Mexico and Central America
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B2Gold sells Nicaraguan assets to Calibre Mining
B2Gold (TSX: BTO; NYSE: BTG) is selling its El Limon and La Libertad mines, Nicaragua’s largest gold exporters, along with its Pavon project and other mineral concessions in the country, to Calibre Mining (TSXV: CXB) in a deal worth US$100 million. Calibre Mining,…
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Orla completes study on Camino Rojo in Mexico
Orla Mining’s (TSX: OLA) Camino Rojo open pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for US$123 million, a new feasibility study concludes. The study envisions a simple heap leach…
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GOLD-COPPER: Ridgestone to expand Rebeico project
MEXICO – Ridgestone Mining entered into an agreement to purchase a 100% interest in 10 mining concessions adjacent to its Rebeico gold-copper project in Sonora. The project sits on the Sierra Madre gold belt, credited with the production of over…
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COPPER: First Quantum ships first concentrate from Cobre Panama
PANAMA – First Quantum Minerals of Toronto said the first shipment of copper concentrate from the $6.3-billion Cobre Panama project has left port. The open pit mine and mill, located 120 km west of Panama City, is owned 90% by…
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COPPER-GOLD: Orestone to start exploring copper-gold project
CHILE – Orestone Mining has started exploration work on its Resguardo copper-gold porphyry project in northern Chile. In a press release, Orestone said that a geophysical contractor has been mobilized to conduct a 10 line-kilometre induced polarization and resistivity geophysical survey…
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ENVIRONMENT: BQE Water to supply SART plant for GoGold’s Parral project
MEXICO – BQE Water, a leader in the management of mine wastewater and metallurgical bleed streams, has been retained by GoGold Resources to supply a SART plant at the Parral tailings project in Chihuahua. The contract comes after on site testing and…
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GOLD-SILVER: Canada’s Monarca to acquire San José project
MEXICO – Monarca Minerals entered into an option agreement to acquire a 100% interest in the 5,580-hectare San José project located in Chihuahua. To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession…
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GOLD: Barrick mulls $1B expansion at Pueblo Viejo
DOMINICAN REPUBLIC – Toronto’s Barrick Gold has given itself until 2020 to complete a feasibility study on increasing the output of the Pueblo Viejo gold mine by 50%. The study will address the expansion of the processing plant and tailings…
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EXPLORATION: South America Snapshot: Eight companies advancing assets
With its vast mineral potential and pro-mining business environment, South America has long been a home away from home for North American listed mineral explorers, developers and miners. Here is a look at eight such companies that are active at…
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VANADIUM: Delrey moves ahead with acquisition of Four Corners property
NEWFOUNDLAND – Delrey Metals announced this week that it entered into a definitive property option agreement with respect to the right and option to acquire an 80% interest in and to certain mineral licences which comprise the Four Corners project…
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COPPER: Cobre Panama makes initial 25-t for First Quantum
PANAMA – First Quantum Minerals of Vancouver has offered an update on progress at the Cobre Panama copper mine as it made 25 tonnes of copper during the first quarter of this year. The project is on track to deliver…
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GOLD-SILVER: Minera Alamos attracts new coverage
MEXICO – Haywood Securities has initiated coverage of Minera Alamos with a buy rating and 12-month target price of $0.40 per share – a 281% return from the junior’s current share price of $0.11. “Minera Alamos holds two development projects in its…
