Avion posts Vindaloo resource
Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently acquired Hounde gold property, about 250 km southwest of Burkina Faso’s capital, Ouagadougo…
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Equinox turns to Saudi Arabia
Equinox Minerals (EQN-T, EQN-A) wants to cement its position as a leading independent pure-play copper producer and it believes its $1.25-billion friendly takeover offer of Citadel Resource Group (CGG…
Midland posts new assays for Ytterby REE project
A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…
Callinan to split royalty, exploration operations
Vancouver — Eighty-three-year-old Callinan Mines (CAA-V) is dividing its royalty and exploration holdings into two entities.
Lithium Americas steps up Cauchari
SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…
Iron Creek advances Victoria in Chile
VANCOUVER — While Iron Creek Capital (IRN-V) may be a little rusty after a long time off, a new president and new capital is kick-starting progress for the Chilean explorer.Timothy Beale, with more than 20 years of experience working in…
Minera eyes mid-tier prize
Minera IRL (IRL-T, MIRL-X, MIRL-L) wants to become a mid-tier gold producer, and it’s looking to South America’s gold wealth to reach that goal.The company, which currently has a small operating open-pit gold mine in Peru, has a three-phase…
Extorre Gold advances Cerro Moro
VANCOUVER — For years the Cerro Moro gold-silver project in Argentina’s Santa Cruz province played second-fiddle to Exeter Resource’s (XRC-T, XRA-X) sizable Caspiche gold project in Chile, but the project is now advancing quickly as the prime…
Wealth Minerals explores REE project
Wealth Minerals (WML-V) is kicking off an exploration program for rare earth elements (REE) in Argentina at Rodeo de los Molles, an undeveloped REE project that the company says is one of the largest in South America.Wealth Minerals is…
Barrick updates Chilean, Argentine projects
Barrick Gold (ABX-T, ABX-N) has completed nearly 90% of the detailed engineering and procurement work at its Pascua-Lama gold mine project and says it is on track to start production in the first quarter of 2013.The project, straddling the…
Radius targets bonanza silver at Holly-Banderas
Spurred on by recent discoveries in the region, Radius Gold (RDU-V) has dusted off its Holly-Banderas gold-silver project in southeast Guatemala and is embarking on a drilling campaign to further test…
Bear Creek to raise $113M for Santa Ana
On the back of a positive feasibility study for its proposed 63-millionoz. Santa Ana silver mine project in Peru, Bear Creek Mining (BCM-V) is raising $113 million in a bought deal financing.