South America

An aerial view of Minera Andes and Hochschild Mining's San Jose silver-gold mine in Santa Cruz province, Argentina. Photo by Minera Andes

Minera Andes makes headway at San Jose mine (March 28, 2011)

Exploration drilling in and around the San Jose underground mine last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera Andes…



Milling and housing facilities Sociedad Minera Corona's Yauricocha silver-copper-lead-zinc mine in Peru. Photo by Dia Bras Exploration

Lima connections help Dia Bras acquire Yauricocha mine

Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…






Malbex continues to define promising new zone

All it took was the results from a drill hole and Malbex Resources (MBG-V) shares started running in the right direction. The company’s shares were up 24% or 14¢ to 73¢ in Toronto on March 25, with heavy volume of 3.5 million shares…


Sandspring makes plans for Guyana gold-copper mine

Vancouver – Sandspring Resources (ssp-v) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the $617 million needed…


Riding the wave of silver prices

Pan American Silver’s (PAA-T, PAAS-Q) seven operating mines in Mexico, Peru, Argentina and Bolivia churned out a total of 24.3 million ounces of silver in 2010, a year-on-year rise of 5%, leaving the company with more than US$360 million in the…


More high grades for Continental

The latest results from Continental Gold’s (CNL-T) Buritica project in Colombia add further support to the notion that the company has significant project on it hands. The latest results came out of 15 diamond drill-holes at the wholly owned…


Argentex Mining posts Pinguino PEA

Until late 2009, Argentex Mining (ATX-V, AGXM-O) focused on drilling the polymetallic sulphide mineralization at its Pinguino project in Argentina. But then the company decided to shift gears and concentrate instead on the property’s…


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