Gran Colombia offers up US$75 million of silver-linked notes
Gran Colombia Gold (GCM-T) is looking to issue up to US$75 million worth of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
South America
Kinross leads majors for investments in junior gold plays
After betting US$7.1 billion last fall on the expansion potential of Red Back’s Tasiast gold mine in Mauritania, Kinross Gold (k-t, kgc-n) chief executive Tye Burt told reporters his company’s buying spree had come to an end for a while. “We’ve…
Orosur to buy Chilean artisanal gold mine
Orosur Mining (OMI-V, OMI-L) does things a little differently than its Canadian counterparts. For starters, the company’s head office is in Montevideo, Uruguay, where its chief executive officer, David Fowler, also resides.
Malbex finds new zone, wraps up drill program
Malbex Resources (MBG-V) wrapped up its 2010/2011 drill program at the Del Carmen gold-silver project in Argentina’s San Juan province, saying it now has enough data to calculate a resource estimate for the Rojo Grande target by year-end.
Bear Creek hit, fights back in Peru
Vancouver – 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 the weekend by the Peruvian government’s decision to revoke the license for…
Largo makes headway with vanadium venture
Largo Resources (LGO-V) acquired its Brazilian Maracas vanadium project in 2006. By 2008, Largo had taken the resource from 10 million tonnes to 23 million tonnes and completed a feasibility study. Between 2005 and 2008, the company’s market…
Inmet’s Balboa discovery excites the market
A high-grade intercept of 124 metres, grading 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project, makes Balboa a “contender,” writes UBS Investment Research associate analyst Matt Murphy…
Young and old join forces to create new gold explorer
A 33-year-old entrepreneur with an undergraduate degree in cell biology and genetics isn’t the first person one expects as the chairman of a new mineral explorer focused on Brazilian gold.
Magellan races to find more Brazilian gold
It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (MNM-V).
Brazilian Gold turns to Tapajos
Brazilian Gold (BGC-B) wants investors to get familiar with Brazil’s Tapajos region.
Luna cutting costs, boosting output at Aurizona
Working away in the relatively remote San Luis craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, advances a second project to the scoping stage and holds an extensive greenfield land package in the area.
Rio Novo Gold marches towards production
Rio Novo Gold (RN-T) hopes to become a gold producer by bringing its two advanced-stage Brazilian properties into production: The Almas gold project in the southeastern part of Tocantins State, and the Guaranta gold project in the northern part…