News

Newmont picks up prospect

Newmont Mining (NEM-N) will explore the Jamgyr gold property in north-central Kyrgyzstan with Apex Silver Mines (SIL-X).Apex, through its subsidiary Apex Asia, controls a 79% interest in Kumushtak, th…



Asarco poised to accept Grupo Mexico offer

Asarco (AR-N) has notified Phelps Dodge (PD-N) that it intends to break their merger agreement and accept Grupo Mexico’s new offer for US$29.75 per share.The story may not be over, however, as Asarco …





SPC drills Los Chancas copper discovery in Peru

Based on results from exploration drilling, Southern Peru Copper (PCU-N) will carry out definition drilling at its newly discovered Los Chancas copper discovery in southern Peru.The deposit is 400 km …




PEOPLE — Highwood

James Roxburgh appointed chairman, CEO and director; W.D. Vardill appointed director; P.M. Madaleno appointed director.



First Dynasty expands Armenian output

A threefold increase in production is in store for the Armenian gold projects of First Dynasty Mines (FDM-T).The junior miner and its joint-venture partner, state-owned Armgold JSC, have decided to ex…


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