Teck Cominco to absorb Aur in $4.1-billion bid
Vancouver – Looking to boost its copper production and reserves, Teck Cominco (TCK.B-T, TCK-N) has tabled a friendl…
News
Western Canadian Coal posts $13-million loss for 2007
Vancouver – A year ago Western Canadian Coal (WTN-T, WTN-L) was starting up its new Wolverine coal mine in northeas…
Coeur finishes Bolnisi-Palmarejo investigation (July 03, 2007)
The merger of Coeur d’Alene Mines (CDE-N, CDM-T), Bolnisi Gold (BSG-A) and Palmarejo Silver and Gold (PJO-V) is sch…
Earnings: Western Canadian Coal
Earnings Summary from CNW Group. All figures in thousands except per-share figur…
Australian Solomons finds new gold zone
A 100-metre intersection grading 3.44 grams gold per tonne sent Australian Solomons Gold (SGA-T) shares soaring 43%…
Skye gets construction permit for Fenix
Roughly three weeks after receiving an environmental permit Skye Resources (SKR-T) has now been granted a construct…
LME Warehouse Levels (July 02, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 25, 2007 (change from June 18 in brackets):
People (July 02, 2007)
Hinterland Metals — Vaughn MacLellan appointed director; Andrew Lee resigned as director.
Luna running with Piaba
Vancouver — Luna Gold (LGC-V, LGCU-O) has only held the Piaba gold project in Brazil for half a year, but the company is moving the site forward as quickly as possible, aiming for production by early…
Baruun Naran gets resource boost
Vancouver — More than doubling the previous tonnage estimate, QGX (QGX-T, QGXLF-O) has released a revised resource calculation for its Baruun Naran coal deposit in the Gobi region of southern Mongoli…
Market likes Gulfside’s coal deal
Vancouver — Investors took a shine to Gulfside Minerals’ (GMG-V, GMGLF-O) plan to acquire the Monster coal project in southwestern Mongolia and boosted the company’s share price by 26% in recent trad…
Breakwater reserves up 50% at El Toqui (July 02, 2007)
Breakwater Resources’ (BWR-T, BWLRF-O) latest reserve increase for its El Toqui zinc project has given the company the confidence to initiate a prefeasibility study for a 1-million-tonne-per-year mill…