Toronto-based Santa Cruz Gold (SCG-T) is selling its suspended Lluvia de Oro gold mine in Mexico’s Sonora state.The company is to receive US$120,000 in cash from the unnamed buyer and will remove itse…
Peru’s mining industry will get a major shot in the arm this spring when Barrick Gold (ABX-T) officially opens its Pierina mine in the department of Ancash, 185 miles north of Lima.The valley-fill, he…
High American Gold (HIAM-C) has completed two diamond holes at its Oesteroche property in northwestern Argentina.The holes were sunk near a tourmaline breccia pipe following the recovery of soil and r…
Achieving cost competitiveness will be the key to success for western coal producers currently struggling to survive declining prices and weak demand brought about by the global economic crisis.That w…
Even as Anglogold (AU-N) digests its recent acquisition of Minorco’s assets, the world’s largest gold producer is looking toward expansion in South America.Anglogold was formed last June through the m…
The government of Cuba has approved a proposal by MacDonald Mines Exploration (MMP-A) to step up its exploration for gold on the island nation.Over the past four years, the company has identified 36 t…
The similarities to Nevada-style sediment-hosted, bulktonnage gold deposits were compelling enough for Aquest Minerals (AQU-V) to acquire a privately-held Guatemalan mining company whose key assets in…
Partners Morgain Minerals (MGM-V) and Columbia Metals (COML-C) are continuing to explore for polymetallic minerals at their San Francisco property in Mexico’s Sonora state.San Francisco produced gold …
With the help of the World Bank, Argentina has compiled detailed geologic maps and ore deposit models on a CD-ROM, which is available to anyone interested in mineral exploration in that country.The CD…
Minera Andes (MAI-A) has resumed drilling at the Huevos Verdes vein system on the El Pluma-Cerro Saavedra silver-gold property in southern Argentina.To date, the company has drilled 10 reverse-circula…
International and Canadian aid agencies are attempting to invigorate Bolivia’s beleaguered economy.The International Monetary Fund has designated the nation “heavily indebted,” paving the way for a gr…
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