South America


Newmont readies market for shortfalls

Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…


Quadra trumped in bid for Equatorial

Losses related to a hedging program and operating challenges at the Robinson copper-gold mine near Ely, Nev., pushed Quadra Mining (QUA-T, QADMF-O) into the red during the latest quarter ended June 30…




New World Cuts Higher Grades at Lipea

Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….


Inco Submits To CVRD Offer

Vancouver — Inco’s board (N-T, N-N) has finally capitulated, recommending shareholders tender to Companhia Vale do Rio Doce’s (RIO-N) all-cash offer of $86.00 per share for the company….




AURELIAN RESOURCESWorkers move a drill to another site on Aurelian Resources' Condor project in southeastern Ecuador. High-grade results continue to come from the Fruta del Norte discovery, part of Condor. One hole there returned 81.4 metres averaging 5.54 grams gold and 8 grams silver per tonne. Share are trading in the $30 range, up from $20 in July.

Poirier picks two hot juniors

It’s hard to find value in a market that has been overheated by record high commodity prices and merger mania, but Don Poirier, an analyst with Blackmont Capital who has followed the junior side since…




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