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Eric Sprott invests C$15 million in Gran Colombia

28.11.2019


Gran Colombia Gold says Eric Sprott will invest C$15 million in the company that has two producing mines in Colombia. The company will issue approximately 3.3 million units at a price of C$4.60 per unit. The price represents a 4% discount to the five-day volume weighted average for the period ended Oct. 29, 2019. Each…



Chinese mining contractor & EPC services provider JCHX takes stake in Colombia’s Cordoba Minerals

27.11.2019


Cordoba Minerals Corp has announced that Chinese mining contractor and EPC major JCHX Mining Management Co Ltd (JCHX) has agreed to make a strategic investment in the company, acquiring a 19.9% stake in Cordoba to advance the San Matias copper-gold-silver project in Colombia. Under the terms of the strategic cooperation and investment agreement signed on…



Rugby Mining Initiates Field Work in Bucaramanga Region, Colombia

26.11.2019


Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to announce that field work is underway on its prospective Pastora and El Playon gold concession applications near Bucaramanga, Colombia. Rugby geological teams have recently been conducting detailed ground proofing of strong geochemical anomalies delineated on Pastora and El Playon. This work program commenced…



The US and CIA’s covert intervention in Bolivia

21.11.2019


It will be sufficient to read Eduardo Galeano’s “Open Veins of Latin America” to understand why Bolivia’s state President Eva Morales resigned. Like Hugo Chavez, he too had taken steps aimed at changing his country’s fate. He strove for 14 years in office as president with all his might to increase the level of welfare…



Chile´s mining industry operating normally despite violent protests: minister

19.11.2019


Chile´s mining industry was running as normal despite the violent protests that have rocked the capital, Santiago, and other cities across the world´s top copper producer, Mining Minister Baldo Prokurica said on Sunday. The protests over an increase in public transport costs prompted President Sebastian Pinera to reverse the fare hikes and declare a state…



Chile economic activity growth 3% amid sluggish mining performance


Chile’s economic activity rose 3.0% in September from the same month a year ago, the central bank said on Monday, bolstered by rises in the construction and service sectors even as expansion in its key mining industry remained sluggish. The IMACEC economic activity index encompasses about 90 percent of the economy tallied in gross domestic…



Peru lets Southern Copper keep building $1.4bn Tia Maria mine

12.11.2019


The Peruvian government confirmed on Wednesday it had given Southern Copper (NYSE: SCCO) permission to resume construction at its $1.4 billion Tia Maria project, in the southern Islay province of the Arequipa region. The world’s fifth largest copper producer by output had to cancel work in August, after authorities suspended the construction licence to evaluate…



Bear Creek de-risks Corani silver project in Peru

09.11.2019


Bear Creek Mining (TSXV: BCM) announced that it has completed a  review of the 2017 NI 43-101 Technical Report entitled Corani Project  Detailed Engineering Phase 1 (FEED) for the Corani silver, lead, zinc  deposit in Peru. In a press release, Bear Creek said that the objectives of the review  were to reduce typical construction, development…



Camino intensifies fieldwork at Chapitos project in Peru

06.11.2019


Camino Minerals (TSXV: COR) announced it is updating and extending by two years the Declaración de Impacto Ambiental (DIA – Environmental Impact Assessment) permit spanning the Atajo zone on its 22,000-hectare Chapitos copper-gold project in southern Peru. In a media statement, Camino’s CEO John Williamson said that by extending the permit, the company will be…



Peru lets Southern Copper keep building $1.4bn Tia Maria mine

01.11.2019


The Peruvian government confirmed on Wednesday it had given Southern Copper (NYSE: SCCO) permission to resume construction at its $1.4 billion Tia Maria project, in the southern Islay province of the Arequipa region. The world’s fifth largest copper producer by output had to cancel work in August, after authorities suspended the construction licence to evaluate…



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