VANCOUVER - Junior miner Rio Alto Mining Ltd. (TSXV:RIO) has temporarily suspended mining activity at its La Arena gold mine near Lima, Peru as workers begin a strike.The company said it is in talks with the government and the local community in an effort to resolve what it has called an illegal work stoppage during the next few days.The suspension … [Read more...]
Canada tops ranking in global mining sector
August 31, 2011 by
VANCOUVER - The Canadian mining and metals sector ranks No. 1 in an international list of corporate deal-making so far this year.Canadian mining companies had 196 acquisition deals during the first half of 2011 and were targets for acquision in 129 deals, according to the Ernst & Young report.Australia came in second in both categories, making … [Read more...]
Compass Gold to buy rest of Africa Mining
August 17, 2011 by
VANCOUVER - Compass Gold Corp. (TSXV:CVB) says it plans to acquire the remaining 49 per cent of Africa Mining SARL, which has permits within a gold-producing area of Mali.Compass will exchange 30 ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]
Vancouver mining veteran buys Quaterra Resources
July 22, 2011 by
Larry Page has been a key player in building the Vancouver mining scene. He was involved with some major discoveries including the Eskay Creek gold mine in B.C. and the Peñasquito precious ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]
