Sulliden drops Shahuindo suit against Century
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Exploration (SUE-T, EXSDF-O) over a disputed property in Peru has finally come to an end.
South America
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…
Reserves still on the rise at Pallancata
VANCOUVER–For the second time in five months, International Minerals (IMZ-T, IMZLF-O) and Hochschild Mining (HCHDF-O, HOC-L) have proved up a significant reserve and resource boost at their Pallancat…
Iamgold bids for royalty collector Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources (EUR-T, EUR-E), a Paris-based company focused on precious metal royalties.
Gold Reserve rebuffs Rusoro’s advance (September 08, 2008)
VANCOUVER–With a letter to Gold Reserve (GRZ-T, GRZ-X) suggesting a friendly merger, Rusoro Mining (RML-V, RMLFF-O) made another move in its gamble to pull most if not all of Venezuela’s major mining…
Bear Creek boosts Santa Ana silver (September 05, 2008)
Vancouver – A new resource estimate for Bear Creek Mining’s (BCM-V) Santa Ana silver deposit in southern Peru has a…
Century and Sulliden call it quits; abandon all litigation
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Explorati…
San Jose expansion drilling hits high grade
Vancouver – Expansion drilling at the San Jose gold-silver mine in southern Argentina is returning high-grade hits …
Kinross gets shareholder approval from Aurelian
Kinross Gold’s (K-T, KGC-N) $870 million bid is enough for Aurelian Resources (ARU-T) shareholders, clearing the wa…
New World Resource banks on Bolivian brine
New World Resource (NW-V) is betting that future demand for hybrid electric vehicles and portable electronic device…
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
International Beryllium funds nuclear fuel research (August 29, 2008)
International Beryllium (IB-V) has agreed to fund a two-year, US$500,000 research project by Purdue University in W…