Chariot Races to Production
SITE VISIT Lima, Peru — Across the swaths of desert stretching alongside the southern Peruvian coast, there’s nary a farm, cultural heritage site or environmentally sensitive area — just ocean,…
South America
Wide Intersectons at Aurora
Guyana Goldfields (GUY-T, GUYFF-OF) continues to intersect good lengths of low-grade gold mineralization on its Aurora gold property in western Guyana, as it attempts to drill off a resource at the Ro…
OP-ED: Venezuelan Protestors Disrupt Hecla Operations
Vancouver — Hecla Mining (HL-N) has temporarily halted mining at Mina Isidora, the smaller of its two gold mines in Venezuela, in response to a group of local residents who are blocking access to the…
Canadians Tussle Over Peruvian Property
Century Mining president and CEO (CMM-V, CMNZF-O) Margaret Kent believes her company will build a gold mine at the contentious Shahuindo property in Peru. But first, Century will have to win a long-fe…
Century disagrees with Sulliden’s legal interpretation
Century Mining (CMM-V) has labeled a Sulliden Exploration (SUE-T) press release on the Shahuindo court battle a mis…
No deal sends Peru Copper down
An exclusivity agreement with an un-named third party is over, and there is no deal for Peru Copper (PCR-T, CUP-X)….
No Market Reward for U3O8 Drill Results
Although the price of U3O8 has maintained its steady ascent, U3O8 (UWE-V, UTREF-O) — the company — watched its share price plummet 25% in one day recently, on the news that it intersected uranium in…
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
Editor’s Picks: in the Concrete Jungle, Lionore Doesn’t Sleep Tonight
Merger and acquisition activity once again topped the mining news of the week ended May 19, the twentieth trading week of 2007, as the battle over nickel miner LionOre Mining International intensified…
Buenaventura knocks out more hedges (May 25, 2007)
Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its …
Aurelian donwplays government grab in Ecuador
News from Ecuador saying the government is considering a 70 to 80% grab on the earnings of foreign mining and oil c…
Wide intersectons at Aurora
Guyana Goldfields (GUY-T) continues to intersect good lengths of low-grade gold mineralization on its Aurora gold p…