Following a tumultuous four months that saw its share price plummet and development options narrow, Vancouver-based explorer Extorre Gold Mines (XG-T, XG-X) has found a solution to its problem in the form of Toronto-based miner Yamana Gold…
Peru is experiencing a mining boom of global proportions thanks to years of heavy investment and increasing production. The country is the world’s number-two copper producer, number-two silver producer, number-six gold producer,…
Carl Hansen is a big fan of the Maricunga mineral belt in Chile’s Atacama region, high in the Andes.The president and CEO of Atacama Pacific (ATM-V) is advancing the company’s wholly owned Cerro Maricunga gold project, which is just…
New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s decision last month to nationalize…
Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢, or 3.9%, to $7.38 apiece on June 4.Highlights from the holes drilled into the Yaragua system…
Cashed-up gold producer Aurizon Mines (ARZ-T, AZK-X) has taken a step back from the development threshold on its Joanna gold property 20 km east of Rouyn-Noranda, Que. The company made the decision following a lukewarm feasibility study on a…
Panoro Minerals (PML-V) has over a dozen properties in Peru, but is focusing on developing its two advanced-stage projects in the country’s southeastern region.Its top priority is the wholly owned Cotabambas copper-gold project,…
Of Yamana Gold’s (YRI-T, AUY-N) $125-million budgeted for exploration this year — a 10% increase over 2011 — about $29.5 million, or 23%, is earmarked for northern Chile, where it owns 100% of the high-grade El Penon…
VANCOUVER — Just days after taking the keys from mine developer Banlaw Afrique, Canadian gold outfit Banro Corp. (BAA-T, BAA-X) has run into delays during the comissioning of its 100%-owned Twangiza open-pit mine 45 km southwest of Bukavu…
Centerra Gold (CG-T) plunged more than 30% as the Kyrgyz parliament debated the fate of the company’s Kumtor gold project in Kyrgyzstan on Friday, while investors worried about the possibility of Centerra losing its mining licence.
Golden Reign Resources (GRR-V) is looking to do its part to help return Nicaragua to its former vaunted status in the gold world.
VANCOUVER — Rio Tinto (RIO-N, RIO-L) has announced billions of dollars in capital commitments to advance and upgrade some of its most high-profile assets.
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