Mineros’ gold bet raises cash and collateral risks
Mineros (TSX: MSA; US-OTC: MNSAF) bought $137.3 million (C$195.7 million) of bullion in the third quarter and expanded its borrowing against physical gold, drawing an…
Colombia
Local miner outbids Freeport for Colombia exploration
Colombia’s OP Gold Capital outbid U.S. copper giant Freeport-McMoRan (NYSE: FCX) for exploration rights in the country’s north, raising its offer to retain a 60-sq.-km…
Glencore halts Cerrejón coal railway after attack
Glencore’s (LSE: GLEN) Cerrejón coal mine in Colombia halted railway operations after explosives struck its network, marking the sixth attack on its infrastructure this year. …
Colombia gold mine collapse kills 13 workers
At least 13 workers have been killed and another seven injured in a landslide at an open pit gold mine in southwestern Colombia — the…
Colombia coal mine explosion kills 9 workers
A coal mine explosion in Colombia’s central Cundinamarca province killed nine workers, only weeks after regulators sounded the alarm about gas risks at the site….
Collective finds new gold zone in Colombia
Collective Mining (TSX, NYSE: CNL) said new drilling at its Guayabales project in Colombia has significantly expanded the size of the deposit’s Apollo system. The stock…
Soma Gold drills high grades at Colombia mine
Drilling by Canada’s Soma Gold (TSXV: SOMA; US-OTC: SMAGF) at its Cordero mine in central Colombia returned a highlight result of 7.5 grams per tonne gold…
London Symposium JV Video: Aris Mining seeks twice its output level
Aris Mining is aiming to attract more institutional investors as it works towards a goal of doubling production by 2026, CEO Neil Woodyer says in…
Colombia to open gold, coal assets up for bids
Colombia will begin taking offers in its first bidding round for gold and copper exploration contracts before the end of March, the government said this…
Gran Colombia Gold to spin off Marmato project
Gran Colombia Gold (TSX: GCM) expects to complete in February the spin-off of its Marmato project, located in Colombia’s department of Caldas, into a separately…