Surupampa comprises 800 hectares, lies adjacent to Darwin's 100%-owned Colquiloma property which comprises 450 hectares and is located 35km northwest of Barrick's Lagunas Norte gold mine (9Moz gold) in La Libertad.
First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block the sale.
Large double-digit declines in the value of rough diamond trade by the U.S. in April. Rough diamond imports of $29.7 million fell 24.7 percent year on year.
What a whippy week it was. Volatility spiked and then subsided into the end of the week which meant it was a great day-trading environment but then that petered off as ranges tightened for markets and stocks into the end of the week.
Potentially gold-bullish developments this weekend include fresh economic data from China and shocks emanating from Europe as Spain attempts to shore up its banking system.
Rio could end up with a much bigger chunk of Ivanhoe come July 19 – 260 million new shares are expected to be issued representing some 35% of Ivanhoe's current outstanding shares.
The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.