Luna ends drill program with strong results
Luna Gold (LGC-V) struck upon some promising results at its Cachoeira gold project in northeastern Brazil as it wra…
South America
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
Iberian: Five years in reserves at Condestable
Vancouver – Iberian Minerals (IZN-V) has added 30% more contained copper to its proven and probable reserves at the…
Guyana Goldfields to team up with Aranka Gold
As the global economy cools down, deal flow in the junior sector seems to be heating up.
Aguila showing size potential for Duran Ventures
Vancouver – Drilling efforts at the Aguila copper-molybdenum prospect in Ancash, Peru, are starting to define a siz…
BHP reduces manganese production, adjusts iron production
BHP Billiton (BHP-N, BLT-L), the world’s largest mining company, has approved a capacity expansion at its iro…
Silver Standard and Esperanza boost San Luis resource
Vancouver – For Silver Standard Resources (SSO-T) and Esperanza Silver (EPZ-V), joint-venture partners at the San L…
Ecuador making mining-friendly noises
Ecuador’s Council of External Commerce and Investment has approved a resolution to eliminate import tariffs on a range mining equipment, Corriente Resources (CTQ-T, ETQ-x) says.
Vaaldiam puts on the brakes
Vaaldiam Resources (VAA-T) says the world financial crisis and a 25% drop in rough diamond prices since September h…
Apoquindo copper chiefs see near-term production
SITE VISIT Antofagasta, Chile — The word apoquindo means “meeting of the chiefs.” It’s an appropriate name for a company chaired by the former head of the world’s biggest copper…
Colossus Minerals digs in at Serra Pelada
SITE VISIT Carajas, Brazil — Old photographs of the most spectacular gold rush in recent history show tens of thousands of artisanal miners called garimpeiros clawing away at the mud…
Apex Silver Forced Into Fire Sale Of San Cristobal
Apex Silver Mines (SIL-x) has been forced to sell its 65% stake in the massive San Cristobal zinc and silver mine to its minority partner, Japan-based Sumitomo Corp. (SSUMY-o) for US$22.5 million.