Iamgold on path to production at Saramacca in Suriname
Iamgold (TSX: IMG; NYSE: IAG) has announced that it plans to begin production at its Saramacca open-pit gold deposit in the second half of 2019. The mine is located 18…
South America
Orvana squeaks out $3M profit in Q2
Toronto-based junior miner Orvana Minerals (TSX: ORV) posted a relatively strong fiscal second quarter ended March 31, 2019, with good performance from its two operating mines: the Don Mario gold…
Equinox Gold pours first gold at Aurizona in Brazil
When Equinox Gold (TSXV: EQX; US-OTC: EQXFF) was formed in December 2017 as a three-way merger of Trek Mining, Newcastle Gold and Anfield Gold, it launched with a development asset…
Chile’s claims conundrum
SANTIAGO, CHILE — Rules which once helped turn Chile into a mining powerhouse have become a weight around its neck. Chile’s place as the world’s largest copper producer looks assured. Production…
Nobis Group takes stake in Adventus in Ecuador
One of Ecuador’s largest private conglomerates — with investments in everything from deepwater ports to real estate and agriculture — has chosen Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its Curipamba…
SolGold’s Alpala: getting bigger, with higher grade
Another year, another doubling of resources: since launching a drill campaign on the Cascabel project in northern Ecuador in 2013, SolGold (TSX: SOLG; LON: SOLG) has steadily converted hints of…
Gold Fields takes stake in Chakana Copper
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSXV: PERU; US-OTC: CHKKF) and its Soledad project in Peru. Gold Fields (NYSE:…
TSX mixed, April 15-19: Euro Copper, Taseko, Largo
Canada’s benchmark index rose 0.8% to 16,612.81. The S&P/TSX Global Mining Index fell 2.5% to 76.22 and the S&P/TSX Global Gold Index fell 3.5% to 186.63. The spot gold price…
Keith Barron loans $3M to Aurania Resources
Keith Barron, who owns 53% of the common shares of Aurania Resources (TSXV: ARU; US-OTC: AUIAF), has agreed to loan the company up to $3 million to support exploration at…
TSX Venture slips, April 15-19: Millennial Lithium, Novo, Superior Gold
The S&P/TSX Venture Composite Index fell 1.5% to 609.21, continuing its steady April decline. Shares of Millennial Lithium rose 18¢ to $1.75, after the company doubled the resource at its…
Millennial Lithium doubles resource at Pastos Grandes in Argentina
Millennial Lithium (TSXV: ML; US-OTC: MLNLF) has doubled the measured and indicated resource at its Pastos Grandes lithium project in Salta, Argentina. The project now contains 18 billion measured and…
Lundin Mining to buy Yamana’s Chapada mine in Brazil
Lundin Mining’s (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold’s (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production…