News

Water scarcity, pollution to take shine off Latin American mining sector

By analyst By Cecilia Jamasmie Water supply concerns and pollution in Latin America will drive increasingly strict environmental regulations in the region over the coming years, which in turn will also make miners’ life more difficult, a report by BMI Research shows. According to the analysts, in addition to raising costs for mining companies and

Water scarcity, pollution to take shine off Latin American mining sector Read More »

Barrick Gold becomes third major to head to the Yukon in the past 12 months

By analyst By Michael Allan McCrae Yukon gold junior ATAC Resources will receive an $8.3 million investment from Barrick Gold as well as other investments. Announced yesterday, Barrick is investing in ATAC’s Rackla Gold Property. ATAC says totals investments by Barrick could add up $63.3 million, which includes a private placement of $8.3 million and

Barrick Gold becomes third major to head to the Yukon in the past 12 months Read More »

Gran Colombia Gold goes after the South American nation in $700 million lawsuit

By analyst By Cecilia Jamasmie Canada’s Gran Colombia Gold (TSE:GCM) is suing the government of Colombia for forcing the company to halt operations at its Marmato project until further consultation with locals has been conducted. The Toronto-based company, which acquired the project when it merged with Medoro in 2011, is seeking $700 million in compensations

Gran Colombia Gold goes after the South American nation in $700 million lawsuit Read More »