News

Sumitomo Metal Mining and Mitsui have forked over US$150 million for a 21% interest in Inco‘s (N-T) US$1.9-billion Goro nickel-laterite project…

A merger deal between Candor Ventures and Nustar Resources is complete now that the TSX Venture Exchange has approved the issuance of shares under the merger plan…

Vancouver — Drilling by Tenke Mining (TNK-T) at the El Bagual gold-silver property in southern Argentina has returned high grades….

Guyana Goldfields (GUY-T) has intersected significant gold while following the Rory’s Knoll area in a northwesterly direction at its Aurora property, 175 km west of Georgetown, Guya…

Vancouver — Royalty companies are as obsessed with reserve replacement as any other mining company, but in the grand scheme of things, they’re at the mercy of the operators of the mines in which they…

Vancouver — Coeur d’Alene Mines (CDE-N) is buying the silver production and reserves of the Endeavor zinc-lead-silver mine, near Cobar in central New South Wales, Australia….

West African gold producer Golden Star Resources (GSC-T) has inked an agreement with the state mining enterprise in Ivory Coast to acquire a 90% interest in the past-producing Afema…

Higher metal prices and increased production combined to swell revenues for nickel producer LionOre Mining International (LIM-T) in 2004….

Vancouver — Armed with almost $15 million in cash and cash equivalents, Viceroy Exploration (VYE-V) aims to bring its Gualcamayo gold project in Argentina to the feasibility stage….

Shareholders of Elgin Resources (ELR-T) and Jonpol Explorations (JON-T) have approved a proposed merger….

TSX VENTURE EXCHANGE…

Ivernia (IVW-T) plans to sell $65-82.5 million worth of newly minted shares to buy the 49% interest in the Magellan lead mine it does not already own. The mine is 740 km northeast o…