South America



Barrick bids for Equinox (April 25, 2011)

The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…


Peregrine Metals' Altar porphyry copper-gold deposit in Argentina's San Juan province. Photo by Peregrine Metals

Peregrine Metals is on the move

With the war for talent heating up in the mining industry, it was something of a coup for junior Peregrine Metals (PGM-T) to snag as its new president Richard Leclerc – a seasoned mining veteran who, over his 29-year career, has been a key…





Ross Beaty closes in on 10 for 10

Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…





Greystar shuffles management to appease unhappy investors

Vancouver – After being forced back to the drawing board last month in the face of major environmental opposition to its proposed heap-leach open-pit Angostura gold mine in Colombia, Vancouver-based Greystar Resources (gsl-t, gsl-l) has agreed…


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