July 6, 2012

Lupaka Gold and Andean American announce business combination to create a Peru focused gold exploration company

The two companies have signed a binding letter of intent to create a new Peru-focused gold exploration company. Under the terms Andean American shareholders will receive 0.245 shares of Lupaka…

July 6, 2012

Xstrata-Glencore merger vote postponed: unions raise concerns

Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.

July 5, 2012

Dispute over Argentina’s Los Azules copper project just got uglier

With the recent announcement that there’s much more copper in the Los Azules copper project in Argentina than initially thought, the stakes in a lawsuit contesting its ownership have become…

July 5, 2012

Peru detains leader of anti-mining protests then frees him after increased hostility

Peruvian police detained former Roman Catholic priest Marco Arana, the leader of the protests against Newmont Mining, yesterday evening. The situation has only worsened since the government declared a state…

July 5, 2012

Argentinian legislation might sink Pan American’s flagship

Pan American Silver is warning its shareholders that if the reform of mining law in Argentina's Chubut Province is approved, the company will have to declare its Navidad Project "uneconomic."

July 5, 2012

Mundoro Identifies Compelling Drill Target at Its 100% Owned Camargo Property in Mexico

CEO and President of Mundoro, commented, "we have identified a compelling drill target and we are confident the coming months will advance our planned exploration program in Mexico."

July 5, 2012

Australia won’t get in the way of Glencore-Xstrata

Australia's antitrust regulator has decided it would not oppose commodities trader Glencore's $26 billion takeover of miner Xstrata.

July 5, 2012

Baja’s top shareholder won’t give more for Boleo

Besieged Baja Mining suffered another setback on Thursday after Mount Kellett Capital Management, the company’s largest shareholder, announced it wouldn’t provide debt or equity financing for the Boleo project in…

July 4, 2012

Introducing a global lithium company

Galaxy is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina.

July 4, 2012

Amarillo Gold drills new gold mineralisation north and adjacent to the Posse Deposit, Mara Rosa project, Brazil. Highlights include 22m @ 1.14 g/t Au

Highlighted findings of the Brazil-based project include 1.14 g/t Au at 22m.