21 October 2010

MEXICO/COLOMBIA: Record Prices Feed New Latin American Gold Rush.

REUTERS/ By Mica Rosenberg and Diana Delgado /
      "Mining companies are ramping up gold exploration in Latin America as areas before seen as risky, like southern Mexico and Colombia, are now glittering with new projects as precious metals prices soar."
      AND:"... the rebound has been quick in mining-friendly countries like Mexico, Chile, Peru and Argentina. The region won 26 percent of global exploration investment last year, the largest slice since 2001.
      "Latin America is the No. 1 spot for junior companies to be exploring. They have a long mining history ... and geologically it's very prospective ground," said Brent Cook, a U.S.-based independent mining analyst."