Farallon raising $30M for Campo Morado
Vancouver — Farallon Resources (FAN-T, FRLLF-O) has lined up a $30-million financing to advance its Campo Morado polymetallic project in Guerrero state, Mexico….
News
New World drills wide intercept at Lipea (August 14, 2006)
Vancouver — Initial drilling by New World Resource (NW-V, NWFFF-O) on its Lipea project in southwestern Bolivia has returned a wide intercept of copper, gold and silver mineralization….
Exmin, Hochschilds not finicky about Moris
Vancouver-based junior Exmin Resources (EXM-V, EXMFF-O) has teamed up with Peru’s Hochschild Mining Group to buy the closed Santa Maria de Moris heap-leach gold-silver mine located in the Moris distri…
North American Palladium boosts output at Lac des les
Vancouver — With underground operations now fully on-stream, North American Palladium’s (PDL-T, PAL-X) Lac des les mine, just north of Thunder Bay, Ont., showed improved performance over its second-…
Newmont sees strong earnings in Q2
Vancouver — Shares of Newmont Mining (NMC-T, NEM-N) slipped almost 5% the same day it announced earnings of US$161 million (36 per share) in its latest second quarter, up 83% from last year’s corres…
Aurora drills wide uranium at Michelin
Vancouver — Drilling on Aurora Energy Resources’ (AXU-T, AUEGF-O) Michelin deposit in the Central Mineral Belt of coastal Labrador has intersected a number of wide, higher-grade uranium intervals….
Editorial: Aussie PM warming to nuke power (August 14, 2006)
There’s nothing quite like the whiff of big money to make people abandon their longest-held principles….
Young-Davidson story grows with Northgate exploration
SITE VISIT…
Acadian looks at Scotia startup
Acadian Gold (ADA-V, ADGLF-O) is hoping to move to early production at the Scotia Zinc project near Gays River, N.S., after receiving results of a recent feasibility study….
High River takes on Russian silver project (August 14, 2006)
The Russian subsidiary of High River Gold (HRG-T), Buryatzoloto, has lined up an agreement with private Russian company Gazteck Industry that will give Buryatzoloto a 50% interest in an undeveloped si…
Teck snaps Inco’s olive branch (August 14, 2006)
Teck Cominco (TCK.B-T, TCK-N) has politely declined Inco’s (N-T, N-N) invitation to the negotiating table, instead preferring to stick to its game plan and existing cash-and-share takeover bid for the…
Eureka! Positive study on Miheevskoye
London-listed developer Eureka Mining (ERKMF-O, EKA-L) will go to a final feasibility study on its Miheevskoye copper-gold deposit in Russia following a prefeasibility study that concluded a 25-millio…