South America

Valencia upgrades Cachinal resourcce

A review of different scenarios, metal prices, designs and operating cost assumptions based on a new resource estimate for the Cachinal silver project in Chile, indicates a “reasonable prospect” for a…


Geologist Marcus Waring inspects core samples at Luna Gold's Aurizona gold project in Brazil.

Luna hits Aurizona gold

Assay results from Luna Gold’s (LGC-V, LGCU-O)Tatajuba satellite deposit, in the Aurizona gold camp of northeastern Brazil, suggest the region’s potential has been underestimated in the past, the comp…


C2C buys Ecuadorian gold mine

C2C Gold (CCN-V, CCNOF-O) has bought a 50% interest in the Paraiso- Pambil mine on the Bella Rica property in Ecuador, which has produced about 25,000 oz. gold per year over the last 23 years.





ValGold’s Los Patos has room to grow

Although the initial resource estimate for ValGold Resources’ (VAL-V, VALGF-O) Los Patos gold deposit in Venezuela is on the small side, the company points out that it is open along strike and at dept…






Eldorado inks iron ore deal with BHP

VANCOUVER — Eldorado Gold (ELD-T, EGO-X) has signed an agreement to sell future iron ore production from its 75%-owned Vila Nova project, in northern Brazil’s Amapa state, to mining giant BHP Billito…


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