Diagem thinks pink in Brazil (March 05, 2007)
Vancouver – Junior diamond hunter Diagem (DGM-V, DGMRF-O) has bought a 9.3 carat pink diamond recovered by an artis…
South America
Candente launching feasibility study in Peru
Vancouver – Candente Resources (DNT-T) is launching a study to determine the feasibility of building a US$150 mill…
Codelco strives to modernize
Three decades on from its creation, the Chilean government wants Codelco, the world’s largest copper producer, to operate more like its privately owned rivals. But despite offers, the government is lo…
Jaguar Mining grows with Brazil
SITE VISIT Belo Horozonte, Brazil — It’s a grey day in Minas Gerais — Brazil’s famed mining state — and the row of flags flying over the heads of Jaguar…
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
Meridian’s Minera Florida set to bloom
Meridian Gold (MNG-T, MDG-N), already the largest gold producer in Chile, is planning a major expansion of its new mine in the country.
Aurelian to list on TSX, updates Ecuador progress (March 05, 2007)
Vancouver — Aurelian Resources (ARU-V, AUREF-O) has received conditional approval to list its shares on the Toronto Stock Exchange, a milestone that the company hopes will provide it with greater acc…
Southwestern hits high grade at Boka 1 South
Vancouver — Southwestern Resources (SWG-T, SWGGF-O) says it is on track to deliver a prefeasibility study for its Boka gold project in southwestern China after releasing new drill results from the pr…
Alturas heavy on exploration expertise in more stable Peru
Alturas Minerals (ALT-V) swept into Toronto on Feb. 22 looking to draw the Streets attention to Peru. Last year…
Mena closes $72-million financing
Vancouver – After closing its $72-million brokered private placement, Mena Resources (MEA-V, MEARF-O) stands ready …
Cardero cuts wide copper-gold at Huachi (February 26, 2007)
Vancouver — Initial drilling by Cardero Resource (CDU-T, CDY-X) on its Huachi project in Argentina’s San Juan province returned wide intervals of copper-gold mineralization in the porphyry environmen…
Giustra behind Goldcorp’s US$300M mines sale
Vancouver — In what looks to be a US$300-million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Australia and Brazil into a junior company led by Frank Giustra’s investment banking f…