Settlement looms at Escondida
Peace between management and workers at the world’s largest copper mine appears to imminent as the 25-day strike at…
South America
Amerigo squeezed by tailings flow restrictions
Vancouver – Copper production from Amerigo Resources’ (ARG-T, ARGOF-O) Minera Valle Central (MVC) operation will be…
Yamana goes for more in Latin America
The intense pace of acquisitions continues for Yamana Gold (YRI-T, AUY-X, YAU-L) as it drives towards becoming a dominant player in Latin America….
Teck bows out
Having failed to raise some $5.7 billion overnight, Teck Cominco (TCK.A-T, TCK-N) quietly let its offer for Inco (N-T, n-n) expire on Aug. 16….
General Minerals to spin-out silver-focused company
Vancouver – Appreciated prices and fundamentals for silver have prompted General Minerals (GNM-T) to spin-off cert…
Chariot off and running on results from Peru
Intersects from its Marcona Copper property in Peru pushed Chariot Resources’ (CHD-T) shares up on heavy volume. …
Goldmarca tests high-grade targets at Condor
Vancouver – A recent hole drilled by Goldmarca (GML-V) has intersected another high-grade zone at the Condor gold …
Condor hatches more results
Aurelian Resources (ARU-V, AUREF-O) has delivered another pair of long intervals of high-grade gold from its Fruta …
Plot thickens in battle for Inco
Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) has turned up the heat in the battle for control of Inco (N-T, N-N) with an all-cash bid of $86.00 per share….
Greystar updates Angostura resource
Vancouver — Greystar Resources (GSL-T, GYSLF-O, GSL-L) has delivered an updated resource estimate for its large Angostura gold-silver deposit in northeastern Colombia….
Court backs Shahuindo arbitration
The Civil Court of Lima has issued an injunction ordering Minera Algamarca and Exploraciones Algamarca to return the Shahuindo silver-gold mining concession in Peru to Sulliden Resources (SUE-T, EXSDF…
Management at Escondida digs in
BHP Billiton (BHP-N, BLT-L), the largest stake holder in Escondida, the world’s largest copper mine, has broken off…