South America

MIRABELA NICKELDrilling on Australian miner Mirabela Nickel's Santa Rita nickel project in Brazil.

Bigger future for Santa Rita with bigger resource

Nothing succeeds in mine development like drilling success. Mirabela Nickel (MNB-T, MBN-A) will start a scoping study on building a smelter at the Santa Rita nickel project in Bahia state, Brazil, aft…


Yamana building up to 1M-oz. mark in Brazil

If Yamana Gold (YRI-T, AUY-N) chairman and CEO Peter Marrone had been asked about the challenges the company was facing two years ago, he would have come up with a long list.




VAALDIAM RESOURCESVaaldiam Resources' wholly owned Duas Barras diamond mine in Brazil, with the recovery plant in the background. The mine, which exploits diamond-rich gravels, is slated to produce 25,000 carats this year and 50,000 carats the next.

Vaaldiam joins diamond producer club

Vancouver — Vaaldiam Resources (VAA-T, VAAFF-O) has commissioned its Duas Barras diamond mine in Minas Gerais state, Brazil, recovering its first batch of stones from the alluvial operation.


First-blush numbers good for Largo

A preliminary economic study on the Maracas vanadium project in western Bahia state, Brazil, shows favourable economics at low vanadium prices, and operator Largo Resources (LGO-V, LGORF-O) will now b…


Goias nickel laterites showing consistency

As International Nickel Ventures (INV-T) and Teck Cominco (TCK.B-T, TCK-N) continue to work toward a preliminary economic study of the Santa F and Ipora lateritic nickel deposits in Goias state, Braz…



Yamana proposes three-way deal

In an attempt to build its strength in South America, Yamana Gold (YRI-T, AUY-N, YAU-L) has made an agreement to bu…




Crystallex clear?

Crystallex International (KRY-T, KRY-X) says it is on the verge of receiving its long-awaited environmental permit for its massive Las Cristinas gold project in Venezuela.


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