South America

Latin carats in one basket

Vancouver — Subscribing to the philosophy “bigger is better,” emerging diamond producer Vaaldiam Resources (VAA-T, VAAFF-O) has announced plans to merge with Australian company Elkedra Diamonds (EDN-…



YAMANA GOLDThree Yamana Gold workers at the company's Jacobina gold mine in Brazil. Yamana, with help from Northern Orion, has launched a hostile bid for U.S.-based Meridian Gold.

Yamana hoping three’s company

Analysts see merit in a plan Yamana Gold (YRI-T, AUY-N, YAU-L) has hatched with Northern Orion Resources (NNO-T, NTO-A) to merge and take over Meridian Gold (MNG-T, MDG-N). But whether the new company…









Luna running with Piaba

Vancouver — Luna Gold (LGC-V, LGCU-O) has only held the Piaba gold project in Brazil for half a year, but the company is moving the site forward as quickly as possible, aiming for production by early…


KINROSS GOLDKinross Gold's existing Brasilia mill, which was completed in 1987. The increasingly harder ore at Paracatu means a new treatment plant is needed to boost mill capacity.

Brazil becomes cornerstone for Kinross

Finding and developing new reserves to replace mined ounces is a constant struggle for gold producers, especially in today’s heated gold market where the competition for projects is fierce and permitt…


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