Exchange Rates (November 27, 2006)
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News
Australia’s Western Areas backs Mustang at Maskwa (November 27, 2006)
Perth, Australia-based nickel miner Western Areas (WSA-T, WSA-A) is investing up to $5 million in Mustang Minerals (MUM-V, MSMGF-O), enough money to allow the Toronto-based junior to complete a feasib…
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…
Metallica, Xstrata upgrade El Morro copper-gold resource (November 27, 2006)
Metallica Resources (MR-T, MRB-X) has announced a substantial upgrading of its La Fortuna copper-gold deposit at its El Morro project in Chile.
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…
Exall shareholders approve spinoff (November 24, 2006)
Shareholders of Exall Resources (EXL-T, EXALF-O) have approved a reorganization plan that will see current sharehol…
Skeena cuts higher grades at El Corazon
Vancouver – Additional drill results from Skeena Resources’ (SKE-V, SKREF-O) El Corazon gold project in northwester…
Selkirk, Doublestar rise on E zone assays
Vancouver – Selkirk Metals (SLK-V) and partner Doublestar Resources (DSR-V) are gearing up to launch an underground…
Silver and zinc production in near future for Abcourt Mines
Patience is a virtue Renaud Hinse, president of Quebec-based Abcourt Mines (ABI-V), has nearly perfected over the l…
International Nickel Ventures up on new inferred resource
International Nickel Ventures (INV-V) and Teck Cominco (TCK.A-T) have released a new inferred resource estimate for…