Canadian Mining Journal

South America

  • 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

  • News

    Cordoba CEO discusses next steps at San Matias, JV with Friedland’s HPX

    January 17, 2017 by Canadian Mining Journal

    VANCOUVER — It’s early days for Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) at the San Matias copper-gold property 200 km north of Medellin, Colombia, but there’s already excitement building around its discovery prospects. The company has demonstrated enough grade potential across the 260 sq.

  • News

    Great Panther to buy Coricancha from Nyrstar

    January 9, 2017 by Canadian Mining Journal

    VANCOUVER — Junior silver miner Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) has struck a deal with Nyrstar to acquire the European smelting giant’s shuttered Coricancha polymetallic mine complex, 90 km by road east of Lima, Peru. Great Panther wants to bring the 600-tonne-per-day

  • News

    SAFETY: Metso receives two safety awards in Chile

    December 22, 2016 by Canadian Mining Journal

    CHILE – Metso Corporation, the Finnish supplier of mineral processing and material handling products, has been recognized with two awards for its proactive and dedicated efforts in occupational safety. One of the awards was presented to Metso for its outstanding

  • FERTILIZERS: Mosaic to buy Vale’s fertilizer business

    December 20, 2016 by Canadian Mining Journal

    PLYMOUTH, MN – The Mosaic Company has announced plans to purchase Vale SA’s fertilizer business for US$2.5 billion. Mosaic is offering US$1.25 billion in cash and the other half through the issuance of 42.3 million shares to Vale. With an

  • News

    GOLD: Lundin signs agreement for Fruta del Norte development

    December 15, 2016 by Canadian Mining Journal

    ECUADOR – Lundin Gold of Vancouver says it has signed the exploitation agreement covering its Fruta del Norte (FDN) gold project. The signing followed the approval of the FDN environmental impact study and the issuance of an environmental licence in