Cardero’s Half-Off Sale
VANCOUVER — With a bleak outlook for iron ore markets, Cardero Resource (CDU-T, CDY-X) has announced that it will accept exactly half the original US$200-million sale price for its Pampa de Pongo iro…
South America
UPDATE:Gold Reserve prefers amicable settlement to arbitration route in Venezuela
In the last few months Venezuelan strongman Hugo Chavez has nationalized the assets of oilfield-services providers,…
Ecuadorian-Venezuelan state mining company bogus, says Ecuadorian Chamber of Mines
Vancouver – The idea of creating a bi- or even tri-national state mining company, raised at a meeting of Ecuador,…
Venezuela terminates Gold Reserve’s rights at Brisas
In the last few months Venezuelan strongman Hugo Chavez has nationalized the assets of oilfield-services providers,…
Talon Metals to explore for gold and potash in Brazil
Talon Metals (TLO-T) surged 74% or 21 a share to 49.5 today on news that it had acquired potash exploration licen…
Apoquindo Finds US Partner For Chilean Copper Project
VANCOUVER — A joint-venture agreement with a private partner ready to spend almost $11 million is set to move Apoquindo Minerals’ (AQM-V, APQUF-O) namesake project ahead at a rapid-fire pace.
UPDATE: Cardero sells Pampa de Pongo for half price
Vancouver – With a bleak outlook for iron ore markets Cardero Resource (CDU-T, CDY-X) president and CEO Henk van Al…
Antioquia looks for Colombian gold
Calgary-based Antioquia Gold (AGD-V) is looking to prove Colombia can keep up with its Peruvian and Ecuadorian neig…
Rusoro proves expansion potential at Choco 10
Vancouver – Rusoro Mining’s (RML-V) Choco 10 mine could produce more than half a million ounces of gold per year …
Chinese firm demands bargain on Cardero’s Pampa de Pongo
Vancouver – After missing a May 17 payment to Cardero Resources (CDU-T, CDY-X) for the Pampa de Pongo iron-ore pr…
Barrick To Build Pascua-Lama
It has taken more than a decade, but Barrick Gold (ABX-T, ABX-N) has finally decided to build an open-pit mine straddling the border between Chile and Argentina, many thousands of metres above sea lev…
Century Mulls Its Options At Lamaque
Junior gold producer Century Mining (CMM-V, CMNZF-O) has nailed down a conditional underwriting commitment for US$65 million to restart Lamaque, a gold mine in Quebec that historically has produced mo…