Canadian Mining Journal


South America


  • 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

  • MERGER: Eldorado, Integra shareholders approve combination

    July 10, 2017 by Canadian Mining Journal

    VANCOUVER – Eldorado Gold and Integra Gold jointly announced on July 10 that their respective shareholders had approved the arrangement between the two companies, as has the Supreme Court of British Columbia. Integra will become a wholly owned subsidiary of

  • News

    AWARD: Ross Beaty receives Order of Canada

    July 10, 2017 by Canadian Mining Journal

    OTTAWA – Mining magnate and philanthropist Ross Beaty is among the 99 prominent Canadians awarded membership in the 2017 Order of Canada. The award shows that mining and environmentalism are not necessarily incompatible. Beaty, the founder and chairman of Pan American

  • IRON ORE: Samarco restart delayed into 2018

    July 4, 2017 by Canadian Mining Journal

    BRAZIL – BHP Billiton of Australia has approved a total of US$250 million in financial support for the Samarco iron ore clean up through the end of this year. The company says operations are unlikely to restart this year. Samarco

  • 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