South America

Flotation recovery cells at Trevali Mining's Santander Mine in Peru: Credit: Trevali Mining

Trevali transitions from developer to producer in Peru

It took Trevali Mining (TSX: TV; US-OTC: TREVF) just six months to move its Santander zinc–lead–silver mine in Peru from commissioning to commercial production, and now the Vancouver-based company says it’s ready to develop…


TSX stays up, Feb. 18-21

The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…


Geologist Edwin Mayta (right) at Panoro Minerals' Cotabambas copper project, 50 km west of Cuzco. Credit: Panoro Minerals

Panoro looks forward to ‘transformational year’

Luquman Shaheen, the CEO of Panoro Minerals (TSXV: PML; US-OTC: POROF), remains upbeat and optimistic about the prospects of the company’s Cotabambas copper–gold–silver–molybdenum project and Antilla…


The Susan and Diana pits at Mineral IRL's Corihuarmi gold mine in the Andes of central Peru. Credit: Minera IRL

Minera IRL eyes near-term growth

Lima-based Minera IRL (TSX: IRL; LSE: MIRL) has exited 2013 on an upbeat note, and says it is on track to grow its gold production over the next two years.


Processing facilities at Yamana Gold's El Penon gold-silver mine in northern Chile. Credit: Yamana Gold

Yamana takes US$536M impairment charge in Q4

Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.


Unidentified men in conversation overlooking Belo Sun's Volta Grande gold project in Brazil. Credit: Belo Sun Mining.

Belo Sun revises Volta Grande’s mine plan

Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) has gone with a start-small-but-finish-big approach in a preliminary economic assessment (PEA) for its Volta Grande gold project in Brazil’s Para state.


Drillers at Verde Potash's Cerrado Verde potash project in western Minas Gerais, Brazil. Credit: Verde Potash

Verde Potash scores major funding from Brazilian government

VANCOUVER — It has been just over five years since Verde Potash (TSX: NPK; US-OTC: AMHPF) staked its Cerrado Verde potash project in western Minas Gerais, Brazil, with the goal of meeting the country’s growing fertilizer demand. And…


Augusta Resource's Rosemont copper project  in Arizona. Credit: Augusta Resource

Augusta blasts Hudbay’s ‘lowball’ hostile bid

Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…


Looking south towards the Crux Zone at Atacama Pacific Gold's Cerro Maricunga Oxide gold deposit in northern Chile. Credit: Atacama Pacific Gold

Atacama Pacific Gold grows Cerro Maricunga

Over the last three years, Atacama Pacific Gold (TSXV: ATM; US-OTC: ACPGF) has advanced its Cerro Maricunga gold deposit in northern Chile from a grassroots discovery to one of the largest undeveloped oxide gold deposits in the world, with 3.5…


Carpathian’s RDM mine remains closed, CEO resigns

Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22%  to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…


PotashCorp’s Q4 earnings fall 46%

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.


Conveyors move material in the processing plant at Coeur Mining's Kensington gold mine, 70 km northwest of Juneau, Alaska. Credit: Coeur Mining

Coeur’s 2014 production guidance causes concern

Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…


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