Lago Dourado just weeks away from drill results
At thirty-four, Forbes Gemmell is likely one of the younger chief executives of a publicly listed mining company.
South America
Extorre hits new high-grade zone at Cerro Morro
Vancouver – A new high-grade discovery at Extorre Gold Mines’ (XG-T, XG-X) Cerro Morro project in southern Argentina has propelled its share price to an all-time high.
Capstone bids $725 million for Far West, partners with KORES
Vancouver – Capstone Mining (CS-T) has made a $725 million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on Korean partner KORES to front the cash.
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…
Gold Fields and Iamgold finally cut deal on Tarkwa
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and with an eye towards that end the company is buying out Iamgold (IMG-T, IAG-N) from a project in Ghana. Gold Fields announced it has a deal in place…
Fortuna Silver increases reserves, earnings
Vancouver – Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings with extensive exploration planned for the year ahead.
Beaty closes in on 10/10
Vancouver – 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…
Peregrine Metals attracts attention
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 the course of his 29-year career has…
Malbex climbs as new zone is defined
All it took was the results from one drill hole and Malbex Resources’ (MBG-V) shares started running in the right direction.
Continental climbs on high-grade hits
Recent results from Continental Gold’s (CNL-T) Buritica gold project in Colombia add further support to the notion that the company has a significant project on it hands.
Buddy Doyle leads Amarillo Gold
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in Canada’s Arctic led Buddy Doyle and his exploration teams at Rio Tinto (RIO-N, RIO-L) to the two biggest discoveries of his career: the 30-million-oz. Minifie…
Mirabela raising US$375M
Australia-based Mirabela Nickel (MNB-T, MBN-A) plans to raise US$375 million in senior notes to pay debt, end its hedges and continue ramping up its sizable Santa Rita nickel mine in eastern Brazil.