Uranium Explorers Discover Peru
Nuclear power is back in fashion, and with it, so is Peru’s uranium wealth.
South America
U3O8 Explores Guyana’s Remote Interior
It’s been more than 20 years since anyone’s gone looking for uranium in Guyana, but after a lot of digging around for uranium indoors, Toronto-based U3O8 (UWE-V, UTREF-O) has recently begun a 2,500-me…
Why Chubut’s Treasures May Stay Buried
Santiago, Chile — The windswept steppes of Chubut in southern Argentina hide some of the country’s most promising deposits of minerals, including gold, silver and uranium. But local opposition to min…
Wealth Eyes Argentina’s Uranium Riches
Vancouver — Wealth Minerals (WML-V, WMLLF-O) believes its Diamante-Los Patos uranium property in northwestern Argentina could lead to proverbial riches in the form of a potential large-tonnage, near-…
Aura to Acquire Brazilian Project
Vancouver — Aura Gold (ORA-T, AUGIF-O) is expanding its asset base in Brazil by acquiring an advanced copper-gold project in a $293-million all-stock deal that transfers control of the junior to the …
Gold Reserve does the job in Venezuela
Having recently attained the environmental permit for its Brisas copper-gold project in Venezuela, Gold Reserve (GRZ-T, GRZ-X) has reminded the world that mining projects operated by foreign companies…
Venezuela greenlights Brisas
The Venezuelan Ministry of Environment has approved the Environmental and Social Impact Assessment (ESIA) for the exploitation and processing of gold and copper mineralization at Gold Reserve’s (GRZ-T…
Copper executives forecast another windfall year
Santiago, Chile — The average copper price is expected to average over US$3 a lb. in 2007 due to continued strong demand from China and Asia and the inability of producers to quickly increase supply,…
Dynacor to dabble in energy
Dynacor Mines (DYN-T, MSDRF-O) has signed a joint-venture agreement with two hydroelectricity companies to ensure it will have enough power to run its Huaura tungsten mill using two old hydro plants o…
Gold Reserve gets the job done in Venezuela
With the attainment of its environmental permit for its Brisas copper and gold project in Venezuela last week, Gold…
International PBX to step up moly-copper drilling in Chile
Vancouver With Sprott Asset Management on board, International PBX Ventures (PBX-V) is ready to step up its expl…
Lundin enters hot nickel market with Rio Narcea bid
Vancouver Aiming to add nickel to its metal production mix, Lundin Mining (LUN-T, LMC-X) is snapping up Rio Narce…