Revised feasibility study buoys Yukon Zinc
Vancouver — Yukon Zinc (YZC-V, YZCCF-O) has tabled an “optimized feasibility study” that indicates positive economics for its Wolverine polymetallic project in the Finlayson District of southeastern …
News
Exchange Rates (February 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
SXR moves to acquire UrAsia (February 19, 2007)
SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-V, UUU-L) to create a $5-billion uranium company that would have early production from Australia and South Africa, and advanc…
Arch Coal has stellar 2006
Arch Coal (ACI-N) is battling the weak American coal market by slashing its production target this year in anticipation of an upturn in years to come.
Queenstake, YGC to tie knot (February 19, 2007)
The wait by the phone is over for Queenstake Resources (QRL-T, QEE-X), which has found a merger partner in Vancouver-based YGC Resources (YGC-T, YGCFF-O).
CNQ Trading (February 19, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Feb. 6-12, 2007 Aspire CALS 510 0.06 0.04 0.04 0.00 0.16 0.035 Bannockburn Res BKNN 354 3.00 2.25 3.00 + 0.40…
Canyon ready to reopen Briggs gold mine
All Canyon Resources (CAU-X) needs to get things rolling at its Briggs gold mine in Inyo Cty., Calif., is some cash.
Staccato eyeing Eureka gold
Vancouver — Aiming to prove that the best place to look for a new mine is near an old one, Staccato Gold Resources (CAT-V, STCGF-O) set out four years ago to acquire a large land position in Nevada, …
Rio Tinto earns US$7.4B in 2006
Surging demand from China for iron ore and copper resulted in a record-setting year for Rio Tinto (RTP-N, RIO-L) in 2006, but the company expects to see some moderation in 2007.
Globex and co. seek Tennessee zinc
A Toronto-based private group has agreed to buy the Smith Cty., Tennessee zinc mines formerly operated by Pasminco, and plans to go public in a $20-million financing.
Mining sector faces human resource crisis: Conference Board (February 19, 2007)
Vancouver — Despite high commodity prices and robust exploration activity, Canada’s reserves of base and precious metals are declining rapidly and much more activity will be required to sustain the s…
Committee Bay delivers Aussie high-grade
Vancouver — Redemption joint-venture partners Committee Bay Resources (CBR-V, CBYRF-O) and Focus Minerals (FML-A) like what they see so far in drilling at the Perseverance gold deposit in the Coolgar…