Buenaventura works at its hedge book
Compania de Minas Buenaventura’s (BVN-N) updated gold hedge book is another attempt by a company to free itself fro…
South America
Mansfield enjoys exploration success in Argentina
Vancouver – In the space of two days, Mansfield Minerals (MDR-V) has reported positive exploration results from tw…
Xstrata posts Las Bambas resource (March 01, 2006)
Drilling through to year-end at the Las Bambas copper-molybdenum deposit in Peru has allowed Xstrata (XSRAF-O, XTA-…
Scion loses appeal; Gold Fields deal to go through
The Yukon Court of Appeal has dismissed Scion Capital’s appeal connected to the courts earlier decision in favour o…
Newmont net earnings drop 27% in 2005 (February 27, 2006)
Vancouver – Strong bullion prices helped offset some higher mine operating costs for Newmont Mining (NMC-T, NEM-N) …
Bema forecasts higher production costs in 2006
Vancouver – Mid-tier gold producer Bema Gold (BGO-T, BGO-X, BGO-L) expects to produce about 381,000 oz. gold from …
Will Codelco spin-off silver assets?
The largest copper miner in the world, Chilean state-owned Codelco, denies it’s planning to spin-off its silver ass…
Scion appeals court decision
It’s back to court for Gold Fields ( GFI-N, GOF-L) and Bolivar Gold (BGC-T) as relentless Scion Capital will appeal…
Tests make Aurora metallurgy look easy
Metallurgical testing on samples from the Aurora gold project in Guyana has returned positive results for Guyana Go…
Chariot cuts high-grade copper at Mina Justa (February 21, 2006)
Vancouver – Initial feasibility drilling by Chariot Resources (CHD-T, CHDSF-O) on the Mina Justa deposit at its Mar…
Bolivia stalls on El Mutun auction
Reneging on last weeks promise to hold a Feb.21 auction for the massive El Mutun iron-ore project in eastern Bolivi…
Diagem pulls stones from gravels overlying Brazilian kimberlite (February 20, 2006)
Vancouver – Diagem (DGM-V, DGMRF-O) is reviewing the diamond haul from bulk sampling of eluvial gravels overlying t…