Canadian Mining Journal

South America

  • News

    GOLD: Toronto miner Amarillo allowed to stay in Brazil

    December 12, 2018 by MINING.COM Staff

    BRAZIL – Management at Amarillo Gold Corp. is relieved after the company received approval from the Brazilian Mining National Agency for a three-year extension of its mining concessions for the Posse gold deposit, also known as the Mara Rosa gold

  • News

    GOLD-SILVER: Newcrest options Cornerstone’s Miocene property

    December 10, 2018 by Northern Miner Staff

    CHILE – Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote

  • News

    LITHIUM: International Lithium estimates 25-year mine life at Mariana JV with new study

    December 6, 2018 by Northern Miner Staff

    ARGENTINA – International Lithium could produce 10,000 tonnes of lithium carbonate equivalent per year over a 25-year mine life at its Mariana lithium brine project, according to a recent preliminary economic assessment. It could also produce 84,000 t/y sulphate of potash.

  • COPPER-LEAD-ZINC: Government rejects Sierra Metals’ tailings EIA for Yauricocha expansion

    December 5, 2018 by Canadian Mining Journal

    PERU – SENACE, the Peruvian National Environmental Certification Service, has rejected Toronto-based Sierra Metals’ environmental impact assessment for the expansion of the tailings management facility at the Yauricocha polymetallic mine in the Yauyos province.   Sierra Metals has 15 business

  • News

    COPPER: Teck chooses Sumitomo to develop Chilean project in $1.2B deal

    December 4, 2018 by MINING.COM Staff

    CHILE – Teck Resources, Canada’s largest diversified miner, has chosen Japan’s Sumitomo as partner to go ahead with a planned $4.8 billion expansion of the Quebrada Blanca copper mine in northern Chile. Sumitomo Metal Mining and Sumitomo Corporation will pay $1.2 billion to Teck

  • News

    GOLD-COPPER: Loma Larga feasibility looks promising, says INV Metals

    November 29, 2018 by Canadian Mining Journal

    ECUADOR – Toronto-based INV Metals is in receipt of a positive feasibility study for its 100% owned Loma Larga gold-copper-silver project 30 km southwest of Cuenca. The study examines an underground mine and 3,000-t/d mill that will produce gold-pyrite and

  • Arbitration court awards South American Silver US$28M for Bolivian concession

    November 29, 2018 by Canadian Mining Journal

    The Hague-based Permanent Court of Arbitration has awarded South American Silver US$18.7 million for amounts invested and another US$9 million in interest for its Malku Khota concession, which the Bolivian government revoked in 2012. The company, now owned by TriMetals Mining (TSX:

  • News

    GOLD: Construction update for Continental’s Buritica project

    November 27, 2018 by Canadian Mining Journal

    COLUMBIA – Toronto-based Continental Gold says its Buritica gold project in Antioquia is on schedule. The first gold pour will take place in the first half of 2020, followed by a six-month ramp-up period. The company reports that construction is

  • Pan American to buy Tahoe for US$1B in controversial offer

    November 27, 2018 by Canadian Mining Journal

    Pan American Silver’s (TSX: PAAS; NASDAQ: PAAS) friendly acquisition of Tahoe Resources (TSX: THO; NYSE: TAHO) in a cash-and-share deal valued at US$1.07 billion will double the company’s silver reserves and create the largest publicly traded silver mining company by free float.

  • COPPER: Peru stops miners from exploring Rainbow Mountain tourist area

    November 27, 2018 by MINING.COM Staff

    PERU – Clashes between tourism and mining are not rare in Peru, a country peppered with historic and touristic sites that’s also the world’s second-largest producer of copper, zinc and silver. But in the case of Rainbow Mountain, those in

  • News

    TIN-ZINC: Tinka boosts resource at Ayawilca in Peru

    November 27, 2018 by Northern Miner Staff

    PERU – Additional drilling at its 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from a maiden resource estimate in 2015, Tinka Resources says. The carbonate replacement

  • News

    COPPER-IRON-GOLD: Capstone updates feasibility for Santo Domingo

    November 26, 2018 by Canadian Mining Journal

    CHILE – Capstone Mining Corp. of Vancouver has updated the feasibility study for the  Santo Domingo iron oxide-copper-gold (IOCG) development project in the Atacama desert. Capstone holds a 70% interest, and Korea Resources Corp. holds the balance. The updated feasibility