Canadian Royalties expands Ivakkak (November 27, 2006)
Drilling this past field season by Canadian Royalties (CZZ-T, CRYAF-O) at the Ivakkak deposit on the Ungava peninsula of northern Quebec has indicated a longer and deeper mineralized zone.
Articles by Northern Miner Staff
Dividends (November 27, 2006)
Company Div. Pay Record ($) Date Date Alcoa 0.15* Nov 25 Nov 3 Noranda Incm Fd 0.085 Nov 27 Oct 31 Quest Capital 0.02 Nov 30 Nov 15 Phelps Dodge…
Exchange Rates (November 27, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Some bits about diamond drilling
Diamond core bits are generally made with drilling solid rock in mind. Rock may be broken, hard, abrasive, etc., but will usually make its way up into the core tube en route to the geologist’s core ta…
Starfield advances Ferguson Lake (November 27, 2006)
Vancouver — In wrapping up its 2006 drilling program at the Ferguson Lake copper-nickel-platinum group metals project located 240 km west of Rankin Inlet, Nunavut, Starfield Resources (SRU-V, SRFDF-O…
Teck puts $30M into Tahera
Vancouver — Teck Cominco (TCK.B-T, TCK-N) plans to invest $30 million in Tahera Diamond (TAH-T, TAHEF-O) through a private-placement that would give the major a 16% stake in Canada’s newest diamond m…
Forest Gate increases leverage with diamond find
Forest Gate Resources (FGT-V, FOGTF-O) has found diamonds on its West Side property in the Fort la Corne area of Saskatchewan.
Daily Metal Prices (November 27, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Queenstake Q3 disappoints
Vancouver — Reduced gold production coupled with higher commodity and labour costs pushed Queenstake Resources (QRL-T, QEE-X) to its worst quarterly performance since acquiring the Jerritt Canyon min…
Lonmin bids for AfriOre
Platinum producer Lonmin (LMNIF-O, LMI-L) has reached an agreement to acquire AfriOre (AFO-T, AFOFF-O) in an all-cash deal.
Crew buys Nugget Pond for Nalunaq ore (November 27, 2006)
Crew Gold (CRU-T, CRUGF-O) has struck a deal to buy the dormant Nugget Pond gold mill in Newfoundland from New Island Resources (NIS-V, NIREF-O) so that it can process ore from its Nalunaq gold mine i…
New uranium zone at Saddle Hills
Vancouver — A new zone of uranium mineralization has been identified by Western Prospector Group (WNP-V) on its Saddle Hills project in northeastern Mongolia.