Volume 98 Number 19 Jun 25 - Jul 1, 2012

Panoro Mineralspersonnel and visitors at the Cotabambas copper-gold project in Peru, 48 km southwest of Cuzco. Photo by Ian Bickis

Panoro shows promise in Peru

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,…


Workers install a pebble crusher at Xstata's Antapaccay copper project in Peru. Photo by Xstrata

Xstrata copes with civil unrest in Peru

As with many resource-rich developing countries,   there can be tensions in Peru between pro-mining interests and affected local communities. Switzerland-based Xstrata (XTA-L) is stuck in the middle of such a dispute as regional…


A mill at Yamana Gold's El Penon gold-silver mine, 160 km southeast of Antofagasta, Chile. Photo by Yamana Gold

Yamana ramps up exploration at El Penon

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…


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