Vale S.A.

Canico says no to Brazil’s CVRD

The board of directors of Canico Resource (CNI-T) has unanimously recommended that its shareholders reject an unsolicited takeover offer from diversified Brazilian miner Co…


TSX suffers resource slump

The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…


Mines left out of U.S. rally

U.S. equity markets pulled out of a long slide on Oct. 14 and 17, finishing the reporting period Oct. 11-17 a little higher. The Dow Jones Industrial average gained 1%, finishing at 10,348.10 points,…


Energy stocks lead TSX down

The Toronto Stock Exchange finished the 4-day trading period Oct. 4-7 down more than 4%, as prices of energy stocks went off the cliff. The composite index was down 468.69 points at 10,612.50, with oi…


Canico rejects Brazilian bid

The board of directors of Canico Resource (CNI-T) has unanimously recommended that its shareholders reject an unsol…


CVRD bids for Canico (September 26, 2005)

Diversified Brazilian miner Companhia Vale do Rio Doce (RIO-N) has made a takeover offer for nickel developer Canico Resource (CNI-T) to gain control of the Ona-…




Centerra Gold's 95%-owned Boroo gold deposit is playing a role in the economic development of Mongolia. The deposit contains roughly 1.15 million oz. gold.

The path toward prosperity

Browsing through the monthly statistics for major social and economic indicators of Mongolia, one is involuntarily drawn into the figures and the steady growth of a sector that has been making tremend…



Yamana Gold Exploration director Evandro Cintra (second from right) makes a point about structural control at the Sao Vicente open pit in Mato Grosso.

Fazenda Brasileiro a success for Yamana

Teofilandia, Brazil — When Yamana Gold (YRI-T, AUY-X) took over the Fazenda Brasileiro mine in Bahia state, Brazil, in 2003, it was betting on the principle that a gold mining comp…



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