Australian Foreign Minister, Bob Carr, called local mining companies to look at Latin America as a business destination, as the region was emerging as an important economic powerhouse, hungry for Australian investment.
South African thermal coal producer Continental Coal is seeking to augment its coal assets with a property in Colombia. The ASX and AIM-listed company (ASX:CCC; AIM:COOL) said yesterday it has entered into a JV agreement to acquire a 50% interest …
Over the past decade, mining investment in Latin America has more than doubled, even after experiencing a sharp drop in 2009. According to a report by the Metals Economic Group, Latin America is now the primary destination for mining exploration investment in the world, with 25% of total investment going to Chile, Peru, Brazil, Colombia, Mexico and Argentina.
Brazilian tycoon Eike Batista just got richer. CCX, a division of the billionaire’s EBX Group energy arm MPX, announced it has completed a study of coal reserves in the San Juan underground mines in Colombia, discovering a 672 million tons reserve, the fifth largest coal deposit in the world.
Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX-V: CLB)(ECRTF.PK)(EAT) is pleased to announce two additional areas of anomalous gold were defined by the latest soil sample results, bringing the total to four large porphyry targets at the Arabia Porphyry Gold-Copper Complex, Antioquia Province,Colombia.
Once tinted by drug cartels and civil war, Colombia is now one of Latin America’s fastest growing markets and, according to the World Bank, the most secure country in the region in which to do business. Since yesterday, the country also has a new national mining agency, which is already looking for foreign investments to expand existing production and explore areas where rich deposits of key resources are suspected.
Colombia’s leading coal producers are increasing investments dramatically to improve and expand their ports, in what is considered a key move for rising coal production in the country to 120 million tons within by 2014.
Rio Novo Gold Inc. (TSX:RN)(TSX:RN.WT) ("Rio Novo" or the "Company") announces that a National Instrument 43-101 compliant technical report in support of the Preliminary Economic Assessment ("PEA") of its Almas Gold Project ("Almas Project") has been filed on SEDAR (www.sedar.com).
The mining boom that Colombia is experiencing has driven a group of Australian firms to visit the South American country and explore what the country has to offer in terms of mining for foreign investors.
1,300 exhibitors, 5,000 new products, 35 countries represented, 70,000 visitors and nearly $1.7 billion in future business is the result of ExpoMin 2012, the world mining congress held April 9 to 13 in Santiago, Chile.
Rio NovoGold Inc. (TSX:RN.TO – News)(TSX:RN-WT.TO – News) ("Rio Novo" or the "Company") is pleased to announce that drilling has started at its 100%-owned Toldafria Gold Project, in Colombia.
Impressed by Colombia as a country and as a setting for exciting mining and geological opportunities, Paul Harris relocated from England, by way of Chile, and hasn't looked back. In an exclusive interview with The Gold Report, the publisher of the Colombia Gold Letter offers hope for the near future.
Knight Piésold Consulting, an international engineering and environmental consulting company, is pleased to announce the appointment of Mr. Andrew Markle as Regional Manager of Knight Piésold Consultores S.A.S., Knight Piésold’s operations in Colombia.
It’s Ecuador and Colombia next for Chilean copper giant Codelco, as the company proceeds with plans to become more international by exploring mining opportunities in neighbouring countries.
Colombian authorities say they have recovered the bodies of all nine victims of a coal mine collapse.
Continental Gold (TSX: CNL) stocks were up almost 8% to C$7.97 this morning as the company reported drilling and underground sampling results from its Buriticá gold-silver project in Antioquia state, Colombia.
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.
Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines" or "the Company") is pleased to announce that, subject to regulatory approval, Teck Resources Limited ("Teck") and the Company have entered into an agreement with a value of $15,500,000 to Colombian Mines and its shareholders.
Colombia’s President, Juan Manuel Santos, announced yesterday that the country will be issuing a new mining code to boost the industry and reinforce control of illegal mining.
Gold mining in Colombia is shining bright as major gold players are expected to invest U.S. $ 2,100 million by 2015, reports local newspaper La Republica.
AngloGold Ashanti posted record full-year adjusted headline earnings* of $1.3bn and boosted its dividend to further improve cash returns to shareholders.
Antioquia Gold Inc. ("Antioquia Gold" or the "Company") (TSX VENTURE:AGD)(OTCQX:AGDFX) reports that the Company continues to expand the size of the Guaico deposit by extending the mineralization of the main Guaico vein to depth and delineating and finding new gold-bearing veins in the footwall and hanging wall of the main Guaico vein.
Continental Gold Limited ("Continental" or the "Company") (TSX:CNL) is pleased to announce results for nine diamond drill-holes from the Company's ongoing program at its 100%-owned Buritica Project in Antioquia, Colombia.
CB Gold was up 4.24% to $1.23 a share on Wednesday after announcing drilling results at its Vetas Gold project in Colombia.
IBTimes reported the Eco Oro Minerals (TSX:GSL) found high-grade silver and gold at its Colombia-based Angostura project.
Mid-tier gold producer IAMGOLD (TSE:IMG) has purchased a 14% stake in Colombia Crest Gold Corp. (CVE:CLB) for $3.4 million. Stock in Colombia Crest Gold shot up 9.43% on the news. The private placement follows IAMGOLD's earlier investments in Tolima Gold Corp., a junior miner, and Bellhaven Copper & Gold (CVE:BHV).
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.