South America

Workers inspect a jumbo at Hudbay Minerals' 70%-owned Reed copper mine, 120 km east of Flin Flon, Manitoba. Credit: HudBay Minerals

Hudbay’s Manitoba business going strong and growing

Hudbay Minerals (TSX: HBM: NYSE: HBM) swung to a net loss in the first quarter of $27.2 million, or 15¢ per share, compared to a profit of $1.9 million, or 1¢ per share, in the first quarter of 2013, mainly due to a temporary…


The Tantamaco prospect at Azincourt Uranium's Macusani uranium project in southeastern Peru. Credit: Azincourt Uranium

Macusani to buy Azincourt’s Peruvian uranium play

VANCOUVER — Macusani Yellowcake (TSXV: YEL, US-OTC: MCYWF) has struck a deal to buy Azincourt Uranium’s (TSXV: AAZ, US-OTC: AZURF) Minergia uranium portfolio on the Macusani Plateau of southeastern Peru.


A drill rig at GoldSource Mines' Eagle Mountain gold project in Guyana. Credit:  GoldSource Mines

GoldSource sees path to production in Guyana

VANCOUVER — Down markets can yield opportunity, and for junior GoldSource Mines (TSXV: GXS; US-OTC: GXSFF) that opportunity came in the form of a February merger with Guyana-focused explorer Eagle Mountain Gold (TSXV: Z).



Verde Potash pushes Cerrado ahead

VANCOUVER — With a prefeasibility study in hand and a major funding deal arranged with the Brazilian government, Verde Potash (TSX: NPK; US-OTC: AMHPF) is pushing its Cerrado Verde project in Brazil towards production.


Ecuador Gold boosts resource at Santa Barbara ahead of PEA

VANCOUVER — Development potential is coming into focus for Toronto-based explorer Ecuador Gold and Copper (TSXV: EGX) at its flagship Santa Barbara gold–copper porphyry deposit along the Zamora belt in southeastern Ecuador. On March…



CB Gold outlines small gold-silver resource at Vetas

It’s been a tumultuous six months for Colombia-focused explorer CB Gold (TSX: CBJ; US-OTC: CBHDF) and its Vetas gold project 325 km due northeast of Bogotá. The company saw former president and director Giles Baynham depart in late…



San Jose yields more high grades

VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…


Gramalote hill on B2Gold and AngloGold Ashanti's Gramalote gold project, 80 km northeast of Medelln, Colombia. Credit: B2Gold

B2Gold, AngloGold put Gramalote on ice

Gramalote’s chances of becoming one of the first modern commercial scale gold mine in Colombia have been diminished, as B2Gold (TSX: BTO; NYSE-MKT: BTG) released a preliminary economic assessment (PEA) of the project and  said it…


A drill site at Pershimco Resources' Cerro Quema gold project in southwestern Panama. Credit: Pershimco Resources

More big things to come from little Panama

PANAMA CITY, PANAMA — There may be 117 countries with more land mass and another 131 countries ahead of it when it comes to population, but for such a small country, Panama likes to do things big.


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