Canadian Mining Journal

South America

  • News

    GOLD: Barrick sells half of Veladero to Chinese for $960M

    April 6, 2017 by Canadian Mining Journal

    TORONTO – Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million,

  • News

    GOLD-SILVER: Orvana makes first commercial doré shipment from Don Mario

    March 29, 2017 by Canadian Mining Journal

    BOLIVIA – Orvana Minerals Corp. of Toronto has made the first commercial shipment of gold-silver doré made since the carbon-in-leach circuit was recommissioned at its Don Mario copper-gold-silver mine in Santa Cruz state. The shipment comprised 11 bars containing about

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

    March 28, 2017 by Canadian Mining Journal

    CHILE – Vancouver-based Goldcorp is buying 50% of the Cerro Casale gold-copper project in the Maricunga district and will form a 50:50 joint venture with Barrick Gold of Toronto. Goldcorp is buying out the 25% interest belonging to Kinross Gold

  • News

    Keith Barron of Fruta del Norte fame is back in Ecuador with Aurania Resources

    March 28, 2017 by Canadian Mining Journal

    The remarkable story of Aurelian Resources and its discovery of Fruta del Norte – a blind gold deposit the company’s geologists found in the Cordillera del Condor in southeastern Ecuador – is one for the history books. The narrative begins

  • News

    Everton Resources starts drill program in the Dominican Republic

    March 15, 2017 by Canadian Mining Journal

    Two of the three concessions Everton Resources (TSXV: EVR) has in the Dominican Republic are adjacent to the massive Pueblo Viejo open pit gold mine, jointly owned by Barrick Gold (TSX: ABX; NSYE: ABX) (60%) and Goldcorp (TSX: G; NYSE: GG) (40%). But it was Agnico Eagle

  • News

    ZINC: Trevali secures position among world producers

    March 14, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has launched itself into the ranks of global zinc producers with its purchase of interests in two producing mines in Africa. The company is picking up an 80% interest in the Rosh Pinah mine in

  • News

    Goldcorp unveils five-year growth plan

    February 23, 2017 by Canadian Mining Journal

    Goldcorp (TSX: G; NYSE: GG) has outlined an ambitious five-year growth plan, targeting a 20% increase in both gold reserves and annual production and a 20% reduction in all-in sustaining costs, after spending 2016 restructuring its business, strengthening its management team

  • News

    GOLD: Lundin awards Fruta underground development contract

    February 22, 2017 by Canadian Mining Journal

    ECUADOR – Vancouver-based Lundin Gold has awarded the underground development contract for the Fruta del Norte gold project to a pair of South American companies – Ingenierie y Construcciones Mas Errazuriz Limitada y Filiales of Chile and Sevilla y Matinez

  • SUSTAINABILITY: Botswana adopts MAC’s Towards Sustainable Mining initiative

    February 14, 2017 by Canadian Mining Journal

    BOTSWANA – The Botswana Chamber of Mines (BCM) announced on Feb. 14 that it will adopt the Towards Sustainable Mining® (TSM) initiative, a corporate social responsibility program developed by the Mining Association of Canada (MAC) to improve environmental and social practices in the mining industry.

  • News

    GOLD: New Gold signs El Morro streaming deal with Goldcorp

    February 8, 2017 by Canadian Mining Journal

    TORONTO and VANCOUVER – New Gold has agreed to sell its 4% gold stream from the El Morro deposit to Goldcorp for $65 million in cash. The El Morro deposit is part of NuevaUnion project, a 50:50 joint venture of

  • News

    LITHIUM: Neo Lithium raises $20M for Tres Quebradas

    January 30, 2017 by Canadian Mining Journal

    ARGENTINA –  Toronto-based Neo Lithium Corp. has entered into a $20-million bought deal financing with Sprott Capital Partners. Neo Lithium will issue 18.18 million units at a price of $1.10 per unit. Each unit will be comprised of one common

  • News

    Gold tallies 4M oz gold at Cangrejos in Ecuador

    January 30, 2017 by Canadian Mining Journal

    Lumina Gold (TSXV: LUM) has carved out an initial 4 million oz of gold at its Cangrejos project in the Andean foothills of southwestern Ecuador’s El Oro province, and mineralization in the deposit remains open to the northwest, south and to