Canadian Mining Journal


South America


  • News

    Touchstone looks to score in Colombia

    June 6, 2013 by Canadian Mining Journal Editor

    MEDELLIN, COLOMBIA — Junior gold explorer Touchstone Gold (TCH-T) believes its high grade Segovia project in northwestern Colombia has the hallmarks to become one of the exciting mining stories out of the country, which recently…

  • News

    COAL: Glenstrata opens port in Colombia

    May 29, 2013 by Canadian Mining Journal Editor

    COLOMBIA – Glencore Xstrata of Baar, Switzerland, opened Prodeco’s new coal port, Puerto Nuevo, with the Colombian president, Juan Manuel Santos, and senior members of his administration. Construction of the US$550-million port was begun…

  • Barrick fined $16M for environmental violations at Pascua-Lama

    May 27, 2013 by Canadian Mining Journal Editor

    VANCOUVER – Chile’s environmental regulator has imposed its maximum fine on the world’s largest gold miner after a four-month investigation revealed Barrick Gold (ABX-T, ABX-N) committed “very serious” violations of its environmental…

  • News

    PHOSPHATE: MBAC injecting up to $51.7M in Brazilian mine

    April 16, 2013 by Canadian Mining Journal Editor

    BRAZIL – MBAC Fertilizer Corp. of Toronto has raised gross proceeds of $51.7 million in a bought deal private placement, including a partial exercise of the underwriters ‘option. The company issued approximately 23.48 million shares at a…

  • News

    GOLD: Chilean court halts work at Pascua-Lama

    April 10, 2013 by Canadian Mining Journal Editor

    CHILE – Construction of the Chilean portion of the Pascua-Lama gold mine has been suspended following an injunction issued by a Chilean court of appeals. Toronto-based owner Barrick Gold Corp. said in a tersely worded statement that it…

  • News

    Troy has eyes on Guyana with US$200 million Azimuth bid

    April 3, 2013 by Canadian Mining Journal Editor

    VANCOUVER — Australian-based gold producer Troy Resources (TRY-T, TRY-A) looks set to send its mine building team into the jungles of Guyana following a US$200-million bid for explorer Azimuth Resources (AZH-T, AZH-A) and its…

  • News

    GOLD-SILVER: $140M raised for Inmaculada development in Peru

    March 26, 2013 by Canadian Mining Journal Editor

    PERU – International Minerals Corp., headquartered in Scottsdale, AZ, and traded on the TSX, has secured a US$140-million term loan facility with which to partially fund construction of the Inmaculada gold-silver mine located southwest of…

  • News

    Delving deeper into Colombia’s mining issues

    March 14, 2013 by Canadian Mining Journal Editor

    Colombia is currently one of the world’s more enigmatic mining jurisdictions. There is no denying that country’s lost “cocaine” years have left it with swaths of unrivalled prospective ground ripe for modern exploration. Added to that has…

  • News

    U3O8 snaps up Calypso Uranium in all-share deal

    March 12, 2013 by Canadian Mining Journal Editor

    VANCOUVER – U3O8 is adding money to its coffers and new properties to its Argentinean portfolio through an all-share deal to acquire Calypso Uranium.

  • News

    Yamana beefs up Cerro Moro

    February 14, 2013 by Canadian Mining Journal Editor

    Yamana Gold is getting a firmer handle on its recently acquired Cerro Moro gold project in Argentina.

  • News

    McEwen grows Los Azules copper count

    February 7, 2013 by Canadian Mining Journal Editor

    VANCOUVER – With 10 drill holes McEwen Mining has boosted the copper resource at its Los Azules project in Argentina by 20% compared to the last estimate just eight months ago, and the huge deposit remains open in every direction.

  • News

    COPPER: Xstrata says Las Bambas to cost $5.2B

    January 28, 2013 by Canadian Mining Journal Editor

    PERU – Xstrata Copper says it is prepared to spend US$5.2 billion on the Las Bambas copper project in southern Peru.