Mining policy, Venezuelan style (November 17, 2008)
Falling oil prices and the global credit crisis are fuelling Venezuela’s descent towards the lowest rungs on the ladder of investor confidence.
South America
Editorial: Moly meltdown shakes things up
The spectre of a global recession continued to grow and shape-shift during the week ended Nov. 8, the 45th trading week of 2008, laying its dead hand onto more industrial players, including automakers…
Apex out, Sumitomo in at San Cristobal
Apex Silver Mines (SIL-X) is selling its stake in the massive San Cristobal zinc and silver mine to Japan-based Sum…
Explorator’s El Espino en route to upgrade
Vancouver – Drilling destined to update the resource estimate for Explorator Resources’ (EXO-V) El Espino pro…
Mining policy, Venezuelan style (November 10, 2008)
Vale slashes iron ore production, trims nickel output
Saying that it is “adjusting to the new global economic scenario,” iron ore giant Vale (RIO-n) is dramatically scaling back its iron ore mining in Brazil in order to cope with an estimated 20% product…
Three on board missing plane in Guyana (November 10, 2008)
A plane contracted to do an airborne geophysical survey for U3O8 Corp. (UWE-V, UTREF-o) went missing during the afternoon of Nov. 1 in the Amazon jungle in Guyana.
U3O8 to focus on Aricheng South
Drill results from U3O8 Corp.’ s (UWE-V, UTREF-o) Aricheng South uranium zone, in Guyana, have confirmed the continuity of mineralized shoots in the host structure.
Carmen JV returns more gold and copper
Vancouver — The final 10 holes from this year’s drilling campaign at the Carmen target on the Inca de Oro Sur property, a joint venture between Anaconda Mining (ANX-T, ANXGF-o) and Minera Penoles de …
Iamgold reports record revenues for Q3
With lots of cash in its coffers after a strong third quarter, Iamgold (IMG-T, IAG-N) president and CEO Joseph Conw…
Final days for Crystallex?
If reports out of Venezuela are accurate, Crystallex International’s (KRY-T) long saga in the country may be coming…
Three on board missing plane in Guyana (November 03, 2008)
A plane contracted to do an airborne geophysical survey for U3O8 Corp. (UWE-V) went missing during the afternoon on…