Pacific Rim to buy Panama project, 'similar' to delayed El Salvador mine

Vancouver-based Pacific Rim Mining, which is in the midst of international arbitration brought against the government of El Salvador, has signed a binding letter of intent to buy a gold project in Panama. The Remance project has similar...

El Salvador intends total ban on mining – report

Canadian firm Pacific Rim Mining this week claimed a small victory in its arbitration against the El Salvadorian government, but President Mauricio Funes has been quoted as saying that he plans to stop mining in the country altogether. “Funes...

Hearings under way in Pacific Rim project arbitration

A hearing began on Monday in an arbitration case brought by Pacific Rim Mining against the government of El Salvador, the company reported. The hearing, on the preliminary objection filed by the government in relation to the action brought by...

Pacific Rim says arbitration tribunal formed for El Salvador case

An arbitration case brought by Pacific Rim Mining against the government of El Salvador will move ahead, as the arbitration tribunal has now been constituted, the company reported on Thursday. Pacific Rim embarked on arbitration proceedings...

Condor Resources connects potential offer, shareholder requisition

Aim-listed Condor Resources believes that there is a link between shell company Classdrive plc, which has indicated it may offer to buy Condor, and a requisition received last month for an extraordinary general meeting, the firm said on Monday....

Pacific Rim freezes study on El Salvador gold mine until markets stabilise

Vancouver-based Pacific Rim Mining will defer the completion of a feasibility study for its El Dorado project, because of volatility in the capital cost estimates, as well as permitting uncertainty, the firm announced on Thursday. Pacific Rim...

Intrepid to start construction next year on Argentina mine

TSX- and ASX-listed Intrepid Mines is working on the design and procurement of key equipment for its Casposo gold/silver project, in Argentina, and expects construction to get under way in the second quarter of 2009, CFO Steve Smith said this...

Pacific Rim halts El Salvador drilling, fires staff on mine permit delay

Shares in Vancouver-based Pacific Rim Mining fell 34,18% on Thursday, after the company said that it had begun scaling back operations at its gold projects in El Salvador, and would halt drilling until it was awarded a long-awaited mining permit...

Genetically-engineered cotton is on a budding rise

Textiles and clothing manufacture