Canadian Mining Journal


South America


  • News

    GOLD: Lundin raises $400M for Fruta del Norte development

    February 26, 2018 by Canadian Mining Journal

    ECUADOR – Vancouver-based Lundin Gold has made a US$400-million private placement that, with the recent senior debt facility, provides the funding to complete development of the Fruta del Norte gold project in the Cordillera del Condor region. Lundin issues approximately

  • News

    GOLD: Barrick outlines long term plans for growth

    February 22, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold is spreading the word about how its long term investments will drive  shareholder value. The company says its plans are sustainable and have much upside potential. The timing of the release comes as Barrick is close

  • News

    COPPER: Southern Copper wins $2B Michiquillay property

    February 21, 2018 by Canadian Mining Journal

    PERU – Southern Copper Corp., part of Grupo Mexico, is the winning bidder for the massive Michiquillay copper property in Cajamarca. The auction was held by Proinversion, the Peruvian investment agency. Southern Copper’s bid was US$400 million and a 3%

  • GOLD: Barrick takes $429M impairment for Pascua-Lama

    February 7, 2018 by Canadian Mining Journal

    CHILE – Toronto-based Barrick Gold is taking a US$429-million pre-tax impairment at its Pascua-Lama gold project in Q4 2017. The project straddles the Chile-Argentine border in the Andes Mountains. Chile’s superintendent of the environment (SMA) recently ordered Barrick to close

  • News

    GOLD: Lundin secures a further $300M for Fruta Del Norte build

    January 22, 2018 by Canadian Mining Journal

    ECUADOR – Lundin Gold of Vancouver has secured credit approval for US$300 million of senior debt facility for the continuing development of the Fruta Del Norte underground gold mine in the Cordillera del Condor region. Total pre-production cost of the

  • GOLD: Sanction terms revised on Barrick’s Pascua-Lama project

    January 18, 2018 by Canadian Mining Journal

    TORONTO – On Jan. 17, 2017, Chile’s Superintendencia del Medio Ambiente (SMA) revised its sanction on Barrick Gold’s Pascua-Lama gold project that straddles the border of Chile and Argentina. The project is currently operating  under a temporary closure plan in

  • News

    GOLD: Equinox expects gold pour at Aurizona by year-end

    January 9, 2018 by Canadian Mining Journal

    BRAZIL – Vancouver’s Equinox Gold – formed late last year by the merger of Trek Mining, NewCastle Gold and Anfield Gold – is moving its Aurizona gold project to full construction. The first gold pour is anticipated by the end

  • News

    Filo sets stage for near-term copper production

    January 3, 2018 by Canadian Mining Journal

    VANCOUVER — Filo Mining (TSXV: FIL) is targeting production within five years at its flagship Filo del Sol copper-gold-silver project in the northern Chile-Argentina border region. The company was spun-out of Lukas Lundin’s NGEx Resources (TSX: NGQ; US-OTC: NGQRF) in mid-2016. Filo released a

  • News

    SILVER: Pan Am Silver says capex for La Morocha at Joaquin is reasonable US$37.8M

    December 21, 2017 by Canadian Mining Journal

    ARGENTINA – Pan American Silver of Vancouver has completed the prefeasibility study for the La Morocha silver deposit, part of the Joaquin project in Santa Cruz province. The study recommends a 600-t/d underground mine. The ore will be trucked to

  • News

    EQUIPMENT: Finning secures contract for Lundin’s Candelaria

    December 21, 2017 by Canadian Mining Journal

    CHILE –  Finning International of Vancouver announced last week that its South American operation has been awarded a multi-year mining contract by Lundin Mining Corp. to deliver new equipment and product support to the Candelaria copper mining complex in the

  • Pan American Silver confirms ‘minor’ tailings spill at Huaron in Peru

    December 20, 2017 by Canadian Mining Journal

    Pan American Silver (TSX: PAA; NASDAQ: PAAS) has confirmed that a small tailings spill at its Huaron underground mine in central Peru, first reported in the local press, occurred earlier this week. “The Huaron mine experienced an unintended release of tailings

  • News

    MILLING: GE to supply harmonic filter for Southern Copper mill expansion

    December 5, 2017 by Canadian Mining Journal

    PERU – GE Power was chosen by Southern Copper Corp. (SCC) to provide the harmonic filter for its Toquepala concentrator located in southern Tacna. The filter will be integrated into the copper concentrator’s power system to improve the power quality.