Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
South America
Editor’s Picks: in the Concrete Jungle, Lionore Doesn’t Sleep Tonight
Merger and acquisition activity once again topped the mining news of the week ended May 19, the twentieth trading week of 2007, as the battle over nickel miner LionOre Mining International intensified…
Buenaventura knocks out more hedges (May 25, 2007)
Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its …
Aurelian donwplays government grab in Ecuador
News from Ecuador saying the government is considering a 70 to 80% grab on the earnings of foreign mining and oil c…
Wide intersectons at Aurora
Guyana Goldfields (GUY-T) continues to intersect good lengths of low-grade gold mineralization on its Aurora gold p…
Update: Century revives battle for Sulliden property
Century Mining’s (CMM-V) Margaret Kent believes her company will build a gold mine at the contentious Shahuindo pro…
Protesters disrupt Heclas Mina Isidora
Vancouver — Hecla Mining (HL-N, HL-X) has temporarily halted mining at Mina Isidora, the smaller of its two gold m…
Norsemont rides into Peru
SITE VISIT Lima, Peru — When Bob Baxter left his post as executive vice-president at Char- iot Resources (CHD-T) to become president of Norsemont Mining (NOM-T), he didn’t have to…
Gold Reserve closes US$164 million financing
Vancouver – Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2 million financing announced in early May, selling 12….
Century revives battle for Sulliden property
Century Minings (CMM-V) Margaret Kent believes her company will build a gold mine at the contentious Shahuindo pro…
Castillian Cuts Nickel at Mangabal
Early results from a drilling program by Castillian Resources (CT-V, CTIIF-O) on the Mangabal nickel project in western Goias state, Brazil, show a couple of near-surface mineralized intersections.
ValGold Finding Mineralization at Los Patos
Following up on results achieved by earlier operators, ValGold Resources (VAL-V, VALGF-O) has intersected gold mineralization in three holes at the Los Patos gold prospect in Bolivar state, Venezuela.