Candente Resource (DNT-V), a Vancouver-based junior focused on grassroots mineral exploration in Peru, has acquired the rights to a 100% interest in the Canariaco copper property in return for US$75,0…
GeoNova gains Bachelor Lake mineUnder the terms of a previously announced agreement, GeoNova Explorations (GNE-M) has acquired the Bachelor Lake gold-mining complex and related assets in northwestern …
Black Hawk Mining (BHK-T) has liquidated its put options to repay a debt owed to Standard Bank. The miner had the right to sell 81,000 oz. at US$261 per oz.The puts were bought in early 2000 to cover …
Halifax-based Gammon Lake Resources (GAM-T) will perform underground exploration drilling on the Belen structure at its Ocampo gold-silver property in Mexico’s Chihuahua state.Belen is an extension of…
Vancouver-based South Atlantic Resources (SCQ-V) has sold its Coromandel diamond project to Black Swan Resources (BSW-T) for US$1.4 million, payable over four years.Black Swan has other alluvial diamo…
Denver — Southern Peru Copper (PCU-N) has raised US$400 million to finance modifications to the Ilo smelter, expansion of the Toquepala copper mine and construction of leaching circuits at the Cuajon…
Denver — The world’s largest producer of copper, Corporacion Nacional del Cobre de Chile (Codelco), is scrambling to stay on top of the game following a recent spate of mergers.The Chilean state-owne…
Gold exploration in Venezeula is a shadow of what it was in the late 1980s, but several juniors, including Crystallex International (KRY-T), remain active in the region.Crystallex recently secured con…
Denver — Brazil’s iron-ore giant Companhia Vale do Rio Doce (RIO-N) has sold its interest in steelmaker Companhia Siderurgica Nacional (SID-N) in order to focus on its mining and transportation busin…
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
The report period April 9-12 was encouraging for base metals markets, based on strong rallies in nickel, which saw its average cash price gain 5.2%, and aluminum, which gained 1.8%. Both markets were …
Denver — Idaho Consolidated Metals (IDO-V) expects to begin its first round of drilling on the Stillwater complex in southwestern Montana.The junior, which owns 110 sq. km adjacent to the platinum pa…
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