Issue link: http://resourceworld.uberflip.com/i/198816
in their jointly-owned Pallancata silver mine and for the Inmaculada gold-silver development project in Peru. International Minerals' non-Peruvian assets and liabilities will be transferred into a SpinCo at the closing. Pallancata produced just over 1.92 million oz silver and 7,581 oz gold for the quarter ending June 2013. Kinross Gold Corp. [K-TSX; KGC-NYSE] has three gold mines in South America: Paracatu, in Brazil, and Maricunga and La Coipa in Chile. The company is also advancing the Lobo-Marte and Cerro Casale projects in Chile. For Q2 2013, the company's South American division recorded an output of 217,516 gold equivalent (eq.) ounces compared with 215,373 gold eq. ounces in Q2 2012. The company also expects to suspend mining of the existing ore body at La Coipa in Q4 2013. Latin American Minerals Inc. [LAT-TSXV; LATNF-OTCQX] holds the Paso Yobai gold project that hosts the Independencia pilot operation. Bulk sampling activity is underway, with H1 sales 14 www.resourceworld.com recorded at 819 oz gold and 226 oz silver for pre-commercial production gross revenue of just below $1.22 million. The company also holds the Itapoty diamond project and the Chiriguelo niobium-rare earth project in Paraguay, and the Tendal zinc-copper property in Argentina. Mandalay Resources Corp. [MNDTSX] announced an update on September 30 for exploration work undertaken between January 1 August 30 at its Cerro Bayo silver-gold mine in Aysen, Chile. Various campaigns were undertaken, involving resource extension and infill drilling that will support an updated resource estimate planned for end-2013. Saleable output at the mine in Q2 was just below 922,000 oz silver and 6,167 oz gold compared with just below 815,000 oz silver and 5,093 oz gold in Q2 2012. Mirasol Resources Ltd. [MRZ-TSXV; M8R-Frankfurt] is a prospect generator with a suite of plays in south Argentina and north Chile. On September 18, the company announced it had signed a binding letter of agreement with First Quantum Minerals Ltd. [FM-TSX; FQMLondon], allowing the latter to earn up to 75% in Mirasol's copper-gold Rubi property in Chile through the various stages of project development, including 65% that will be earned on completion of a PEA. Orvana Minerals Corp. [ORV-TSX] announced on August 15 that wage negotiations with workers at its Don Mario upper mineralized zone open-pit mine in Bolivia were successfully completed. The company experienced "intermittent work disruptions" during the wage negotiations that are mandatory under Bolivian law. The disruptions ceased in late July. For the third quarter ending June 2013, Orvana reported 3,672 oz gold produced at Don Mario compared with 2,424 oz gold in the previous quarter. Pan American Silver Corp. [PAA-TSX; PAAS-NASDAQ] operates the Huaron and Morococha silver mines (92.2% ownership) in Peru; the San Vicente silver-zinc mine in Bolivia; and the Manantial silver- november 2013