Chavez sends new wave of chills down investors’ spines
Venezuelan President Hugo Chavez waved the socialist banner broadly at his inauguration ceremony on Jan. 10, but co…
South America
New tax scheme coming to Bolivia (January 08, 2007)
Speculations over Bolivian president Evo Morales’ plans for the mining sector were rekindled by strong words from h…
Verena Pulls Gold at Volta Grande
Verena Minerals (VML-V) has intersected gold mineralization in a new drill hole at the Grota Seca East zone on its Volta Grande property in Para state, Brazil.
News Roundup — Latin America
Skeena cuts higher grades at El Corazon
Bear Creek adds value at Corani
With the Corani polymetallic discovery in Peru hovering just shy of 320 million oz. in an overall contained silver resource, Bear Creek Mining (BCM-V, BCEKF-O) is looking to add value by driving the p…
Bema execs asked for documents in Verde dispute
Vancouver — Bema Gold (BGO-T, BGO-N, BAU-L) CEO Clive Johnson and vice-president Dennis Stansbury have been asked to testify in a dispute between a U.S. insurance firm and the company that was contra…
Aura Gold follows trail of Brazil’s garimpeiros
Few garimpeiros are seen these days near Aura Gold’s (ORA-T, AUGIF-O) newly acquired Cumaru gold project in north-central Brazil’s Para state — a dramatic contrast with the scene during a 1980s rush,…
Strait Gold nestles into Peru’s golden area (December 25, 2006)
If location is everything in exploration as it is in real estate, Strait Gold’s (SRD-V) Culebrilla property in the Andes Mountains, near Ancash, Peru, has the company in good shape.
Someone’s in talks with Monterrico
London-listed Monterrico Metals (MMTLF-O, MNA-L) has opened up a data room for a potential takeover bidder.Mont…
Int’l Royalty to buy NSR on Barrick’s Pascua-Lama
Vancouver – International Royalty (IRC-T, ROY-X) has inked a deal to purchase a sliding-scale net smelter return ro…
Copper falls as Chilean labour worries ease
Chile’s state-owned copper giant Codelco has avoided a strike with two more of the six unions at its operations. …
Iamgold sells bauxite mine to China’s Bosai Minerals
Iamgold (IMG-T, IAG-N, IGD-A) has sold its bauxite assets in Guyana to China’s Bosai Minerals for about US$46 milli…