Arian Silver Corporation: Drilling to Start on Tepal Ahead of Schedule

Arian Silver Corporation is pleased to announce the start of a 3,000 metre diamond drilling programme at the Tepal property, Michoacan state, Mexico. The project was previously explored in the 1970’s and the early 1990’s by a number of companies including International Nickel Company of Canada Ltd (INCO), Teck Resources Inc (Teck) and Minera Hecla S.A. De C.V. (Hecla). A historical gold... 

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Brazil’s CVRD wins Canada’s Inco to create top world nickel miner

Brazilian mining giant CVRD said it had won control of Canadian group Inco, creating the world’s second-biggest mining concern and the biggest nickel miner in a 15.8-billion-dollar deal. The announcement appeared to seal CVRD’s bid for Inco and came as big mining companies seek fresh supplies in a global contest over precious metals. Companhia Vale do Rio Doce (CVRD) said it had acquired... 

Magnus International Resources Acquiring African Mineral Fields to Explore Mineral Opportunities in Africa

Magnus International Resources, Inc. announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio into Africa, which holds 55% of the known global gold resource and is experiencing... 

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Magnus Acquiring African Mineral Fields to Explore Mineral Opportunities in Africa

Magnus International Resources (“Magnus”) ”the Company”) NASD OTC-BB: ”˜MGNU’) announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio... 

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Merrill’s Hambro Tops Mining Funds on `Small-Caps’

For Evy Hambro, who manages the world’s biggest mining fund at Merrill Lynch & Co., small is profitable. Hambro steered the $6.6 billion fund to the best performance this year among 270 peers tracked by Standard & Poor’s by increasing investments in small and mid-sized companies. Shares of Hambro’s top performers, Perilya Ltd. of Australia and Zijin Mining Group Co., which... 

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