Mediterranean Resources Ltd

Peruvian regulator reviews Tambogrande

The Instituto Nacional de Recursos Naturales (Inrena), the Peruvian government agency charged with advising the government on new mining projects, has completed its preliminary review of the environme…


Prudent Bear Funds beefs up Western Silver holdings

Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 258,000 shares at 47-53 apiece to…


Shovel at Escondida.

Manhattan eyes financing (October 21, 2002)

Subject to regulatory approval, Manhattan Minerals (MAN-T) will privately raise $2.5 million for its Tambo Grande polymetallic project in Peru.An independent feasibility of the property is under way; …


Locals shoot down Tambo Grande plan

Residents of Tambogrande, a small agricultural centre 865 km northwest of Lima, Peru, have voted to reject a US$270-million gold and base metal mine proposed by Manhattan Minerals (MAN-T) of Vancouver…


Lang hangs on to Valerie Gold

Vancouver — Frank Lang managed to stave off a contentious proxy fight as shareholders voted almost two-to-one to keep his management team at the helm of Valerie Gold Resources (VLG-V).Less than half …


2001 deals out the pain

Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…


The Tambo Grande townsite lies directly above the TG-3 deposit, creating tensions over development of the discovery.

Manhattan in talks over Tambo Grande

Vancouver — Manhattan Minerals (MAN-T) is meeting with Peruvian government officials in a move aimed at advancing the Tambo Grande massive sulphide project.The meetings, which include Mines Minister …


Peru’s new president vows to keep mining strong

Arequipa, Peru — Mining is a pillar of Peru’s economy, and newly elected President Alejandro Toledo intends to keep it that way.Toledo, who assumed his new post in July, recently offered reassurance …



Broad market slumps again

Although trading resumed on Sept. 13, the Toronto Stock Exchange was unable to weather the storm caused two days prior by the terrorist attacks in the eastern U.S. Consequently, the 300 index sank 204…


Manhattan rises to challenge at Tambo Grande

More and more, it seems that the toughest challenge for a mining company is not discovering a deposit but proving that it can be developed in a socially responsible and environmentally sustainable man…


Manhattan gains extension

The government of Peru has granted Manhattan Minerals (MAN-T) a one-year extension to an option agreement for the Tambo Grande concessions, which will allow for further optimization of the initial gol…


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