Iamgold bids for Cambior (September 25, 2006)
A friendly deal between Iamgold (IMG-T, IAG-N, IGD-A) and Cambior (CBJ-T, CBJ-X) would see Iamgold take over the Montreal-based gold miner in a paper deal valued at $1.3 billion to form a gold company…
South America
Canadian Shield ups stake in Peruvian copper and gold properties
Canadian Shield Resources (CSP-V) has increased its stake in Gallant Minerals Peru – which holds four gold and cop…
StrataGold hits new zone at Tassawini (September 15, 2006)
Vancouver – After recently marking the 1000th drill hole (both historical and current) at its Tassawini project in …
Chariot gets metallurgical results
Metallurgical testing on material from the Mina Justa project in Peru broadly confirmed the assumptions in a May sc…
New World cuts higher grades at Lipea
Vancouver – The second and third holes by New World Resource (NW-V, MWFFF-O) at its Lipea project in southwestern …
Shahuindo dispute finished (September 13, 2006)
Sulliden Exploration (SUE-T, EXSDF-O) has assumed title to the Shahuindo mining concessions in Peru following a len…
Andean American drilling expands gold zone at Invicta
Vancouver – Initial drilling by Andean American Mining (AAG-V, ANMCF-O) at its Invicta project in west-central Peru…
Corani silver resource gets even bigger
Continued drilling at Bear Creek Mining’s (BCM-V, BCEKF-O) Corani discovery in the high Andes of southern Peru has resulted in a 27% increase in the overall contained silver resource, highlighted by a…
Inco on the brink-o (September 11, 2006)
Just a week after officially shunning Companhia Vale do Rio Doce (CVRD) (rio-n) in favour of Phelps Dodge (PD-N), Inco (N-T, N-N) has terminated its combination agreement with the Arizona-based copper…
Reserve upgrade adds a year to Alumbrera mine
Vancouver — Reserve upgrades at the Alumbrera copper-gold mine in northwestern Argentina have added one year to the life of the major open-pit operation, owned by Goldcorp (G-T, GG-N), Northern Orion…
La Mancha poised to enter gold business with $40.2-million financing
Vancouver – Shareholders of La Mancha Resources (LMA-V) will meet September 20th to vote on a reverse-takeover tra…
BrazMin down on disappointing resource estimate
BrazMin (BZM-T) saw its shares fall on preliminary results from its So Jorge Gold Project in Para State, Brazil….