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Metallica Resources Inc

Metallica Resources' Cerro San Pedro mine, in Mexico. Production of gold at the project has climbed 34% and silver 18% in the first quarter. The mine poured its first gold last year.

News May 12, 2008

Record quarterly revenue for Metallica

It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…

News April 14, 2008

Proposed mines showing robust economics

The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …

Working at Peak Gold's Amapari mine in Brazil. The company plans to merge with two other junior gold companies, Metallica Resources and New Gold.

News April 7, 2008

Metallica, New Gold, Peak Gold to merge

What do you get when three junior gold companies jump into bed together? You get a globally diversified intermediate gold producer with a market capitalization of about US$1.6 billion.

In an effort to strengthen relations with the locals at its Las Bambas project in Peru, Xstrata Copper has established programs to teach local farmers more effective cultivation techniques.

Regulatory Issues March 3, 2008

Developing reserves — of good will

SANTIAGO, CHILE–With alliances of communities and non-government organizations across Latin America putting the mining industry under increased scrutiny, and occasionally blocking new projects reachi…

The tunnel entrance at the El Morro copper-gold project in Chile.

News February 11, 2008

Feasibility puts El Morro price tag at US$2.5B

A feasibility study on the El Morro copper-gold project, in Mexico, puts average annual production at 195,000 tonnes copper and 354,000 oz. gold over the first five years of a 15-year mine life, say j…