The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude.
Rapidly spreading wildfires in British Columbia disrupted operations at two mining companies and damaged public utilities on Monday as 14,000 people were forced from their homes in the interior of the Western Canadian province.
Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years.