Rio Narcea Gold Mines Ltd

Central America attracting bigger fish

Encouraging exploration results from Central America, particularly Nicaragua, have attracted at least one big player to a region largely ignored by gold producers in the recent past.



A view of the adit entrance of the Nalunaq high-grade gold mine.

Second batch of Nalunaq ore processed

The second batch of 40,300 tonnes of wet ore (39,500 dry tonnes) from Crew Gold‘s (CRU-T) 82%-owned high-grade Nalunaq mine on the southern tip of Greenland has been processed at the El Valle plant is Spain. El Valle is owned by…




Trucks ferry material to and from the tailings dam construction site.

Rio Narcea in Spanish transition

Traditionally a gold miner, Rio Narcea Gold Mines (RNG-T) might do well to consider a name change now that it’s wrapped up construction of the processing plant at the Aguablanca nickel-copper sulphide project, 80 km northwest of…


Resource sector leads the charge

The Toronto Stock Exchange’s energy index powered the way, gaining 4.7% to reach 186.01 points by the end of the Sept. 15-21 report period, as oil prices rose to month-long highs on supply concerns south of the border. The golds chipped in with a…


Defiance says adios Honduras

Proposed changes in Honduran mining regulations have prompted Defiance Mining (DM-T) to drop its option on the Zopilote gold property, in the western department of Santa Barbara.


Insider Trading (August 23, 2004)

The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…


Rio Narcea eyes Tasiast

With an increasingly hostile 4-way merger battle raging elsewhere, Rio Narcea Gold Mines (RNG-T) and Defiance Mining (DM-T) have tabled plans for a friendly share-swap deal valued at around $52.6 million.


Golds lose steam during holiday week

The report period June 29-July 6 saw reduced activity caused by Canada Day and, south of the border, Independence Day. Gold closed down $9.75 to finish at US$394.50 per oz. in the afternoon of July 6 in London. The gold index was down by 0.04 poin…


Rio Narcea CEO Alberto Lavandeira (right foreground, in checkered shirt) discusses the Salave project with analysts in front of one of two Roman-era open pits that exploited the deposit's mineralized oxide cap.

Rio Narcea sizes up Salave project

Tapia de Casariego, Spain — The Salave project, near the northern coast in Spain’s Asturias province, is western Europe’s largest undeveloped gold project, and Rio Narcea Gold Mines (RNG-T) figures it is just the company to rem…


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