Canadian Mining Journal

South America

  • News

    MINING: Brazil tweaks rules for Amazon mineral development

    August 29, 2017 by Canadian Mining Journal

    RIO DE JANEIRO – Faced with overwhelming criticism from lawmakers and environmentalists, the government of Brazil plans to revise the rules for opening up a vast reserve in the Amazon Basin to exploration and mining. The prior decree will be

  • News

    MINING: Brazil opens large part of Amazon reserve to exploration, mining

    August 28, 2017 by Canadian Mining Journal

    RIO DE JANEIRO – Last week Brazilian president Michel Temer opened up 46,000-km2 area in the National Reserve of Copper and Associates (Renca) to exploration and mining. The protected status of an area straddling the northern states of Amapa and

  • News

    GOLD: Reunion to raise $15M for projects in French Guiana

    August 23, 2017 by Canadian Mining Journal

    FRENCH GUIANA – Reunion Gold Corp. of Longueuil, Que., wants to raise $15 million for work at tis gold projects in this country. The company is making a non-brokered private placement consisting of units priced at $0.13 each. Each unit

  • News

    COPPER: BHP pledges $2.5B for Spence mine growth

    August 17, 2017 by Canadian Mining Journal

    CHILE – BHP of Melbourne, Australia, has committed US$2.46 billion to expand the Spence open pit, heap leach copper mine in the northern part of the company. The mine is operated by Minera Spence, a wholly owned subsidiary of BHP.

  • News

    Killing of contractors casts pall over Continental’s Buritica project in Colombia

    August 17, 2017 by Canadian Mining Journal

    Over the last year, Continental Gold (TSX: CNL; US-OTC: CGOOF) has had a series of successes in Colombia. It received the final environmental permit for its Buritica gold project in November 2016, and in May, closed private placements with Newmont Mining (NYSE: NEM) and

  • News

    Trek sets stage for near term restart at Aurizona

    August 10, 2017 by Canadian Mining Journal

    VANCOUVER — Trek Mining (TSXV: TREK) is on track to revive its flagship Aurizona gold mine in northwestern Brazil. On July 31, the company unveiled a re-imagined feasibility study (FS), modeling a $131-million redevelopment plan that would result in “first gold pour”

  • News

    Red Eagle grapples with ground conditions at San Ramon

    August 9, 2017 by Canadian Mining Journal

    VANCOUVER — Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan. The company has been struggling with

  • News

    POTASH: Mosaic to acquire Vale’s fertilizer business including Kronau project in Canada

    August 2, 2017 by Canadian Mining Journal

    SASKATCHEWAN – A Brazilian regulator has approved the sale by Vale SA of its fertilizer division to Mosaic Company of  Plymouth, Minn. The deal includes Vale’s Kronau potash project in this province. Mosaic is paying US$2.5 billion for the project

  • News

    Great Panther buys Nyrstar’s Coricancha

    July 31, 2017 by Canadian Mining Journal

    Junior silver miner Great Panther Silver (TSX: GPR; NYSE: GPL) has acquired Belgian smelting giant Nyrstar’s idled Coricancha gold-silver-lead-zinc-copper mine and mill complex, 90 km east of Lima, Peru. The 600-t/d underground mine, which has been under care and maintenance since 2013, could

  • MERGER: Eldorado, Integra shareholders approve combination

    July 10, 2017 by Canadian Mining Journal

    VANCOUVER – Eldorado Gold and Integra Gold jointly announced on July 10 that their respective shareholders had approved the arrangement between the two companies, as has the Supreme Court of British Columbia. Integra will become a wholly owned subsidiary of

  • News

    AWARD: Ross Beaty receives Order of Canada

    July 10, 2017 by Canadian Mining Journal

    OTTAWA – Mining magnate and philanthropist Ross Beaty is among the 99 prominent Canadians awarded membership in the 2017 Order of Canada. The award shows that mining and environmentalism are not necessarily incompatible. Beaty, the founder and chairman of Pan American

  • IRON ORE: Samarco restart delayed into 2018

    July 4, 2017 by Canadian Mining Journal

    BRAZIL – BHP Billiton of Australia has approved a total of US$250 million in financial support for the Samarco iron ore clean up through the end of this year. The company says operations are unlikely to restart this year. Samarco