Category: Latin America

Anglo American Earning Into Luminex Project

Luminex Resources has signed a formal earn-in and joint-venture agreement with a subsidiary of the Anglo American relating to Luminex’s Pegasus A, Pegasus B, and Luz concessions in Ecuador. Anglo American has the right to earn a...

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Freeport Earning Into Ricardo Project in Chile

Minera Ricardo Resources, a wholly-owned subsidiary of Solaris Copper, has entered into a definitive earn-in option agreement with Minera Freeport-McMoRan South America with respect to the Ricardo copper-molybdenum project in...

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Spence Expansion Was Officially Inaugurated

The week of October 18, the Chilean Minister of Economy José Ramón Valente visited the Spence mine to officially inaugurate the recently announced expansion, which will create more than 3,000 jobs during construction. The nearly...

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Tahoe Deals With Local Issues in Latin America

As tension rises in Guatemala, Tahoe Resources still has no resolution for the mining permit for the Escobal mine. The company said the country’s Constitutional Court held a press conference recently to explain why it reversed...

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Equinox Gold Spins Out Copper Assets

Equinox Gold has formed a new company, Solaris Copper, to house its interests in three projects in Latin America: its Warintza copper-molybdenum project in Ecuador, its 60% interest in the La Verde copper-silver project in...

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PEA Supports Lumina’s Cangrejos Project in Ecuador

Lumina Gold has reported the results of the preliminary economic assessment (PEA) of its 100% owned Cangrejos gold-copper project in southwest Ecuador, just 40 kilometers (km) from the commercial port of Puerto Bolivar. The PEA...

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Mitsubishi Increases Stake in Quellaveco

Anglo American has agreed to Mitsubishi Corp.’s proposed $600 million acquisition of a 21.9% equity interest in Anglo American Quellaveco S.A., which owns the Quellaveco copper project in Peru. Mitsubishi already holds an 18.1%...

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Sierra Studying Expansion at Cusi Silver Mine

Sierra Metals has reported the results of a preliminary economic assessment (PEA) of a major expansion of production at its Cusi silver mine in Chihuahua state, Mexico. The PEA supports expansion from a current mine operating...

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Leagold Completes Acquisition of Brio Gold

Leagold Mining Corp. announced the completion of its acquisition of Brio Gold Inc. Peter Marrone, chairman and CEO of Yamana Gold Inc., has been appointed to the Leagold Board of Directors. At closing, Yamana became Leagold’s...

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