Instead of the pomp normally associated with a new mine opening, Latin American Minerals (LAT-V) dashed investors’ hopes of any ceremonies on Feb. 1 by announcing that it was suspending operations at what was set to become Paraguay’s…
Vancouver – Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) have decided make the arrangement formal and merge into one company.
Bellhaven Copper & Gold (BHV-V) hit its best intercept yet at its La Mina Project in Colombia – and it came from a relatively new zone on the property.
Calibre Mining’s (CXB-V) share price jumped to 50¢ from 19¢ with 42.5 million shares traded over two days after it announced three long gold-copper intercepts from its Primavera prospect in northeastern Nicaragua. B2 Gold (BTO-T)…
U.S. rare earths producer Molycorp (MCP-N) is giving Chile-based Molibdenos y Metales (Molymet) 12.5 million shares in exchange for US$390 million. That works out to US$31.20 apiece – a 10% premium to Molycorp’s 20-day volume weighted average…
Instead of the pomp of a new mine opening, Latin American Minerals (LAT-V) dashed investors hopes of any ceremony by announcing that it was suspending operations at what was set to become Paraguay’s first modern gold mine.
The passage of a law that allows the use of chemicals including sodium cyanide in mineral processing lifts the prospects of advancing Pan American Silver’s (PAA-T, PAS-Q) Calcatreu gold project in Argentina’s Rio Negro province.
Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.
Lupaka Gold (LPK-T) now indirectly owns 100% of the Crucero gold project in southeastern Peru, after buying the remaining 40% stake of a subsidiary that held the deposit for US$9.2 million in cash and stock.
Driving down cash costs, generating immediate cash flows and building itself into the world’s largest primary silver producer sound like good enough reasons for Pan American Silver (PAA-T, PAAS-Q) to table a friendly takeover bid for fellow…
Kinross Gold (K-T, KGC-N) fell more than 20% after it said it is reviewing its three major advanced gold projects to improve economics, likely causing months of delay and a goodwill write down of the Tasiast gold project in Mauritania.
When Rob McEwen first proposed the combination of US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T, MNEAF-O) in June 2011, the chairman, chief executive and largest shareholder of both companies thought the deal easily could be completed by early…
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