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Milling and housing facilities Sociedad Minera Corona's Yauricocha silver-copper-lead-zinc mine in Peru. Photo by Dia Bras Exploration

Lima connections help Dia Bras acquire Yauricocha mine

Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…




ARMZ cuts bid price for Mantra

With Japan’s unfolding nuclear disaster scaring many investors – and some governments – away from uranium, Russia’s Atomredmetzoloto (ARMZ) has come back with a more modest offer to buy Australia’s Mantra Resources (MRL-T, MRU-A) and its Mkuju…




Staff log core at Gold Canyon Resources' Springhole gold project in the Red Lake region of northwestern Ontario. Photo by Gold Canyon Resources

Gold Canyon hits long gold intercept

Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy time for markets as it struck a significant amount of gold near Red Lake, Ont. 







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