Amerigo squeezed by restrictions
Vancouver — Copper production from Amerigo Resources’ (ARG-T, ARGOF-O) Minera Valle Central (MVC) operation in Chile will be curtailed after state copper company Codelco gave notice that it is restri…
South America
StrataGold hits new zone at Tassawini (October 16, 2006)
Vancouver — After recently marking the 1,000th drill hole (both historical and current) at its Tassawini project in northwestern Guyana, StrataGold (SGV-T, SAGDF-O) has hit a new gold zone….
Shahuindo dispute finished (October 16, 2006)
Sulliden Exploration (sue-t, exsdf-o) has assumed title to the Shahuindo mining concessions in Peru following a lengthy arbritration and court battle….
French regulator ties up Caiman
Two French government agencies have held up permitting for the Camp Caiman gold project in French Guiana, forcing o…
Buenaventura taking up all of Poracota
Minas Buenaventura (BVN-N) has agreed to take over the 25% interest in the Poracota gold project in Arequipa depart…
Newmont readies market for shortfalls
Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…
Quadra trumped in bid for Equatorial
Losses related to a hedging program and operating challenges at the Robinson copper-gold mine near Ely, Nev., pushed Quadra Mining (QUA-T, QADMF-O) into the red during the latest quarter ended June 30…
Rio Narcea picks up Chariot shares from Amerigo (October 05, 2006)
Taking a turn away from its usual stomping grounds in Spain and North Africa, Toronto-based Rio Narcea Gold Mines (…
Norsemont releases resource estimate for Constancia
Vancouver – An independent resource estimate has been prepared for Norsemont Mining’s (NOM-V, NOMFF-O) Constancia …
New World Cuts Higher Grades at Lipea
Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….
Inco Submits To CVRD Offer
Vancouver — Inco’s board (N-T, N-N) has finally capitulated, recommending shareholders tender to Companhia Vale do Rio Doce’s (RIO-N) all-cash offer of $86.00 per share for the company….
New zone shaping up at Turmalina
Drilling by Jaguar Mining (JAG-T) on a target near its Turmalina gold project in Brazil shows potential to increase…