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Cardero Resource drills through the sand and dune cover at its Pampa de Pongo iron deposit, in southern Peru. The company has been offered US$200 million for the project by Nanjinzhao Group, a private enterprise from China.

Cardero offered US$200M for Pampa de Pongo

Vancouver — In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T, CDY-x) saw its share price jump almost 30% on news that a Chinese group wants to bu…


Noront, Rosseau settle ahead of proxy battle

Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…



A worker lays the foundations for the mill at Infinito Gold's Crucitas gold project in Costa Rica. Environmental concerns at the project have forced the company to stop construction.

Elusive green macaw stops Infinito for now

Construction at Infinito Gold’s (IG-V, IGFFF-o) Crucitas gold mine has stopped and Costa Rican President Oscar Arias and Environment Minister Roberto Dobles have found themselves in the hot seat for s…


Iamgold says Ecuador nearing new mining law

Iamgold (IMG-T, IAG-n) says Ecuador’s recent referendum, in which 63.9% of all voters supported a new constitution bodes well for a new mining law in the country. The referendum included the mandate t…


A mineralized cliff face at Romios Gold Resources' Trek property in the Galore Creek area of B. C., 300 km northwest of Smithers. Hole 1 of the cliff-face outcrop intercepted 32 metres grading 2.06% copper, 1.05 grams gold per tonne and 26.01 grams silver starting 148 metres down-hole.

Trek to Galore Creek worth the effort for Romios

Vancouver — The first hole Romios Gold Resources (RG-V, RMIOF-o) drilled at its Trek property in the Galore Creek area of B. C., about 300 km northwest of Smithers, has also proven to be a copper-gol…




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