Mediterranean Resources Ltd

TSX posts gains, Mar. 3-7

Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…


Toronto Stock Exchange, Dec. 27-Jan. 3

An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…




Mediterranean’s Ecclestone sees money in antimony

Mediterranean Resources (MNR-T) is best known for advancing gold deposits in northeastern Turkey, but the junior also has its eye on the antimony market. This week it picked up two past-producing deposits of the metal in Spain and has plans to…



Happier days at Mediterranean Resources' Corak property in northeastern Turkey in 2007, from left: Peter Guest, then president and CEO; Ibrahim Guney, then and current general manager of Mediterranean's Turkish subsidiary Akdeniz Resources Madencilik; and Jag Sandhu, then vice-president of corporate development. Photo by Photo by John Cumming

Mediterranean shareholders force management shake-up

Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…




Exmin pours gold at Moris

Vancouver — Exmin Resources (EXM-V, EXMFF-O) has officially entered the producer’s league following the first gold pour from its 30%-owned Moris mine in western Chihuahua state, Mexico.



Trucks unload copper ore into a crusher at the Cerro Verde mine in Peru.

Reward outweighs risk in Peru’s mining sector

Vancouver — Peru’s mineral potential is as attractive as ever, but newly imposed royalties and recent mine-site protests have created an undercurrent of political risk that appears to be softening th…


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