South America




Change at the top for Verena

The promising exploration growth Verena Minerals (VML-T) has shown recently in Brazil will have to be driven by a n…




AngloGold buys Sao Bento mine

VANCOUVER– AngloGold Ashanti (AU-N, AGD-L) will get Eldorado Gold’s (ELD-T, EGO-X)Sao Bento mine in Brazil, now on care and maintenance, for US$70 million worth of AngloGold shares tradable on the Ne…


Rio Tinto to expand Corumba

Strong iron ore prices and rising demand in South America and the Middle East are behind Rio Tinto’s (RTP-N, RIO-L) latest announcement that it will invest US$2.15 billion in a major expansion of its …




Atacama to raise $80M

VANCOUVER– Atacama Minerals (AAM-V, ATAAF-O), a major iodine producer in Chile, has announced an $80-million brokered private placement on a best-efforts basis to raise money for its move into fertil…


Andina doubles Volcan

Andina Minerals (ADM-V, ADMNF-O) has boosted measured and indicated resources at its Volcan gold project, in Chile, to 6.62 million oz. gold. The last resource estimate was released in October 2007 an…


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