Argentina

Extorre looks to high-grade open pits to fund Cerro Moro development

Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.

TNR Gold receives third party proposal and provides Los Azules project update

TNR Gold Corp. (the "Company") (TSX VENTURE:TNR.V – News) has received an unsolicited proposal from a third party to merge with TNR and to acquire TNR's wholly owned subsidiary Compania Minera Solitario Argentina S.A. ("Solitario"). The Company has called a meeting of the TNR Board of Directors to determine whether the proposal is sufficiently attractive to commence exclusive negotiations with the third party, and also to consider its other strategic alternatives.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 11, 2012) – TNR Gold Corp. (the "Company") (TSX VENTURE:TNR) has received an unsolicited proposal from a third party to merge with TNR and to acquire TNR's wholly owned subsidiary Compania Min…

Argentina's Parliament approves YPF takeover bill, irritating mayor foreign investors

Argentina's Congress voted 208-32 to move forward with a bill giving President Cristina Kirchner the green light to seize a 51% stake in the country's largest oil and gas producer, YPF SA from Spain's Repsol YPF SA.

Barrick makes investors day by hiking dividend 33%

Barrick Gold Corp. (TSX:ABX) increased its quarterly dividend by 33%, as the company announced Wednesday a 3% increase in its first-quarter profit.

Argentina's Supreme court demands environmental reports used to approve Barrick's Pascua Lama

The Argentine supreme court has ordered the national and the San Juan provincial governments to submit the environmental reports that were used to approve Canadian miner Barrick Gold's (NYSE: ABX) bi-national Pascua Lama gold-silver project, a source from the court told BNamericas.

Patagonia Gold on track for gold production target of 200,000 ounces a year by 2015

Patagonia Gold (LON:PGD) (TSX:PAT), an Argentina-focused gold and silver producer, said today it achieved rapid progress in 2011 and is on track towards its goal of producing 200,000 ounces of gold per year by 2015.

YPF nationalization could exacerbate Argentinian economy weakness

The Argentinian government's rush to expropriate control of oil company YPF "contribute to Argentina's deteriorating economic and political links with the international community," Standard & Poor warns.

Vast new copper supplies depressing prices? Don't worry, it's never going to happen

A senior trader in the red metal says “the miners are all lying” about the chances of their projects actually coming on stream.

Argentina Outlook Revised To Negative On Greater Uncertainty On Medium-Term Prospects, ‘B’ Unsolicited Ratings Affirmed

Standard & Poor's Ratings 
Services revised its outlook on the Republic of Argentina to negative from stable. In addition, we affirmed our 'B' unsolicited long- and short-term ratings and our 'raAA' national scale rating on Argentina. At the same time, we affirmed our 'B' transfer and convertibility assessment on Argentina.

Mirasol reports discovery of a new large gold silver vein zone at Claudia Project, Argentina

Mirasol Resources Ltd. (TSX-V: MRZ) (Frankfurt: M8R) ("Mirasol" or "the Company") is pleased to announce discovery of a large new epithermal gold-silver zone at its 100%-owned Claudia project, which adjoins the world class Cerro Vanguardia gold mine, operated by Anglogold Ashanti, in southern Argentina.

Extorre gets 8% bump after announcing preliminary economic assessment

Argentinian gold and silver miner, Extorre Gold Mines (TSX:XG), announced a preliminary economic assessment showing their Cerro Moro gold-silver project producing 848,000 ounces of gold and 47.2 million ounces of silver.

Argentina to establish first protocol on mining social responsibility

The creation of the world’s first national protocol on sustainable and socially responsible mining was discussed at a meeting held in Argentina last week, called by the government of president Cristina Fernandez.

Lithium One announces merger with Galaxy Resources Limited valued at approximately C$112 million

Galaxy has spent the last 18 months searching the world for a high quality, undeveloped lithium brine deposit and we believe Lithium One's Sal de Vida lithium-potash project in Argentina fits that criterion. The Sal de Vida brine chemistry is highly favourable, with high levels of lithium and potash and low levels of magnesium and sulphate impurities.

Lumina steps-up drilling after step-out holes hit more copper, gold, moly in Argentina

Lumina copper hits its longest copper-gold-moly intercept to date and, more importantly, it sees significant mineralization in wide step-out drilling.

La Mancha's measured and indicated resources more than double to 4.8 million ounces of gold equivalent

Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that this appears to only be the beginning, as we are just starting to scratch the potential at our Hassaï property, where nine more VMS targets remain to be explored."

Early-stage investing opportunities: James West and Tobias Tretter

The Midas Letter Opportunity Fund, a new niche fund, focuses on early-stage micro-cap miners in the junior resource sector.

Doug Casey: "It's a dead-man-walking economy"

In an interview with Louis James, the inimitable Doug Casey throws cold water on those celebrating the economic recovery.

Proven and Probable Reserves Grow by 36% at La Mancha's Frog's Leg Mine

La Mancha Resources Inc. (TSX: LMA, hereinafter "La Mancha" or the "Company") is pleased to announce that Proven and Probable gold reserves (the "reserves") at its Australian Frog's Leg mine have increased by 36% following the successful completion of a new upgraded mine plan that incorporates the significant resource increase announced in March 2011.

Powerscreen honours dealer network

Powerscreen, provider of mobile crushing, screening and washing equipment, presented top awards to dealers at World Dealer Conference in Cape Town, South Africa.

McEwen Mining Announces Resource and Reserve Increases at the San Jose Mine in Argentina

McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) is pleased to announce an updated resource and reserve estimate for the San José mine (49%). The San José mine had a great 2011. Not only was it the forth-consecutive year that silver and gold resources continued to grow, but it also was the highest yearly production to date, producing 5.9 million ounces silver and 80,000 ounces gold.

Barrick disputes withdrawal of financing

In a story MINING.com reported last week, Barrick disputes some of the reasons that the U.S. Export-Import Bank (Exim) and Export Development Canada (EDC) no longer appear as backers for the Pascua Lama project.

Latin America leads global mining exploration spending again

Latin America remained the most popular exploration destination, attracting 25% of global explorations spending in 2011, said to the Halifax-based Metals Economics Group's World Exploration Trends report released on Sunday.

Lithium One announces successful short term pumping tests at the Sal De Vida lithium and potash project, Argentina

Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to announce the completion of the short-term pumping test program at the Sal de Vida lithium-potash brine project in Argentina. The program successfully identified multiple regions within the project area that are suitable for future high-yield production well fields.

Coro spreads out payments on Minera San Jorge mine; stock slips 4.25%

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 29, 2012) – Coro Mining Corp. ("Coro" or the "Company") (TSX VENTURE:COP) is pleased to announce that Franco-Nevada Corporation ("Franco Nevada") and the Company have agreed to amend the term…

Yamana books $81 million impairment loss

Despite unbeat quarter with 29% increase in revenues, Yamana also took a $81 million non-cash impairment loss on investments in available-for-sale securities recorded in the quarter.