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Vancouver — Pegasus Gold developed a reputation for building and operating low-grade gold mines during a period of high gold prices in the 1980s. As prices collapsed, so did the company and many of i…

BY ROB ROBERTSONWorkers move core at the Corani silver-lead-zinc project in southern Peru where Bear Creek Mining is earning a 70% interest from London-based Rio Tinto by by making a series of escalating payments totalling US$5.4 million over three years.

News March 13, 2006

Delivering at Corani

With 89 holes representing over 14,000 metres of drilling completed on the Corani silver discovery in Peru and a resource estimate due out in early March, Bear Creek Mining (BCM-V, BC…

News March 13, 2006

U.S. Gold looks to consolidate Cortez Trend

Vancouver — Robert McEwen’s U.S. Gold (USGL-O) has launched takeover offers for four TSX Venture-listed companies in an anticipated manoeuvre to fuse together a large, strategic land…

News March 13, 2006

Blockade shuts down Freeport’s Grasberg

Vancouver — A large group of protesters, some toting weapons, effectively shut down operations at Freeport-McMoRan Copper & Gold’s (FCX-N) massive Grasberg mine in Indonesia’s Pa…

News March 13, 2006

Battle brewing between Big Red Diamond and Kel-Ex

Montreal-based Big Red Diamond (DIA-V) has requested an additional 30 days from the Autorit des marchs financiers to file its annual financial statements ended Oct. 31, 2005, blamin…

News March 13, 2006

Red Back drilling confirms Abodoabo trench results (March 13, 2006)

Vancouver — The first drill holes on Red Back Mining’s (RBI-T, RBIFF-O) Abodoabo prospect, in southwestern Ghana, are substantiating previous trench results from the gold project….

News March 13, 2006