Update: Chilean copper producer buys controlling stake in Explorator Chile
Vancouver – Explorator Resources (EXO-V) is selling a 51% stake in its Chilean subsidiary, Explorator Chile, to int…
South America
Fortuna silver production on the rise
After increasing silver production by 85% in 2008 Fortuna Silver Mines (FVI-V) is planning to keep the trend going …
Serra Pelada Returns Colossal Results
Drilling at the site of Brazil’s epic 1980s gold rush at Serra Pelada is yielding spectacular results for joint-venture partners Colossus Minerals (CSI-T, COLUF-O) and Coomigasp, a 45,000-strong co-op…
B2Gold Advances Gramalote
With the latest results from more than 30,000 metres worth of diamond drilling at its Gramalote gold property in Colombia in hand, B2Gold (BTO-T, BGLPF-O) is expecting to release a resource estimate s…
Pan American Ups Production, Reins In Spending
VANCOUVER –Despite cutting its workforce by about 500 employees, reining in spending on exploration and mine development and announcing the imminent closure of its Quiruvilca mine in Peru, Pan Americ…
New CEO Not Looking To Transform Barrick
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.
Chilean copper producer buys controlling stake in Explorator Chile
Vancouver – Explorator Resources (EXO-V) is selling a 51% stake in its Chilean subsidiary, Explorator Chile, to int…
U308 Corp. reports initial uranium resource in Guyana
Canadian uranium explorer U308 Corp. (UWE-V) believes Guyana’s Roraima Basin may one day play a significant ro…
Rusoro extends deadline for Gold Reserve offer
Less than 3% of Gold Reserve’s (GRZ-T) shares have been tendered so far in Rusoro Mining’s (RML-V) hostile takeover…
Regent takes reins at Barrick
It is not every day that the world’s largest gold company changes leaders at the helm, but such a rare day occurr…
Andina Riding High At Volcan
SITE VISIT COPIAPO, CHILE — Using its US$19 million in working capital, Andina Minerals (ADM-V, ADMNF-O) is moving forward on its advanced Volcan gold-sulphur exploration project here, high in the…
Healthy Potash Price Can’t Stop The Layoffs
Gold, uranium and potash have been the three bright spots for the mining sector through what has been a historically bleak period.