Canadian Mining Journal

South America

  • News

    GOLD: Barrick and Shandong complete Veladero joint venture

    July 4, 2017 by Canadian Mining Journal

    ARGENTINA – Barrick Gold of Toronto and Chinese partner Shandong Gold Mining have completed the formation of a 50:50 joint venture for the Veladero gold mine in the country’s San Juan province. Shandong paid US$960 million for its share of

  • News

    GOLD-COPPER: Barrick, Goldcorp set up Cerro Casale JV

    June 12, 2017 by Canadian Mining Journal

    CHILE – Toronto’s Barrick Gold and Vancouver’s Goldcorp have created a 50:50 joint venture that includes the Cerro Casale and Quebrada Seca gold-copper exploration projects in the Maricunga district. Kinross Gold of Toronto sold its 25% share in the properties

  • News

    Five reasons diamond stocks have been dragging

    June 12, 2017 by Canadian Mining Journal

    In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC), Gem Diamonds (LSE: GEMD), Lucara Diamond (TSX: LUC), Stornoway Diamond(TSX: SWY), Firestone Diamonds (LSE: FDI), and Mountain Province Diamonds (TSX: MPV, NASDAQ: MPVD) was up

  • GOLD: Lundin begins construction at Fruta del Norte project

    May 30, 2017 by Canadian Mining Journal

    ECUADOR – Lundin Gold of Vancouver has begun construction of the mine development support facilities at its Fruta del Norte gold project in the Cordillera del Condor region. The feasibility study filed in June 2016 has been updated to include

  • GOLD: Eldorado offers $590M for Integra

    May 15, 2017 by Canadian Mining Journal

    VANCOUVER – Eldorado Gold and Integra Gold have struck a deal by which the former will acquire all of the issued and outstanding shares of the latter. The cash and shares arrangement values Integra at $590 million. Shareholders of Integra

  • News

    Ecuador snapshot: 10 active companies

    May 15, 2017 by Canadian Mining Journal

    VANCOUVER — The Ecuadorian government restructured its mining and tax policies in 2014 in a bid to bring back foreign investment that had fled the country in previous years. The move has spurred a resurgence of mineral exploration and development

  • News

    GOLD: Yamana raises $80M through sale of Brio shares

    May 11, 2017 by Canadian Mining Journal

    TORONTO – Yamana Gold of Toronto has raised $80 million through the sale of approximately 22.67 million shares in Brio Gold at a price of $3.00 per share. The shares were purchased by a syndicate of underwriters co-led by Canaccord

  • News

    Golden Arrow teams up with Silver Standard in Argentina

    May 9, 2017 by Canadian Mining Journal

    Golden Arrow Resources (TSXV: GRG; OTCQB: GARWF) has jumped from an explorer to a silver producer in Argentina in a fairytale-esque way. It will receive a 25% stake in Silver Standard Resources’ (TSX: SSO; NASDAQ: SSRI) producing Pirquitas mine, take home a

  • News

    GOLD: Barrick announces $500M upgrades at Veladero

    April 26, 2017 by Canadian Mining Journal

    ARGENTINA – Barrick Gold said it will be making US$500-million worth of upgrades at the Veladero gold project 320 km 320 km northwest of the city of San Juan. The announcement was made on April 25, 2017, by COO Richard

  • News

    Filo Mining pursues PEA at its Filo del Sol copper-gold project

    April 12, 2017 by Canadian Mining Journal

    Filo Mining (TSXV: FIL) was spun out of Lukas Lundin’s NGEx Resources (TSX: NGQ; US-OTC: NGQRF) in mid-2016 to highlight the Filo del Sol copper-gold property that straddles the Chile-Argentina border, 140 km southeast of the city of Copiapo, Chile. The Atacama region is

  • News

    Tinka surges on zinc discovery in Peru

    April 11, 2017 by Canadian Mining Journal

    VANCOUVER — Explorer Tinka Resources (TSXV: TK) has made a high grade discovery at its Ayawilca zinc-silver property, 300 km east of Lima, Peru, in what it calls the “best adjacent mineralized holes ever drilled” at the project. Tinka has been working on

  • News

    GOLD: Red Eagle declares commercial production at San Ramon

    April 10, 2017 by Canadian Mining Journal

    COLUMBIA – Red Eagle Mining Corp. of Vancouver has declared commercial production at its San Ramon gold mine 5 km southeast of Santa Rose de Osos. The initial gold pour was made in November 2016. The mill is complete and