Toachi has VMS target by the tail at La Plata in Ecuador
La Plata — a gold-rich, volcanogenic massive sulphide (VMS) deposit, 85 km south of Ecuador’s capital city of Quito — was the subject of small-scale mining from open-pit and underground…
South America
TNM Data Miner: Largest global gold reserves in 2016
The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The list excludes combined reserves at…
Lumina Gold tallies 4M oz. gold resource in Ecuador
Lumina Gold (TSXV: LUM) has carved out 4 million oz. gold at its Cangrejos project in the Andean foothills of southwestern Ecuador’s El Oro province, and mineralization remains open to…
Eloro secures foothold in popular Peruvian gold belt
The North Central Mineral Belt of Peru is well-known for the gold mines that dot its landscape, from South America’s largest gold mine, Yanacocha, owned by Newmont Mining (NYSE: NEM)…
TNM Data Miner: Top 5 global copper resources in 2016
VANCOUVER — Tapping into the IntelligenceMine database of our sister company Infomine, The Northern Miner has compiled the world’s five largest copper deposits at operating mines worldwide based on resources. 1….
Cordoba CEO discusses next steps at San Matias
VANCOUVER — It remains early days for Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) at the San Matias copper-gold property, 200 km north of Medellin, Colombia, but there’s already excitement building around…
Goldcorp drops $35M into Auryn
Goldcorp (TSX: G; NYSE: GG) is taking a 12.5% stake in Auryn Resources (TSX: AUG; US-OTC: GGTCF) for $35 million — a sum that will be used to fund a…
Best gold stocks on TSX in 2016
While the gold price erased most of the headway it made in early 2016, it still exited the year up 8.5% at US$1,150.90 per oz., snapping three years of consecutive…
Great Panther to buy Coricancha from Nyrstar
VANCOUVER — Silver miner Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) has struck a deal with Nyrstar to acquire the European smelting giant’s shuttered Coricancha polymetallic mine complex, 90 km…
Yamana’s spin-out of Brio Gold draws limited interest
VANCOUVER — Yamana Gold’s (TSX: YRI; NYSE: AUY) efforts to monetize most of its stake in newly public Brio Gold (TSX: BRIO) have, once again, failed to generate much market interest. The company has been…
Site visit: Antioquia Gold pushes Cisneros to production
MEDELLIN, COLOMBIA — It’s full steam ahead for Antioquia Gold (TSXV: AGD; US-OTC: AGDFX) at its Cisneros high-grade gold mine under construction 2 km east of the town of Cisneros…
Greenstone buys majority of Coro Mining’s latest financing
A private equity firm specializing in the mining and metals sector run by former executives of Xstrata and J.P. Morgan has bought most of the shares that Chile-focused Coro Mining…