News

Production at the Duck Pond base metals deposit, near Buchans, Nfld., should start in late 2006 following a production decision by Aur Resources (AUR-T).

Glamis Gold (GLG-T) has launched a hostile, all-share bid for Goldcorp (G-T) that is contigent on the latter scrapping its own all-share, friendly takeover of Wheaton River Minerals (WRM-T),…

Rio Narcea Gold Mines (RNG-T) has produced its first batch of nickel concentrate from the Aguablanca nickel-copper sulphide project, 80 km northwest of Seville, Spain.

Eyeing some newfound gold, Claude Resources (CRJ-T) plans to double the daily capacity of its Seabee mill, 125 km northeast of La Ronge, Sask., to 1,100 tonnes.

Vancouver — Drilling by Imperial Metals (III-T) has extended mineralization at the Mount Polley copper-gold project in central British Columbia.

Vancouver — Adanac Moly (AUA-V) has arranged financing to explore the Ruby Creek molybdenum property, near Atlin in northwestern British Columbia.

Thistle Mining (THT-T) has announced a restructuring plan that entails the cancellation of existing shares.

Queenstake Resources (QRL-T) has cut high gold grades combined with impressive widths at its Starvation Canyon project, 12 miles southwest of its Jerritt Canyon mill in Nevada.