Belo Sun Mining Corp
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MINING PEOPLE: Barrick, Galway, Osisko Gold Royalties, Pretium, Teck
Alex Klenman is now Arbor Metals’ director of corporate development with CEO duties transitioning to Mark Ferguson. Kenneth Williamson has been retained as a consultant to Argo Gold; Williamson is an independent geological consultant. Rich Haddock has deferred his retirement…
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Agnico Eagle slashes stake in Belo Sun
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has sold 44.55 million common shares it owned in Belo Sun Mining (TSX: BSX), slashing its stake in the company from 19.14% to about 9.57%. The gold major announced on April 20 that it had completed…
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Agnico invests in juniors Belo Sun, Pershimco
Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) got a welcomed boost after Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it would buy a 17.4% interest in the junior for $15 million.
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Belo Sun improves economics at Volta Grande
Belo Sun Mining’s (TSX: BSX; US-OTC: VNNHF) Volta Grande gold project in Brazil’s Para State has garnered positive attention from analysts after a feasibility study cut the project’s costs, making it more attractive.
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MINING PEOPLE: Belo Sun, China Gold, Great Panther, and Riverside Resources
Belo Sun Mining Corp. has strengthened its management team with the addition of Peter Tagliamonte as president and CEO replacing Mark Eaton who has become executive chairman. Joseph Milbourne has joined the company as VP of technical services….
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Junior exploration programs will be ‘pruned to the bone,’ Macquarie says
In a new report on junior precious metal explorers that looks at which companies will have the cash to survive the current market and the decline in the gold price, analysts at Macquarie Equities Research predict that exploration programs will…
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MINING PEOPLE IN THE NEWS: Belo Sun, Morien Resources, Orvana, Prevention Council, and SNC-Lavalin
Belo Sun Mining of Toronto has added three individuals to its management team: Ian Pritchard as COO, Joaquim Alvarenga as general manager of operations in Brazil, and Donald W. Clarke as an advisor. Pritchard’s experience includes more…
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Yamana pounces on Extorre with US$404 million bid
VANCOUVER — Following a tumultuous four months that saw share prices plummet and development options narrow, Vancouver-based explorer Extorre Gold Mines found a solution to its problem in the form of Toronto-based producer Yamana Gold,…
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Speculation mounts about IamGold’s takeover targets
IamGold chief executive Steve Letwin says the cash-rich miner plans to spend $400 million to $500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and wants…
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MINING PEOPLE IN THE NEWS: Andover, Belo Sun and Keegan
Kent Turner is now COO of Andover Mining Corp. of Vancouver. He has been actively involved in all phases of the mineral exploration business for more than 30 years. Turner spent much of his professional career with Cominco American.
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MINING PEOPLE IN THE NEWS – Frontera Copper, Goldex, Pershimco and Verena Minerals
FRONTERA COPPER of Toronto has named Alan Edwards its new president and CEO effective in September 2007 with the re…
