Nico Feasibility Positive
A full feasibility study on the Nico gold-cobalt-bismuth deposit in the Northwest Territories has shown favourable economics, so owner Fortune Minerals (FT-T) is planning production in 2010.
A full feasibility study on the Nico gold-cobalt-bismuth deposit in the Northwest Territories has shown favourable economics, so owner Fortune Minerals (FT-T) is planning production in 2010.
Vancouver — Resource definition drilling by First Narrows Resources (UNO-V, FNRWF-O) on its Chester project in New Brunswick’s Bathurst mining camp continues to deliver wide, high-grade copper interc…
Vancouver — With about 50% of its exploration budget devoted to copper, Teck Cominco (TCK.B-T, TCK-N) is mulling over what to do with its gold operations, and will likely make a decision once its Pog…
Vancouver — U.S. fertilizer giant The Mosaic Co. (MOS-N) has moved to ease concerns that a flooding problem may threaten to disrupt production at its Esterhazy, Sask., operation which ranks among the…
The TSX Composite Index rose 220.73 points to set a new all-time high of 13,166.69 for the Jan. 30-Feb. 5 trading period. The rise came as commodity prices gained momentum on signs that the U.S. econo…
With gold prices strengthening on the back of a weakening U.S. dollar, the S&P-TSX Venture Exchange Composite Index rose 69.29 points to 2,974.51 over the Jan. 30-Feb. 5 trading session. Average d…
Antimony: Mid-mkt US$5,360/t.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 5, 2006 (change from Jan. 29 in brackets):
The spinoff of nickel assets from Nuinsco Resources (NWI-T, NUIRF-O) is complete, with the listing of affiliate Victory Nickel (NI-T).
Short positions outstanding at Jan. 31/07 (with changes from Jan. 15).
Vancouver — Drilling by Mansfield Minerals (MDR-V, MFMNF-O) on its Lindero gold project in Salta province, northwestern Argentina, continues to encounter zones of blind, non-outcropping mineralizatio…
Short positions outstanding at Jan. 31/07 (with changes from Jan. 15).
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