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Latest Andean Community of Nations Stories

2008-10-10 09:00:40

ANDINA Minerals Inc. (TSX VENTURE: ADM) ("Andina") announces that it has granted an aggregate of 1,497,500 options of which 875,000 were granted to Andina's officers and directors and 622,500 were granted to employees and consultants. The options are exercisable at $1.50 and expire on October 8, 2013. Andina is a Chilean-focused exploration company, with a portfolio of precious metals exploration projects, including its flagship Volcan Gold Project, strategically located in Chile's...

2008-09-23 12:00:38

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty and Fernando Infante, Executive Vice-President, have returned to Argentina for a series of meetings to review and finalize plans prior to completing further development of gas-to-liquid and oil production Letters of Intent and Memorandum of Understanding. Speaking by telephone from Buenos Aires, Mr. Petty said, "Franklin's financial partners remain committed to each of our several energy projects in...

2008-09-23 09:00:50

Golden Eagle International, Inc. (OTCBB: MYNG) reported today that its C Zone gold operation has been affected by recent and ongoing political unrest in Bolivia. Road blockades and the lack of diesel fuel throughout the Santa Cruz Department (State), in which the C Zone mine and mill are located, over the past three-week period slowed mining and milling, and finally led to what the Company believes to be a temporary suspension of operations. The Company sought to operate at a substantially...

2008-09-18 12:00:29

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty has reassured Franklin shareholders that the company's Escala Mine continued operations during recent civil disturbances in Bolivia. In a statement scheduled to be posted at www.franklinmining.com later today, Mr. Petty discusses his personal commitment to the mining industry in Bolivia, to COMIBOL and to the Cooperativa INTI, Franklin's joint-venture partners in the Escala Mine. "Through September 2008,...

2008-09-12 09:00:45

Bolivia crisis cuts natural gas supply to Brazil by half RIO DE JANEIRO, September 11 (Xinhua) -- The political crisis in Bolivia led to a 55-percent reduction in the country's natural gas supply to its biggest customer Brazil, Transierra pipeline company said in a statement on Thursday, The reduction was due to malfunction of a pipeline in southeastern Bolivia. It remains unclear if it was a technical problem or an act of sabotage. It is the second incident with Bolivia's pipelines...

2008-09-11 09:00:41

Attack on gas pipeline in Bolivia reduces supply to Brazil LIMA, Sept. 10 (Xinhua) -- An attack on a gas pipeline in the south of Bolivia has reduced the country's export of natural gas to Brazil by 10 percent, said news reports from La Paz, administrative capital of Bolivia, on Wednesday. The attack, which took place on Tuesday, was organized by opposition forces which started a wave of protests in the east and south of the country, Santos Ramirez, president of the state-owned...

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2008-09-03 09:30:00

By Alvaro Vargas Llosa Little international attention has been paid to the recent conflict between the Peruvian government and thousands of indigenous people in the oil-rich Amazon region over President Alan Garcia's attempt to make it easier for tribal communities to sell their land. The issue contains lessons for the entire continent -- in which the tension between modernity and tradition is a recurring source of strife. In May and June of this year, the Peruvian government passed two...

2008-09-02 09:00:20

Colombia alerts public over probable contamination of river BOGOTA, Aug. 30 (Xinhua) -- Colombian government on Sunday alerted residents in the country's four northern provinces not to drink water or eat fish from the Magdalena river, where at least 116 cans of cyanide sank after a ferry accident. Luz Amanda Pulido, director of the Attention and Disasters Prevention Bureau,told the press that although the cans were sealed, it is still possible the cyanide could spill out. At least...

2008-09-01 06:00:30

Text of report by Bolivian newspaper El Deber website on 24 August [Report by Rene David Moreno: "Gas: Negotiate Hard but Without Threats"] National and foreign experts who participated in the First International Congress Bolivia Gas & Energy 2008, which took place last Thursday [ 21 August], agreed to recommend the authorities to negotiate without threatening the oil companies interested in investing in oil exploration and exploitation in the country. In addition, they demanded a...

2008-08-28 09:00:59

Golden Eagle International, Inc. (OTCBB: MYNG) reported today that it is recovering gold at its C Zone operation in eastern Bolivia. The Company's first 778 grams (25 troy ounces) will be sold at a minimum price of $840 per troy ounce pursuant to a sales contract. The C Zone operation is estimated to be averaging between 60 and 200 tonnes per day (tpd). The Company has had to curtail mining activity on several days to dedicate earth-moving equipment to necessary infrastructure development as...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.