South America



Cardero Gets Advance Payment For Pampa De Pongo

VANCOUVER — Cardero Resource (CDU-T, CDY-X) is getting a US$2-million payment for its Pampa de Pongo iron ore project ahead of schedule from Chinese buyer Nanjinzhao. The total purchase price of the …


Quadra Mining To Buy Centenario Copper

VANCOUVER — Patience has paid off for Quadra Mining (QUA-T, QADMF-O). The Vancouver-based company, which has been quietly stockpiling cash from its Robinson copper-gold mine in Nevada, waiting for th…


A map showing the location of Tiomin Resources' 49%-owned Pukaqaqa copper-gold deposit in Peru, one of the assets the company would bring to the table in a proposed merger with Cadiscor Resources.

Cadiscor And Tiomin To Combine

The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O) will create a new company that will be well capitalized to become an intermediate gold producer, manage…


Overgrown artisanal mine workings at Colossus Minerals' Serra Pelada gold-platinum group elements project in Brazil. The project was the site of an epic gold rush in the 1980s.

Colossus Advances Serra Pelada, Raises $20.5M

The first systematic assay results for the full suite of platinum group elements at Colossus Minerals’ (CSI-T, COLUF-O) Serra Pelada project in Brazil appear to confirm what Vic Wall, the company’s pr…




Court Blocks Rusoro Bid For Gold Reserve

Rusoro Mining (RML-V, RMLFF-O) has dropped its hostile takeover offer for Gold Reserve (GRZ-T, GRZ-X), after the Ontario Superior Court of Justice issued an interlocutory injunction on Feb. 10 stoppin…



Testing samples in the laboratory at Fortuna Silver Mines' Caylloma silver-zinc-lead mine in the southern highlands of Arequipa, Peru.

Fortuna Silver Production On The Rise

After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.



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