News

The board of directors of Canico Resource (CNI-T) has unanimously recommended that its shareholders reject an unsolicited takeover offer from diversified Brazilian miner Co…

Vancouver — Riding the uranium wave, Western Prospector Group (WNP-V) has arranged a $21-million financing to recharge its treasury as it advances work on the Saddle Hills project…

At the next luncheon meeting of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum, William Burton, Western Canadian Coal‘s (WTN-T) vice-president of…

Vancouver — An updated resource estimate has further boosted the size of Peru Copper‘s (PCR-T, CUP-X) Toromocho project located in the Morococha district of central Peru, about 140…

Major posts record quarter …

Santiago, Chile — Record prices for steel-additive molybdenum show no sign of falling any time soon — but the high prices are not the result of a fundamental shift in the market, says CEO of Molybde…

Vancouver — A bankable feasibility study on the Lost Fox deposit area of Fortune Minerals‘ (FT-T, FTMDF-O) Mount Klappan anthracite coal project in northwestern B.C., shows compell…

Vancouver — Final results are in from 2005 spring-summer drilling by Cogema Resources, a subsidiary of French energy giant Areva (ARVCF-O), on its western Athaba…

U.S. equity markets pulled out of a long slide on Oct. 14 and 17, finishing the reporting period Oct. 11-17 a little higher. The Dow Jones Industrial average gained 1%, finishing at 10,348.10 points,…

The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…