Living in Peru : your everyday companion

Peru Milpo says revised Votorantim offer too low

Peruvian miner Milpo said a second takeover offer from Brazil's Votorantim still undervalues its share price. In a letter on the web site of Peru's securities regulator on Thursday, Milpo said its board of directors "maintains the position" expressed earlier this month that urged shareholders to consider the miner's outlook and performance before participating in the public offer. (Reuters - click here to read complete article)


Acero-Martin Appoints Chief Geologist for Pinaya Gold-Copper Project, Peru

Dr. Stewart Jackson, President and CEO of Acero-Martin Exploration Inc., is pleased to announce that the Company has hired Mr. John Romero as Chief Geologist for its Pinaya project in southern Peru. Mr. Romero is an accomplished geological engineer with over 15 years experience and a successful track record of advancing key mineral projects in Peru. (Marketwire - click here to read complete article)


Dynasty Enters Into Revised Agreement to Spin-Off Copper Duke Gold/Copper Project to SBI

Dynasty Metals & Mining Inc. has entered into a revised agreement with SBI Skin Biology Incorporated, to sell the core concessions of its Copper Duke gold/copper project to SBI. The revised agreement replaces the agreement previously announced by the Company on May 23, 2007 and is conditional upon, among other things, SBI obtaining all necessary regulatory approval and SBI completing a concurrent financing. (Marketwire - click here to read complete press release)