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SOUTH AMERICA Fri 03/09/2010

Bounds far from set in Kangaroo Alley

August 25 - 31, 2010

KANGAROO Alley has been a name coined for an area in northern Chile more formally known as the Inca de Oro gold and copper belt. The nickname came into play earlier this month when Genesis Minerals became the third Australian company with ground in the area, following on from China Yunnan Copper and PanAust, with the latest entrant being another Australian that believes the exploration and discovery opportunities in Chile are as good as anywhere on the planet.

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Mirabela’s rough start

August 18 - 24, 2010

IN THE grand scheme of things the current problems will likely feature as little more than a footnote but there can be no denying Mirabela Nickel has got away to a scratchy start at its Santa Rita nickel project in Brazil.

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Not far from a Maricunga crowd

August 18 - 24, 2010

IT IS getting crowded in the Maricunga gold belt in northern Chile with a number of explorers – including a contingent of Canadians – moving in on the action, which was once dominated by the majors. For junior Laguna Resources, now is the time to grab more tenements as interest in the region increases.

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Golden mountains charm explorers

July 28 - August 3, 2010

BETTER known for murder and marijuana, Colombia is making a name for itself as a possible frontier gold destination. It’s still very early days for this fledgling gold address but explorers and investors alike have been impressed with what they’ve seen thus far.

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Manganese switch a logical move

July 28 - August 3, 2010

WHEN the man who has either managed or helped develop Australia’s three existing manganese mines thinks he’s on to a solid manganese project in Chile, the chances seem good the project will become a profitable producer.

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Mariana maintains momentum

July 7 - 13, 2010

ANDEAN Resources’ completed feasibility study shows the company will produce 285,000 ounces of gold per annum at average cash costs of $US60/oz for the first five years of operations at the $US275 million Cerro Negro project in Argentina, making for a superlative transition from explorer to producer. And broker analysts are still able to see upside.

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Minnow joins giants in Brazil food bowl

June 23 - 29, 2010

ASX-listed phosphate hopeful Newport Mining has significantly increased its Brazilian ground holdings for an exploration venture seeking large sedimentary style deposits in the food basket of South America.

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A continent in waiting

June 2 - 8, 2010

AUSTRALIAN resource companies have been encouraged to head to Central and South America, with a number of very prospective countries on the continent being overlooked by explorers and miners.

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Antioquia's golden glow

May 12 - 18, 2010

LAST MONTH’S successful Toronto Stock Exchange listing of Continental Gold has confirmed the appeal and appetite for Colombian gold among junior explorers and investors. And that likely means more foreign financiers, geologists and suppliers heading to downtown Medellín in Antioquía department, arguably gold central in the country.

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Colombia shock for gold company

April 28 - May 4, 2010

APRIL 27: GREYSTAR Resources shares plummeted 40% Monday after the company revealed that the Colombian Government told it on April 23 that it could not put any mining installations or operations above 3200m elevation at its proposed Angostura gold project.

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Battle looms for Colombia's Frontino Gold Mines

April 14 - 20, 2010

A BATTLE for control of Colombia’s Frontino Gold Mines is on the cards after a workers union rejected the validity of an agreement reached between a government appointed liquidator and a subsidiary of Canada’s Medoro Resources.

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Striking while iron's hot

April 7 - 13, 2010

FRESH from overseeing the takeover of the last iron ore company he headed, the well travelled Ken Hellsten has stepped up to head a junior holding what appears to be a world class iron ore project in Peru.

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Azure allure for OZ

March 9 - 15, 2010

OZ MINERALS has proven itself happy to again step offshore with the joint venture deal it announced this week for ground in Mexico held by ASX junior Azure Minerals. It would also suggest the possibility of a significant M&A deal elsewhere in South America has increased.

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Andean resource boost imminent

March 2 - 8, 2010

ONGOING exploration success continues to highlight Andean Resources’ Cerro Negro project in Argentina as one of the highest quality gold-silver projects on the world gold map.

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Queries over Andean mine approach

February 2 - 8, 2010

INSIGHTS into boom Argentina gold explorer Andean Resources are undoubtedly keenly sought by investors given claims the stock is already trading at a “gold premium” despite being some 2-3 years away from first production.

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Chile project draws blue-sky Laguna

December 7 - 13, 2009

AFTER many years of working in Chile, Laguna Resources managing director Nick Lindsay believes he’s got the contacts and experience to build a significant resource business for the lowly capitalised junior he heads. And it seems he’s off to a promising start with an advanced gold-silver project optioned from Anglo American.

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New La Tortuga drilling underway

September 21 - 27, 2009

BIG target drilling has begun at Azure Minerals’ La Tortuga project in Mexico’s state of Sonora.

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Second Santa Rita monster lurks

September 21 - 27, 2009

THE business end of the development of Mirabela Nickel’s Santa Rita project in Brazil is imminent, with contruction to finish and commissioning to begin at the end of the month.

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Carpathian targets 100,000ozpa Riacho Dos Machos

August 31 - September 6, 2009

IN ONE sense it seems like only yesterday that Carpathian Gold’s proposed acquisition of the Riacho Dos Machos project was announced, and put to a shareholder vote.

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Plant could power faster Casposo start

July 27 - August 2, 2009

DON’T be surprised to see Troy Resources’ recently acquired Casposo gold-silver project in Argentina get into production more quickly and cheaply than expected, with the company also recently boosting resources at the project after taking into account drilling undertaken last year.

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