Sinchao loses mineral resources at Peru copper-gold project

For Sinchao Metals Corp, the bad news is that its Peruvian copper-gold project, located 30 km from Newmont Mining’s giant Yanacocha mine, has been stripped of its mineral resources. The good news? The TSX V-listed firm’s imminent merger with...

McEwen Mining gold, silver output dip

TSX- and NYSE-listed McEwen Mining on Wednesday said first-quarter production at the San Jose mine totalled 1.36-million ounces of silver and 20 357 oz of gold – down from production in the same period last year. The San Jose mine, in which...

McEwen holds 33% of treasury in gold and silver

McEwen Mining, the product of the January fusion of US Gold and Minera Andes, said on Thursday its San Jose mine in Argentina produced 1.45-million ounces of silver and 20 934 oz of gold in the fourth quarter. The TSX- and NYSE-listed firm also...

Salazar's high-grade copper-zinc project attracts Lundin, Silvercorp

Toronto-based Lundin Mining has bought a 15.4% stake in Salazar Resources, which owns copper-zinc properties in Ecuador, after taking up over 80% of the units on offer in a $3-million equity financing. Silvercorp, the Vancouver-domiciled,...

Plethora of precious metals entrants leaves some vulnerable, says McEwen

Prepare for more mergers and acquisitions in the precious metals space as a flood of new entrants leaves some of them suffering from market neglect, Rob McEwen, who merged two miners to form McEwen Mining said this week. The midtier and senior...

Maricunga mine, Chile

A Kinross-operated mine situated in Chile.

Peru's left scorns Humala for backing Newmont mine

Foes of the biggest mining investment in Peruvian history accused President Ollanta Humala on Thursday of abandoning his leftist roots to support Newmont's proposed $4.8-billion Conga gold mine. Harsh words from local leaders in the Andean region...

Los Bronces copper expansion project, Chile

Anglo American has reported the delivery of first copper production on schedule from the Los Bronces expansion project.

Quimsacocha mine, Ecuador

A gold mine located in the Azuay province.

Macusani eyes central plant for Peru uranium deposits

Peru-focused uranium junior Macusani Yellocake aims to release a preliminary economic assessment in the first quarter of next year for building a four-million pound a year project in the south-eastern part of the country, CEO Peter Hooper said...

Antamina mine, Peru

A copper-zinc mine, situated in Peru.

Collahuasi copper mine expansion project, Chile

The expansion project will create the world’s second-largest copper mine after the Escondida mine, also located in Chile.