Category: Latin America

Wheaton Acquires Stream From Cozamin Mine

Wheaton Precious Metals Corp. has entered into a streaming agreement with Capstone Mining Corp. regarding the Cozamin mine located in Zacatecas, Mexico. Wheaton will pay Capstone upfront cash consideration of $150 million upon...

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Vale Invests in Renewable Energy

Vale plans to begin the Sol do Cerrado project, a solar power generation project in Jaíba, Minas Gerais, Brazil. The project involves the construction of a photovoltaic plant, including 17 sub-parks that add an installed...

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Capstone Reports Lowest Quarterly Costs for Cozamin

In its third-quarter 2020 earning report, Capstone said its copper production totaled 38.5 million pounds (lb) of copper, despite planned downtime at Pinto Valley to complete the majority of PV3 Optimization Phase 1 upgrades, at...

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Regional Lockdown in Argentina Affects San Jose Mine

Hochschild Mining plc announced that a significant increase in COVID-19 infections in Argentina’s Santa Cruz province has resulted in a temporary lockdown of various mines. The company’s San Jose operation has been mandated to...

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Four Points Will Become Soma Gold Subsidiary

Soma Gold Corp. has entered into an agreement with two Mineral FF SAS and Rulvix Holding Inc. to purchase 25,992 common shares in Four Points Mining SAS. As a result of the agreement, Four Points will become a 100% owned...

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Gran Colombia Ramps Up Gold Production

Gran Colombia Gold produced a total of 20,644 ounces (oz) of gold in August, 14% more than the previous month. Gran Colombia, which has several underground mines and two processing plants in operation at its Segovia and Marmato...

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Apollo to Acquire Concessions in El Indio Gold Belt

Apollo Gold Corp. has received a report in respect of the Apolo and Sancarron concessions in Chile. As announced on April 2, the company agreed to option the concessions from Lithium Chile Inc. and Compania Minera Kairos Chile...

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Reunion Gold Resumes Exploration Activities

Reunion Gold Corp. announced the restart of field work at some of its gold exploration projects in Guyana and French Guiana. Activities for the remainder of 2020 are focused on advancing exploration at the Aremu North, Oko West...

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Equinox Planning Underground Mine at Aurizona

Equinox Gold has reported results from a positive preliminary economic assessment (PEA) of development of an underground mine at the company’s Arizona gold mine in Maranhão state, northeast Brazil. The mine would operate...

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