and director Giles Baynham…
CB Gold outlines small gold-silver resource at Vetas
It’s been a tumultuous six months for Colombia-focused explorer CB Gold (TSX: CBJ; US-OTC: CBHDF) and its Vetas gold project 325 km due northeast of Bogotá. The company saw former president and director Giles Baynham depart in late…
Continental Gold strikes a deal with artisanal miners at Buritica in Colombia
After close to a year of negotiating, Continental Gold (TSX: CNL; US-OTC: CGOOF) is formalizing artisanal mining in and around its Buritica gold project in northwestern Colombia, and expects to execute subcontracts with small-scale miners there…