Sunward puts out major resource for Titiribi project
Vancouver – Sunward Resources (SWD-V) has added considerably to the gold resources at its wholly-owned Titiribi project in northwestern Colombia.
South America
Discovery hole lifts Magellan
Magellan Minerals (MNM-V) discovered a new gold zone at its Cuiu Cuiu property in Brazil and the market took note. The new gold mineralization was found north of the Central zone and Magellan is calling the new zone “Central North”. The hole…
Inca Pacific takes $35-million buyout to end ownership dispute
Vancouver – A protracted ownership battle looks to be closing with Inca Pacific Resources (IPR-V) agreeing to a roughly $35-million buyout by Peruvian-listed Minera Milpo.
Silver Standard advances projects across the Americas
With one of the largest silver resources around, Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Santo Domingo a feather in Capstone’s cap
Capstone Mining (CS-T) has released a prefeasibility study for its 70%-owned polymetallic Santo Domingo project in Chile that shows relatively low capital costs for a project of its scale, just as costs are on the rise for its two producing…
Quadra FNX pumps profits despite lower production
It was a busy second quarter for copper miner Quadra FNX Mining (QUX-T), but one that paid large profits to the recently merged company despite lower production totals.
Majescor doubles on Haitian drill results
At long last, Ottawa-based Majescor Resources (MJX-V) has received high-grade gold assays from drilling completed in December 2009 at its Somine gold-copper project in northeastern Haiti.
Expectations high for Batero in Colombia
Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. Shares fell as much as 28% after the company released more drill results from its Batero-Quinchia gold-copper project in Colombia on July 27. At…
Encouraging signs for Rio Novo Gold
Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.
Initial resource out for Atacama Pacific’s Cerro Maricunga
Vancouver – Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last fall with a $33-million IPO and an advanced gold project in Chile.
Coro Mining shares plunge after environmental permit rejection
The provincial government of Mendoza has failed to ratify the environmental impact declaration for Coro Mining’s (COP-T) San Jorge copper-gold porphyry project in Argentina, voting against allowing the company to build an open-pit mine there.
Silver Standard working to develop multiple projects
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.