Magellan strikes Brazilian gold
If results from the next 24 drill holes are as promising as results from the first four drill holes were, Magellan …
South America
Verena’s Volta Grande gold property in Brazil grows 66.7%
Exploration for gold deposits in the Volta Grande area of the eastern Amazon region of Brazil dates back to the Por…
U3O8 Corp. moves on to phase 3 drilling in Guyana
U3O8 Corp. (UWE-V) has begun the third phase of drilling at its Aricheng South uranium deposit in Guyana with hopes…
Rich Emperor eases Intrepid’s financial burdens
Intrepid Mines (IAU-T, IAU-A) and Emperor Mines (EMP-A, EMPMY-O,) each have something the other needs. The comp…
Mirabela studies smelter option at Santa Rita nickel project
It would cost Mirabela Nickel (MNB-T, MBN-A) about US$254 million to build a nickel sulphide smelter for its Santa Rita project in Brazil, a scoping study reveals. Operating costs would clock in at ro…
B2Gold settles into Colombia (February 25, 2008)
VANCOUVER — In its first major move since debuting on the market in December, B2Gold (BTO-V, BGLPF-O) has worked a deal with AngloGold Ashanti (AU-N, AGD-L) to get its hands on a significantly increa…
French Guiana’s miners lash out at Sarkozy
LETTER TO THE EDITOR
Centenario’s Franke bigger but more costly (February 21, 2008)
Vancouver – In the sand of the Atacama Desert, Centenario Copper (CTT-T) is quietly moving the Franke deposit towar…
Ascendant closes in on SGV
Ascendant Copper (ACX-T) and St. Genevieve Resources (SGV) managed to hammer out a deal whereby Ascendant will up i…
B2Gold settles into Colombia (February 18, 2008)
Vancouver – In its first major move since debuting on the market in December, B2Gold (BTO-V) has worked a deal with…
Century withdraws Sulliden offer (February 18, 2008)
Century Mining (CMM-V, CMNZF-O) has withdrawn its hostile offer for rival Sulliden Exploration (SUE-T, EXSDF-O).
Troy Resources posts expected loss of $4.9M
Shutting down one Brazillian gold mine before starting up another left Troy Resources (TRY-T, TRY-A) with a net los…