Vale goes big and goes home
The 24th trading week of the year saw the world’s biggest iron ore miner — Vale — and Germany’s biggest steelmaker — ThyssenKrupp Steel — usher in a new era in steelmaking in Brazil.
South America
Peregrine pulls long copper hits at Altar
VANCOUVER — The Altar copper porphyry in Argentina is returning long mineralized intercepts as Peregrine Metals (PGM-T) looks ahead to developing a large-scale heap-leach operation at the site.Peregrine recently completed a 76-hole drill…
Patagonia Gold advances exploration in Argentina
Patagonia Gold (PGD-L) is all cashed up to develop larger and cheaper gold projects in Argentina’s Santa Cruz province.Earlier this month, the company raised US$18.79 million in a share placement and US$13.45 million in a similar exercise in…
Colossus Minerals discovers two new mineralized zones at Serra Pelada
Nearly a quarter of a century after Serra Pelada hosted the largest precious metals rush in Latin American his…
More copper hits at Zafranal for AQM Copper
Vancouver – Newly renamed AQM Copper (AQM-V) continues to pull long copper intercepts from its Zafranal proj…
Salazar restarts drilling at Curipamba
Salazar Resources (SRL-V) is back in the game in Ecuador, and has the drills turning at its Curipamba project, which is a gold-rich volcanogenic massive sulphide (VMS) camp.
Crystallex sells slice of Las Cristinas dream
Unable to get any traction on developing the fiercely disputed Las Cristinas gold deposit in Venezuela, Crystallex International (KRY-T, KRE-X) has sold two-thirds of its contested operatorship, appar…
Ventana intercepts more high-grade gold
Vancouver – Ventana Gold’s (VEN-T) latest drill results from its La Bodega gold-silver-copper project in Colom…
Quadra FNX loses Chinese partner for Sierra Gorda (June 16, 2010)
A Chinese utility company has walked away from a potential 50-50 joint venture deal with recently-merged Quadr…
Argentex discovers new silver-gold zone at Pinguino in Argentina
The Tranquillo Trend, a northwest regional feature that crosscuts 11 km of Argentex Mining’s (ATX-V, AGXM-O) P…
IFC to invest in Argentex Mining
VANCOUVER — Argentex Mining (ATX-V, AGXM-O) has announced a proposed $7.3-million private placement by the World Bank’s International Finance Corp. (IFC) that will help further the development of its…
Drills expand Trevali’s Santander deposits
VANCOUVER — A 12,500-metre drill program at the Santander silver-lead-zinc project in Peru designed to boost confidence in the known resource, expand the deposits down-plunge and towards each other, …