Rusoro Mining goes after Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says an unsolicited take-over bid for Gold Reserve (GRZ-T, GRZ-x) offers a “co…
South America
Vale Scales Back
As the world economy continues to unravel, Vale (RIO-N) is closing its Copper Cliff South nickel mine in Sudbury, Ont., suspending its Voisey’s Bay nickel operations in Labrador for a month next July,…
Aguila Showing Size Potential For Duran Ventures
Vancouver — Drilling efforts at the Aguila copper-molybdenum prospect in Ancash, Peru, are starting to define a sizable zone for owner Duran Ventures (DRV-V, DUVNF-O).
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…
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…