South America

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.








Bear Creek to buy out Rio Tinto at Corani

VANCOUVER — Bear Creek Mining (BCM-V, BCEKF-O) has reached a deal to purchase the 30% interest in the Corani silver-lead-zinc deposit held by its joint-venture partner, Rio Tinto (RTP-N, RIO-L).






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