Apogee’s La Solucion Mine Goes Under
Declining metal prices and lower grades combined with higher smelting costs and taxes have forced Apogee Minerals (APE-V, AGEEF-O) to close its La Solucion silver- zinc-lead mine north of La Paz in Bo…
South America
Drilling confirms trench samples at StrataGold’s Purple Heart
StrataGold (SGV-T) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results f…
Candente Resource completes PEA for Canariaco Norte
A long-awaited preliminary economic assessment of the Canariaco Norte project in Peru may bring Candente Resource (…
Bad notes delay Norsemont payment
The frozen asset backed commercial paper market continues to effect miners as Norsemont Mining (NOM-T) announced it…
Luna ends drill program with strong results
Luna Gold (LGC-V) struck upon some promising results at its Cachoeira gold project in northeastern Brazil as it wra…
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
Iberian: Five years in reserves at Condestable
Vancouver – Iberian Minerals (IZN-V) has added 30% more contained copper to its proven and probable reserves at the…
Guyana Goldfields to team up with Aranka Gold
As the global economy cools down, deal flow in the junior sector seems to be heating up.
Aguila showing size potential for Duran Ventures
Vancouver – Drilling efforts at the Aguila copper-molybdenum prospect in Ancash, Peru, are starting to define a siz…
BHP reduces manganese production, adjusts iron production
BHP Billiton (BHP-N, BLT-L), the world’s largest mining company, has approved a capacity expansion at its iro…
Silver Standard and Esperanza boost San Luis resource
Vancouver – For Silver Standard Resources (SSO-T) and Esperanza Silver (EPZ-V), joint-venture partners at the San L…
Ecuador making mining-friendly noises
Ecuador’s Council of External Commerce and Investment has approved a resolution to eliminate import tariffs on a range mining equipment, Corriente Resources (CTQ-T, ETQ-x) says.