Canadian Mining Journal

South America

  • News

    GOLD: Newmont Goldcorp ups dividend by 79%

    January 6, 2020 by Canadian Mining Journal

    DENVER – In line with its commitment to return cash to shareholders, Newmont Goldcorp has announced a hefty 79% increase to its dividend to US$1.00 annually, effective upon approval in April. Alongside this increase, in December, the company announced plans

  • A look back at CMJ’s top stories of 2019

    January 6, 2020 by Canadian Mining Journal

    To start off 2020, we’ve compiled some of our most popular stories of 2019, as well as highlighting our choices for most interesting or important articles for the year. Top 5 most read 1. No. 1 Nutrien heads Top 40 list

  • COPPER-GOLD: China’s JCHX takes stake in Cordoba Minerals

    January 6, 2020 by Northern Miner Staff

    COLOMBIA – Cordoba Minerals says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is currently completing underground development work in the Democratic Republic of

  • News

    State-owned Codelco struggles to maintain output

    December 18, 2019 by Tom Azzopardi

    In October, the wheels started turning on one of the world’s largest conveyor systems. Once in full operation, 14 km of belts will bring 140,000 tonnes of ore a day to surface from huge tunnels carved out beneath Codelco’s giant

  • News

    PERMITTING: Gold Fields receives EIS approval for Salares Norte

    December 18, 2019 by Northern Miner Staff

    CHILE – The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields’ Salares Norte project in northern Chile — paving the way for the company to proceed with a construction decision in the first half of 2020.

  • News

    CRUSHER: Metso to provide crushing and handling equipment for Venetia mine

    December 17, 2019 by Canadian Mining Journal

    SOUTH AFRICA – Metso will deliver high performance crushing and material handling equipment to the Venetia diamond mine held by De Beers. The Venetia mine is reported to produce about 4 million carats per year, making it one of South

  • News

    GOLD: Lundin Gold exports first gold concentrate and doré from Ecuador

    December 16, 2019 by Canadian Mining Journal

    VANCOUVER – Lundin Gold has announced the first export of gold concentrate and doré from Ecuador with the first shipment of 180 tonnes of concentrate departing the port on Dec. 8. “Our first shipment to Boliden’s smelting facility in Harjavalta,

  • GOLD: November a record month for Gran Colombia

    December 9, 2019 by Canadian Mining Journal

    COLOMBIA – Gran Colombia Gold released November production numbers for its Segovia and Marmato operations in Colombia. Last month, the company produced 21,835 oz. of gold, a new record. This year, the company expects to deliver production in the upper

  • News

    COPPER-GOLD: TSXV greenlights ATEX’s acquisition of Chilean copper project

    December 5, 2019 by MINING.COM Staff

    CHILE – ATEX Resources received conditional approval from the TSX Venture Exchange for its acquisition of the Valeriano porphyry copper-gold project, located in Chile. The decision means that ATEX shares will again commence trading on the TSXV on December 5,

  • News

    GOLD: Kinross sells stake in Lundin Gold for $150M

    December 5, 2019 by Northern Miner Staff

    TORONTO – Kinross Gold is selling 20.7 million shares or its 9.2% stake in Lundin Gold for $150 million. Current shareholders Newcrest Mining and the Lundin Family Trust are buying the Kinross shares, boosting their interest in Lundin Gold to 32% (from

  • ROYALTIES: Maverix Metals boosts its portfolio with Kinross deal

    December 2, 2019 by Canadian Mining Journal

    Kinross Gold is selling its royalty portfolio to Maverix Metals for US$74 million in cash and shares. The deal includes a US$25-million cash component and 11.2 million shares in Maverix, which will give Kinross a 9.4% interest in the growing

  • News

    Aurania finds ancient Spanish road at Lost Cities-Cutucu project in Ecuador

    December 2, 2019 by Trish Saywell

    For almost twenty years, Keith Barron has been researching and hunting for two famous gold-mining centers in Ecuador that historic Spanish manuscripts and maps from the 16th and 17th centuries refer to as Sevilla del Oro and Logrono de los