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.
Articles by Northern Miner Staff
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…
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
‘Conflict diamonds’ getting through loopholes
Commentary — The following was presented by De Beers chairman Nicky Oppenheimer earlier this year at the World Diamond Congress in Tel Aviv, Israel. De Beers, of course, is a…
Tribute’s Arrow holes hit mark (November 27, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V, TBMIF-O) at the Garnet Lake property in northwestern Ontario have shown zinc and minor copper mineralization.
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
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.
Producer and Dealer Prices (November 27, 2006)
Antimony : Mid-mkt US$5,490/t.
Lundin puts its tag on Mantle Resources
Vancouver – Zinc-focused Lundin Mining (LUN-T, LMC-X) is boosting its exposure to prospective base metal projects b…