South America

Higher earnings despite lower production for Quadra FNX

It was a busy quarter for Quadra FNX Mining (QUX-T), but one that paid large profits to the recently merged company despite lower production totals. Quadra, which teamed with FNX in May of last year, reported a 75% increase in earnings, as…



Extorre updates Cerro Moro study

Vancouver – Extorre Gold Mines (XG-T) has released an updated economic assessment for its fast-evolving Cerro Moro gold-silver project in Argentina that factors in higher throughputs, metal prices and capital costs.


Verde Potash president and CEO Cristiano Veloso (left) and geologist Mario Viegas at the Cerrado Verde potash project in Minas Gerais, Brazil. Photo by Ian Bickis

Verde Potash heats up on Brazilian Thermopotash

There is a whole lot of verdete slate at Verde Potash’s (NPK-V) unconventional potash play in Brazil. Standing atop a hill of the chalky green rocks, you can see the same rocks poking conspicuously from the many grass-covered hillsides in the…


Anfield gets hard numbers for Mayaniquel project

Two years after making a bet on Guatemalan nickel laterite, Anfield Nickel (ANF-V) has some hard numbers regarding the wisdom of the venture with its first preliminary economic assessment on the Mayaniquel project.


Batero falls on the drill

Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. The company’s shares have fallen 28% since releasing its latest drill results on July 27. In Toronto on July 28 its shares closed at $2.68 on 1.04…





Stillwater to buy Peregrine Metals

Peregrine Metals (PGM-T) saw its shares surge more than 250%, after U.S. platinum miner Stillwater Mining (SWC-N) agreed to pay US$487.1 million for the junior and its large undeveloped copper-gold project in Argentina. 


Bear Creek loses Santa Ana

Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…


Positive scoping study for Vaaldiam’s B3

Brazil-focused Vaaldiam Mining (VAA-T) has released a scoping study for its Braüna JV, in Bahia state, that estimates it would cost US$25 million to build a mine that would produce a total of 573,000 carats over a five-year mine life.


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