Canadian Mining Journal

South America

  • News

    GOLD: Newmont’s Merian mine hits 1 million ounce milestone

    October 25, 2018 by Canadian Mining Journal

    SURINAME – Two years after commercial production began in October 2016, Newmont Mining’s Merian mine in Suriname has poured one million ounces of gold. Newmont Suriname – a subsidiary of the Colorado-based company – owns 75% of the mine and Suriname’s

  • News

    EMERALDS: First ever all female mining team launched by Fura Gems

    October 24, 2018 by Canadian Mining Journal

    COLOMBIA – There is a myth among Colombian emerald miners that if a women entered the mine, the green gems would hide. FURA Gems is challenging that idea at its Coscuez emerald mine. Columbian women have traditionally been barred from

  • News

    Amarillo updates prefeasibility at Mara Rosa, aims for 2020 construction

    October 24, 2018 by Canadian Mining Journal

    Amarillo Gold recently tabled an updated prefeasibility study (PFS) for the Posse gold deposit on its 100%-owned Mara Rosa gold project in the state of Goias in Brazil. The study raises the project’s after tax net present value (NPV) and after

  • MERGER: Glass Lewis likes Barrick-Randgold combo

    October 23, 2018 by Canadian Mining Journal

    TORONTO – A second independent proxy advisory firm, Glass Lewis, has recommended that shareholders of Barrick Gold and Randgold Resources for the proposed merger of the two companies. The recommendation from Glass Lewis comes in addition to an earlier report

  • News

    PUMPS: GIW introduces safer solution for automated maintenance

    October 22, 2018 by Canadian Mining Journal

    GEORGIA – GIW Industries recently announced the Remotely Adjusted Mechanical Suction Liner (RAMSL) product enhancement for the GIW Minerals MDX Pump. The RAMSL is the next phase of a continuous improvement plan between GIW and Escondida, the largest copper mine

  • News

    GOLD: Chilean court orders Barrick to close Pascua-Lama permanently

    October 15, 2018 by Canadian Mining Journal

    CHILE – Last week the Chilean environmental court ordered Toronto-based Barrick Gold to permanently close its Pascua-Lama gold project that lies within the country. The company was told in January 2018 to close the project and fined US$11.5 million by

  • GOLD: Court rules against Kinross mine in Chile

    October 11, 2018 by Canadian Mining Journal

    CHILE – The supreme court of Chile has maintained the closure of the water pumping wells at the Maricunga gold mine owned by Toronto’s Kinross Gold. This is the latest chapter in a long dispute between the company and the

  • News

    Three Continental Gold geologists killed in Colombia

    October 1, 2018 by Canadian Mining Journal

    Three exploration geologists working on Continental Gold’s (TSX: CNL; US-OTC: CGOOF) Berlin project in Colombia were killed during an attack on their residence in the middle of the night. The residence houses exploration geologists and contractors working on the project and is

  • GOLD: Barrick to buy Randgold creating $18B company

    September 24, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold has made an all-share offer worth US$6 billion for Randgold Resources. The merger, subject to the approval of both companies’ shareholders, will create an industry leading gold miner with a combined market cap of US$18 billion.

  • News

    GOLD: Lundin cuts AISC estimate to $583 per oz at Fruta

    September 19, 2018 by Canadian Mining Journal

    ECUADOR – Vancouver-based Lundin Gold has updated all aspects of the Fruta del Norte gold project in the Cordillera del Condor region. One of the best aspects of the review is that the all-in sustaining cost has been trimmed to

  • News

    Panoro to drill new zone at Cotabambas in Peru’s Apurimac region

    September 10, 2018 by Canadian Mining Journal

    Now that Peru has approved Panoro Minerals’ (TSXV: PML; US-OTC: POROF) request for an expanded environmental impact assessment at its Cotabambas copper project in southern Peru’s Apurimac region, the company can start drilling Cluster 2 — a target it’s spent two

  • News

    SILVER-GOLD: Tahoe’s Escobal mine remains suspended by court order

    September 4, 2018 by Canadian Mining Journal

    GUATEMALA – Guatemala’s highest court has ordered that Tahoe Resources’ Escobal silver-gold mine remain suspended. The decision reaffirms a lower court decision from July 2017 to halt work at Escobal and the Juan Bosco exploration licence because of what locals