Continental drills, hits deeper
Deep drilling at Continental Gold’s (CNL-T) wholly-owned Buritica gold project in Colombia’s Antioquia department shows that high-grade mineralization runs deeper than previously thought.
South America
Teck options into Strait’s Alicia
Vancouver – Teck Resources (TCK.B-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.
Extorre’s Zoe zone yields high-grade
Infill drilling at Extorre Gold Mines’ (XG-T) Cerro Moro project in Argentina’s Santa Cruz province captured the attention of investors this week with high-grade intercepts including 11.15 metres of 36.3 grams gold per tonne and 4,412 grams…
Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…
Anaconda sells iron ore assets to pay down debt
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and get more focused on gold.
Kinross inks agreement in principle on Fruta del Norte
Kinross Gold (K-T, KGC-N) is finalizing a feasibility study on its Fruta del Norte project in southeastern Ecuador that will be completed before the end of the year and project costs and capital and operating costs are expected to exceed those…
KGHM starts the bidding on Quadra FNX
While $3 billion may sound like a tidy sum, when it’s the price tag on a global copper producer with a stable of enviable development projects, it may not be enough.
Talon gains on Trairao’s resource
Talon Metals (TLO-T) got a much needed boost with an initial resource on three target areas at its Trairao iron project in Brazil’s Para State.
Salazar reports high-grade from Ecuador
Diamond drilling at Salazar Resources’ (SRL-V) 100%-owned Curipamba volcanogenic massive sulphide project in Ecuador has yielded more high-grade precious and base metals over significant widths at the El Domo deposit, which remains open in all…
Guyana Goldfields gets key licence
Guyana has issued its first large-scale mining licence in the gold sector since 1991 – giving Guyana Goldfields (GUY-T) the permission the company needs to build and operate its Aurora project.
AngloGold to buy 19% of Mariana
AngloGold Ashanti (AU-N) is all set to acquire a 19.9% interest in fellow Deseado Massif landholder Mariana Resources (MRY-T, MARL-L).
Orocobre – Argentina’s next low-cost lithium producer?
Brisbane-based Orocobre (ORL-T, ORE-A) is looking to become a significant new lithium producer with its advanced-stage Salar de Olaroz lithium-potash brine project in northwestern Argentina. The company already has a definitive feasibility…