South America

Prospect drilling at the Joaquin project. Source: Mirasol Resources

Coeur to take 100% of Joaquin

Some mining companies find it tough going in Argentina, particularly in less mining-friendly provinces like Chubut where the state government has proposed higher taxes and royalties. And even in more benign, mining friendly states like Santa…


Gold Fields spins out two mines in SA

Gold Fields (GFI-N) is lowering its South African risk by spinning out a wholly owned subsidiary — which holds the country’s KDC and Beatrix gold mines — into a new firm called Sibanye Gold. While this may sound like a…


An eastward view towards the Minapampa orebody (centre, in flat, grassy area) at Minera IRL's Ollachea gold project in late 2011. Artisanal miners' structures can be seen at the valley bottom, and hidden even deeper in the valley in the distance is the village of Ollachea. The tunnel portal is in the adjacent valley to the left. Photo by John Cumming

Ollachea delivers for Minera IRL in Peru

Lima-based gold miner Minera IRL (IRL-T, MIRL-L) has completed a definitive feasibility study on its wholly owned Ollachea gold project in southeastern Peru that shows strong potential for a robust underground mine that could produce 113,000…


More headaches for Anglo American

Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.


A trench at the Atygai prospect on Slater Mining's West Khazret gold project in Kazakhstan. Source: Slater Mining

Slater’s patience rewarded in Kazakhstan’s goldfields

Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…


Gold Fields reduces its SA risk, spins out two mines

Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…


Ollachea delivers for Minera IRL in Peru

Lima-based gold miner Mineral IRL (IRL-T, MIRL-L) has completed a definitive feasibility study of its wholly owned Ollachea gold project in southeastern Peru that shows the potential to build a profitable underground mine that could produce…



Cuervo Resources chairman Gordon Watts at the Cerro Ccopane project. Photo by Salma Tarikh

Cuervo jumps back into action in Peru

Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.



Tinka on to new zinc discovery

Tinka Resources (TK-V) has a new zinc find on its hands in west-central Peru, and the market is taking notice. The company released its latest results from a single diamond drill hole A12-04A at its Ayawilca project, near Colquipucro in the…


Core boxes stacked at Largo Resources' Maracas vanadium project in Brazil. Source: Largo Resources

Cashed-up Largo to enlarge stake in Maracas

A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.


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