Intierra Spotlight: In search of the next Andean

GOLDCORP announced last week it had agreed to buy Andean Resources for $C3.6 billion ($A3.8 billion). Andean is a good Australian-made story, based on a life-of-mine cash cost of $US198, one of the top discoveries of the past decade. So, is there another Andean out there?

Andean has completed a bankable feasibility study and recently raised $235 million.

The project has reserves of two million ounces of gold, which are expected to rise as drilling continues.