Company Announcement: Maiden Drilling To Commence At Mariela Iron Prospect

Latin Resources Limited has received its “Constancia Aprobacion Automatica” from the office of the Director General of the Ministry of Energy and Mines which is the final regulatory approval required allowing exploration drilling to commence...

Chariot sales process 'in full swing'

Chariot Resources' plan to sell itself is “in full swing”, CEO Ulli Rath said on a conference call on Wednesday. The company has signed confidentiality agreements with a number of interested parties and expects to have come to the end of the...

Chariot Resources says signed CAs with potential buyers

TSX-listed Chariot Resources has signed confidentiality agreements with potential buyers, which have been provided access to data and offered the opportunity to visit the company's flagship Mina Justa copper project, in Peru. However, the firm...

Chariot Resources will raise C$10,7m for Peru project

Toronto-based Chariot Resources has agreed to sell 35,7-million shares for a total of C$10,7-million to Solway Finance, and will use the proceeds to fund its share of expenditure at the Mina Justa copper project, in Peru, over the next year or...

Chariot Resources to meet Peru officials on enviro, social study for Mina Justa

Toronto-based Chariot Resources has “essentially completed” an environmental and social impact assessment (ESIA) for its Mina Justa copper project, in Peru, the firm reported on Tuesday. CEO Ulli Rath and a delegation from Marcobre SAC,...

Investors blocking deals they don't want, ousting boards they don't like

You can blame it on the recession, tanking share prices or even the Internet. But there is no ignoring the rising frequency with which shareholders in mining and exploration companies are stepping up and raising their voices (usually, but not...

Investors blocking deals they don’t want, ousting boards they don’t like

You can blame it on the recession, tanking share prices or even the Internet. But there is no ignoring the rising frequency with which shareholders in mining and exploration companies are stepping up and raising their voices (usually, but not...

Chariot board reelected, may seek buyer 'sooner than later'

Shareholders in copper junior Chariot Resources on Friday morning reelected the company's incumbent board of directors, rejecting a rival slate of nominees proposed by shareholders Lukas Lundin and Brian Edgar. Shares in the firm slid 15% on...

Lundin Mining says 'no intention' to bid for Chariot

Base-metals producer Lundin Mining has “no intention” to make a bid for junior Chariot Resources or its flagship copper project, in Peru, the firm said on Tuesday. Lundin owns about 18% of Chariot and the smaller firm has accused Lundin of...

Chariot fights back

Canadian junior Chariot Resources came out swinging on Friday morning, in its response to a dissidents' proxy circular filed a day earlier by high-profile mining entrepreneur Lukas Lundin, seeking to oust the current board and replace it with a...

Chariot shares jump on Lundin-led dissident challenge

Shares in Toronto-based junior Chariot Resources rose 12,5% on Thursday, after a group of shareholders announced a day earlier they would launch a campaign to have the firm's board replaced. “Concerned” shareholders Lukas Lundin and Brian...

Chariot now expects Mina Justa feasibility study in Q1 '09

TSX-listed copper hopeful Chariot Resources expects to publish a feasibility study for its Mina Justa project, in Peru, during the first three months of next year, president and CEO Ulli Rath said on Tuesday. The study has been delayed several...