Mediterranean Resources Ltd

TSX posts gains, Mar. 3-7

Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…


Toronto Stock Exchange, Dec. 27-Jan. 3

An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…




Mediterranean’s Ecclestone sees money in antimony

Mediterranean Resources (MNR-T) is best known for advancing gold deposits in northeastern Turkey, but the junior also has its eye on the antimony market. This week it picked up two past-producing deposits of the metal in Spain and has plans to…



Happier days at Mediterranean Resources' Corak property in northeastern Turkey in 2007, from left: Peter Guest, then president and CEO; Ibrahim Guney, then and current general manager of Mediterranean's Turkish subsidiary Akdeniz Resources Madencilik; and Jag Sandhu, then vice-president of corporate development. Photo by Photo by John Cumming

Mediterranean shareholders force management shake-up

Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…


BY JOHN CUMMINGAt Mediterranean Resources' Tac property in Turkey, looking south from Karsibayir Tepe to the T-6 Valley and Sezai Ridge gold zones in the right foreground. To the left is the Coruh River valley, which is slated to be flooded above the road level in order to generate power at a planned dam, 18 km downstream.

Mediterranean develops gold-copper belt in Turkey

SITE VISIT Yusufeli, Turkey — Have you ever wondered what happened to Vancouver’s Manhattan Minerals after its high-profile implosion in early 2004 at the Tambo Grande project in Peru, where…



Exmin pours gold at Moris

Vancouver — Exmin Resources (EXM-V, EXMFF-O) has officially entered the producer’s league following the first gold pour from its 30%-owned Moris mine in western Chihuahua state, Mexico.



Trucks unload copper ore into a crusher at the Cerro Verde mine in Peru.

Reward outweighs risk in Peru’s mining sector

Vancouver — Peru’s mineral potential is as attractive as ever, but newly imposed royalties and recent mine-site protests have created an undercurrent of political risk that appears to be softening th…


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