Miners are benefiting from continued global economic growth and generally higher metals prices, but poor exploration results indicate the recovery will be slow, according to S&P's Chris Hinde.
Geologist Felipe Matthews, who is leading attempts to reach the two miners trapped at Mandalay Resources' Cerro Bayo gold-silver operation, appears to rule out the possibility of finding them alive after finding mud at an underground refuge.
Four Canadian exploration companies provide operating updates on their projects in Argentina, Mexico and Chile.
The state miner, called Eniminas, will be involved in exploration, mining and forming alliances with miners in the country.
Newmont Mining, which developed Latin America's largest gold mine in Peru, filed plans for a two year drill program at a new gold prospect in the northern Andes.
Companies report exploration results at properties in Mexico and Suriname.
Companies report private placement financings and the award of contracts related to projects in Brazil, Colombia and Argentina.