South America

Ollachea delivers for Minera IRL in Peru

Lima-based gold miner Mineral IRL (IRL-T, MIRL-L) has completed a definitive feasibility study of its wholly owned Ollachea gold project in southeastern Peru that shows the potential to build a profitable underground mine that could produce…



Cuervo Resources chairman Gordon Watts at the Cerro Ccopane project. Photo by Salma Tarikh

Cuervo jumps back into action in Peru

Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.



Tinka on to new zinc discovery

Tinka Resources (TK-V) has a new zinc find on its hands in west-central Peru, and the market is taking notice. The company released its latest results from a single diamond drill hole A12-04A at its Ayawilca project, near Colquipucro in the…


Core boxes stacked at Largo Resources' Maracas vanadium project in Brazil. Source: Largo Resources

Cashed-up Largo to enlarge stake in Maracas

A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.



Magellan’s bright outlook at Coringa

Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) of its Coringa gold deposit in Brazil’s Tapajos province. It concludes that strong economics justify moving the project to the feasibility stage, with a…


Andina jumps on Hochschild’s $103M takeover bid

Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).


The company's manager of community relations Karina Yavar (left) talks to a geologist at the Bob 1 camp site in Peru.

Cuervo jumps back into action in Peru

CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.


The Dorado East deposit at Andina's flagship Volcan project. Source: Andina Minerals

Andina jumps on Hochschild’s $103M takeover bid

Shares of Toronto-based junior Andina Minerals (ADM-T) nearly doubled as it agreed to a $130-million all-cash business combination with Peruvian-based precious metals producer Hochschild Mining (HOC-L).



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