Boss Power wins $30M settlement from BC Government
Vancouver – Boss Power (BPU-V) has made $30-million from a uranium prospect without drilling a single hole.
2011
Panoro’s big dreams for Cotabambas
Vancouver -In the northern reaches of south-central Peru’s Andahuaylas-Yauri belt, 50 km southwest of Cusco, three drill rigs are turning at Panoro Minerals’ (PML-V) Cotabambas copper-gold-porphyry project, where the company hopes to delineate…
ATAC reveals a Tiger but the market waits for Nadaleen
ATAC Resources (ATC-V) has submitted a maiden resource estimate, and while it doesn’t come from the zone that investors are most interested in, it still shows a promising deposit. The resource estimate comes out of the Tiger deposit, which sits…
Agnico-Eagle shuts down and writes off Goldex mine
Vancouver – In a significant blow to its bottom line, Agnico-Eagle Mines (AEM-T, AEM-N) has been forced to indefinitely shut down and write off its Goldex gold mine in Val d’Or Quebec due to the instability of the mine.
Short Position Report
TSX Short Positions Short positions outstanding at Oct. 15/11 (with changes from Sept….
Patagonia Gold digs into southern Argentina
Goldcorp.’s (G-T, GG-N) $3.6 billion acquisition last year of Andean Resources and its Cerro Negro deposit in Santa Cruz province may have showcased Argentina as a key gold producing region. But Patagonia Gold (PGD-L) had been working in the…
Carpathian hit with construction stoppage in Brazil
Vancouver – Carpathian Gold (CPN-T) has been forced to abruptly halt construction at its Riacho dos Machados gold project on environmental grounds barely a month after the Brazilian government approved the project.
Concordia looks to build on Argentinean assets
Being part of the team that unearthed one of the world’s great copper-gold deposits in Oyu Tolgoi hasn’t left Ed Flood to rest on his laurels. The founding president and former deputy chair of Ivanhoe Mines (IVN-N, IVN-T) is now throwing his…
Malaga makes headway in the Andes
Before Montreal-based Malaga Inc. (MLG-T, MLGAF-O) took over the Pasto Bueno mine in 2005, private owners in Peru had turned out nearly six million tonnes of tungsten–or 42,000 tonnes of tungsten concentrate–from just five veins they had…
New Gold goes all-in at Blackwater
Vancouver – New Gold (NGD-T, NGD-N) has put pen to paper with two B.C.-focused junior gold explorers holding land near the company’s most recent acquisition, the Blackwater gold-silver project, located 150 km southwest of Prince George.
Candente Copper a possible takeover?
Candente Copper’s (dnt-t) sizeable Canariaco Norte copper-gold deposit in northern Peru has been receiving a lot of buzz lately, with a few analysts tipping the project off as a possible takeover target.
TSX comes back to life
The TSX Composite Index came back to life for the holiday shortened Oct. 11-14 period and finished 235 points higher than where it began at 12,081.73 points. The positive swing came as fears surrounding the European debt crisis subsided – for…