CNQ Trading (June 05, 2006)
May 23-29, 2006…
Articles by Northern Miner Staff
Phoenix Matachewan explores for VMS deposits at Steel River
Vancouver — Starting with a high-precision, deep-penetrating airborne electromagnetic and magnetic geophysical survey, Phoenix Matachewan Mines (PMM-V, PXMMF-O) has launched an exploration program ai…
TSX Venture Rights & Warrants (June 05, 2006)
Mongolian president says yes to tax
Vancouver — Mongolian President Nambaryn Enkhbayar has opted for the populist course and declined to veto the recently tabled windfall profits tax aimed at copper and gold producers in the central As…
Red Lake, Campbell see layoffs (June 05, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning a process aimed at finding economies as the two are combined….
Nevada-focused Columbus Gold sails on IPO
Vancouver — Closure of its $5-million initial public offering (IPO) has Columbus Gold (CGT-V) hitting the trading board and ramping up exploration programs on its Nevada gold projects….
TSX Preferred and Exchangeable (June 05, 2006)
Yellowhead to drill Harper Creek
Vancouver — Along with a proposed financing to raise up to $10 million and become a publicly traded company later this year, Yellowhead Mining is planning a spring exploration program at its newly ac…
Gold Fields grabs for South Deep voice
With shares soured after a recent accident at the South Deep mine in South Africa, Gold Fields (GFI-N, GOF-L) has boosted its stake in the mine’s half owner Western Areas (WARSF-O)….
Gammon, Mexgold to make mid-tier Mexican miner
Vancouver — The proposed takeover of Mexgold Resources (MGR-V) by Gammon Lake Resources (GAM-T, GRS-X) would create a mid-tier Mexican-focused mining company with annual production of 235,600 oz. gol…
Mergermania, look for further deals in China: PwC
Commentary…
Kansanshi gets sweeter
Production from the Kansanshi copper mine in the North-Western province of Zambia has come along just in time for First Quantum Minerals (FM-T, FQVLF-O), which posted net earnings of US$54.8 million (…