Canadian Mining Journal

South America

  • News

    GOLD: Iamgold files 43-101 report for Rosebel mine

    September 6, 2017 by Canadian Mining Journal

    SURINAME – Toronto’s Iamgold Corp. has filed a 43-101 report detailing an updated resource estimate for its Rosebel gold mine. Contained gold in proven and probable reserves increased 80% to 3.7 million oz. at the end of June 2017. The

  • LEAD-ZINC: Trevali buys African property portfolio from Glencore

    August 31, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has agreed to pay US$417.9 million for Glencore’s portfolio of zinc assets in Africa. The deal includes an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in

  • MINING: Brazilian judge blocks decree to mine in reserve

    August 31, 2017 by Canadian Mining Journal

    RIO DE JANEIRO – It seems the plan to open up a 42,000-km2 area of the Amazon Basin to exploration and mining has stumbled into a roadblock. Wednesday a federal judge signed an order preventing the plan. The court suspended

  • News

    MINING: Brazil tweaks rules for Amazon mineral development

    August 29, 2017 by Canadian Mining Journal

    RIO DE JANEIRO – Faced with overwhelming criticism from lawmakers and environmentalists, the government of Brazil plans to revise the rules for opening up a vast reserve in the Amazon Basin to exploration and mining. The prior decree will be

  • News

    MINING: Brazil opens large part of Amazon reserve to exploration, mining

    August 28, 2017 by Canadian Mining Journal

    RIO DE JANEIRO – Last week Brazilian president Michel Temer opened up 46,000-km2 area in the National Reserve of Copper and Associates (Renca) to exploration and mining. The protected status of an area straddling the northern states of Amapa and

  • News

    GOLD: Reunion to raise $15M for projects in French Guiana

    August 23, 2017 by Canadian Mining Journal

    FRENCH GUIANA – Reunion Gold Corp. of Longueuil, Que., wants to raise $15 million for work at tis gold projects in this country. The company is making a non-brokered private placement consisting of units priced at $0.13 each. Each unit

  • News

    COPPER: BHP pledges $2.5B for Spence mine growth

    August 17, 2017 by Canadian Mining Journal

    CHILE – BHP of Melbourne, Australia, has committed US$2.46 billion to expand the Spence open pit, heap leach copper mine in the northern part of the company. The mine is operated by Minera Spence, a wholly owned subsidiary of BHP.

  • News

    Killing of contractors casts pall over Continental’s Buritica project in Colombia

    August 17, 2017 by Canadian Mining Journal

    Over the last year, Continental Gold (TSX: CNL; US-OTC: CGOOF) has had a series of successes in Colombia. It received the final environmental permit for its Buritica gold project in November 2016, and in May, closed private placements with Newmont Mining (NYSE: NEM) and

  • News

    Trek sets stage for near term restart at Aurizona

    August 10, 2017 by Canadian Mining Journal

    VANCOUVER — Trek Mining (TSXV: TREK) is on track to revive its flagship Aurizona gold mine in northwestern Brazil. On July 31, the company unveiled a re-imagined feasibility study (FS), modeling a $131-million redevelopment plan that would result in “first gold pour”

  • News

    Red Eagle grapples with ground conditions at San Ramon

    August 9, 2017 by Canadian Mining Journal

    VANCOUVER — Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan. The company has been struggling with

  • News

    POTASH: Mosaic to acquire Vale’s fertilizer business including Kronau project in Canada

    August 2, 2017 by Canadian Mining Journal

    SASKATCHEWAN – A Brazilian regulator has approved the sale by Vale SA of its fertilizer division to Mosaic Company of  Plymouth, Minn. The deal includes Vale’s Kronau potash project in this province. Mosaic is paying US$2.5 billion for the project

  • News

    Great Panther buys Nyrstar’s Coricancha

    July 31, 2017 by Canadian Mining Journal

    Junior silver miner Great Panther Silver (TSX: GPR; NYSE: GPL) has acquired Belgian smelting giant Nyrstar’s idled Coricancha gold-silver-lead-zinc-copper mine and mill complex, 90 km east of Lima, Peru. The 600-t/d underground mine, which has been under care and maintenance since 2013, could