South America




ValGold’s Los Patos has room to grow

Although the initial resource estimate for ValGold Resources’ (VAL-V, VALGF-O) Los Patos gold deposit in Venezuela is on the small side, the company points out that it is open along strike and at dept…






Eldorado inks iron ore deal with BHP

VANCOUVER — Eldorado Gold (ELD-T, EGO-X) has signed an agreement to sell future iron ore production from its 75%-owned Vila Nova project, in northern Brazil’s Amapa state, to mining giant BHP Billito…


Peak Gold earns $14.6M in first year

After buying two operating mines in April last year, Peak Gold (PIK-V, PIKGF-O) raked in net earnings of US$14.6 million, or 3 per share, for the thirteen months ended Dec. 31, 2007.




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