‘Porkulus’ To Stoke Inflation
The financial world during the fifth trading week of the year was dominated by the haggling in Washington, D. C., over the size and content of the federal government’s unprecedentedly large stimulus b…
South America
Andean Resources Cuts High-Grade Gold In Argentina
VANCOUVER — Deep stepout drilling on the Eureka West vein has expanded the size of zones showing bonanza-grade gold for Andean Resources (AND-T, AND-A) at its Cerro Negro property in the province of …
Rio Tinto Sells More Assets To Pare US$37B Debt
Rio Tinto (RTP-N, RIO-L) continues to hack away at its immense debt load with sales to Vale (RIO-N) of its undeveloped potash assets in Argentina and Canada and an iron ore mine in Brazil for US$1.6 b…
Quadra Mining buys Centenario Copper
Vancouver – Patience has paid off for Quadra Mining (QUA-T). The Vancouver-based company has been quietly stockpi…
TSX to determine Minera Andes’ fate as producer asks to issue 121 million shares
Vancouver – A few months ago, it seemed like Minera Andes (MAI-T) had it all: a 49% stake in a producing gold-sil…
Nanjinzhao makes advance Pampa payment to Cardero
Vancouver – Cardero Resources (CDU-T) is getting US$2 million of the US$200 million it sold its Pampa de Pongo ir…
Cadiscor and Tiomin combine to form new company
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T) will create a new company t…
Colossus reports stellar assays at Serra Pelada
The first systematic assay results for the full suite of platinum group elements at Colossus Minerals’s (CSI-T, COL…
Court blocks Rusoro takeover bid for Gold Reserve
The Ontario superior court has issued an injunction stopping the hostile takeover bid by Rusoro Mining (RML-V, RMLF…
U308 Reports Uranium Resource In Guyana
Canadian uranium explorer U3O8 Corp. (UWE-V, UTREF-O) believes Guyana’s Roraima basin may one day play a significant role in feeding the world’s growing appetite for clean nuclear power.
Colombia proving golden for Ventana
Vancouver – An intense three-year drilling effort in Colombia keeps returning bonanza gold grades for Ventana Gol…
Exeter releases Caspiche and Cerro Moro gold assays
Exeter Resource (XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper project and Cerro Moro…