News

Afcan (AFK-T) has bought the 47% interest it did not already own in the Mt. Kakoulima nickel-sulphide project in Guinea, West Africa, from Semafo (SMF-T).

Idaho-based Coeur d’Alene Mines (CDE-N) has approved construction of a US$135-million mine at its San Bartolom silver project, near Potosi, Bolivia.

Mid-tier base metals producer LionOre Mining International (LIM-T) will move to a compulsory acquisition of Australian nickel producer MPI Mines after almost 95% of MPI’s shares were tendered to its takeover offer.

A deal between Compania de Minas Buenaventura (BVN-N) and Rio Narcea Gold (RNG-T) will see the Peruvian company earn a 51% interest in Rio Narcea’s Santa Marina property in northwestern Spain.

Vancouver — With a construction licence in hand, the Cameco joint venture is starting to develop the long-awaited Cigar Lake uranium project in Saskatchewan’s Athabasca Basin.

Overburden sampling by Intrepid Minerals (IAU-T) has revealed indicator minerals for sulphide deposits on the Isurtuq property on southeastern Baffin Island.

Vancouver — Diamond drilling has uncovered three types of mineralization on Tyler Resources (TYS-V) 95%-owned Bahuerachi project in Chihuahua state, Mexico.

Vancouver — IMA Exploration (IMR-V) has confirmed silver in trenching at the Loma De La Plata zone, part of the Navidad project in the Patagonia region of Argentina.

The following insider trading transactions were reported by the Ontario Securities Commission in recent editions of the OSC Bulletin:…