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Big Dog: Teck Cominco's fourth-quarter operating profit was a record $700 million, up from $392 million a year earlier. About half the increase was attributed to the Red Dog mine in Alaska (pictured here), where robust zinc prices contributed to a $61-million increase in operating profits.

News February 13, 2006

Coal and copper stoke Teck profits

Vancouver — Stronger prices for coal, copper and zinc helped generate record net earnings of $510 million for Teck Cominco (TEK.SV.B-T, TCKBF-O) in the fourth quarter of 2005….

News February 13, 2006

Fronteer delivers Turkish delight

Vancouver — Fronteer Development Group (FRG-T, FRG-X) has made significant resource increases on its Agi Dagi and Kirazli gold projects in western Turkey….

News February 13, 2006

Trio of financings reveals hot market

Vancouver — A recent series of major financings serves as a good barometer of the frothy mining investment climate. UrAsia Energy (UUU-V, UAEYF-O), New Gold (NGD…

News February 13, 2006

All OK at K2

January opened with a dozen miners’ deaths stemming from a too-little, too-late response to an explosion at the Sago underground coal mine in West Virginia. But the month closed with Canadian miners s…

News February 13, 2006

Winners and losers

— The following is an excerpt from Mining Explained, published by The Northern Miner….

News February 13, 2006

Ivanhoe tables latest Oyu Tolgoi reserves

Vancouver — Previous resource calculations on Ivanhoe Mines‘ (IVN-T, IVN-N) planned open-pit deposits at Oyu Tolgoi, in southern Mongolia, have been upgraded to the reserve categor…

A Bradley Brothers drill tests Southwestern Resources' Boka gold project in Yunnan province, China. Results were released from 19 recently drilled holes, with the highlight being Hole 05-148, which returned 2.3 grams gold per tonne over 68.1 metres, from 223.7 metres to 291.8 metres.

News February 13, 2006

Southwestern extends Boka 1 zone

Vancouver — An ongoing drill program by Southwestern Resources (SWG-T, SWGGF-O) has extended the strike length of the Boka 1 gold zone to 1,400 metres and its downdip extension to…

News February 13, 2006

Endeavour marks first year

Vancouver — Having attained the rank of silver producer, Endeavour Silver (EDR-V, EDRGF-O) is looking to accelerate output at its Guanacevi operations on the Santa Cruz project in…

News February 13, 2006

Fortune to tell Nico by bulk sample

Fortune Minerals (FT-T, FTMDF-O) has contracted out the mining of a bulk sample from its Nico polymetallic deposit in the Northwest Territories, and expects to test-mine between May…

News February 13, 2006

Rimfire boosts holdings near Pogo

Vancouver — Recent staking activity by Rimfire Minerals (RFM-V, RMFRF-O) has made the junior the largest landholder in the Goodpaster district near Fairbanks, Alaska. The company s…

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