New World Resource banks on Bolivian brine
New World Resource (NW-V) is betting that future demand for hybrid electric vehicles and portable electronic device…
South America
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
International Beryllium funds nuclear fuel research (August 29, 2008)
International Beryllium (IB-V) has agreed to fund a two-year, US$500,000 research project by Purdue University in W…
Gold Reserve rebuffs Rusoro’s advance (August 27, 2008)
Vancouver – With a letter to Gold Reserve (GRZ-T) suggesting a friendly merger, Rusoro Mining (RML-V) made another …
Taca Taca cha-cha: Rio returns option to Lumina (August 26, 2008)
Vancouver – After drilling six holes Rio Tinto (RTP-N, RIO-L) has passed the buck again on Taca Taca, giving its op…
Reserves keep growing at Pallancata
Vancouver – For the second time in five months, International Minerals (IMZ-T, IMZLF-O) and Hochschild Mining (HCHD…
Change at the top for Verena
The promising exploration growth Verena Minerals (VML-T) has shown recently in Brazil will have to be driven by a n…
Vaaldiam spins out Canadian assets
Vaaldiam Resources (VAA-T) has decided to transfer its Canadian diamond assets into a subsidiary company to be call…
ArcelorMittal buys London Mining Brazil, partners with Adriana on port
ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil. For US$764 million …
AngloGold buys Sao Bento mine
VANCOUVER– AngloGold Ashanti (AU-N, AGD-L) will get Eldorado Gold’s (ELD-T, EGO-X)Sao Bento mine in Brazil, now on care and maintenance, for US$70 million worth of AngloGold shares tradable on the Ne…
Rio Tinto to expand Corumba
Strong iron ore prices and rising demand in South America and the Middle East are behind Rio Tinto’s (RTP-N, RIO-L) latest announcement that it will invest US$2.15 billion in a major expansion of its …
Anaconda proves up iron resource in Chilean desert
Vancouver – Less than a year after its first drill hole into the San Gabriel iron ore property Anaconda Mining (ANX…