News

Alcan (AL-T) expects fourth- quarter operating earnings to slide by around 30% from the previous quarter, owing to a weaker U.S. dollar, seasonal effects, and higher fuel and energy costs.

Just 20 months after the discovery of the rich West zone at its High Lake polymetallic project in Nunavut, Wolfden Resources (WLF-T) has managed to triple the massive-sulphide resource base.

Vancouver — In a deal worth $15.3 million, Lundin Mining (LUN-T) is offering to purchase the shares in North Atlantic Natural Resources it does not already own.

Junior explorer Sabina Resources (SBB-V) will buy out the minority interest in its Golden Sidewalk property in Ontario’s Skinner Twp., in the Birch-Uchi Lake greenstone belt.

Vancouver — Drilling by Imperial Metals (III-V) has confirmed the presence of high-grade gold-silver mineralization in the Northeast zone at the Mount Polley mine, near Williams Lake, B.C.

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.

Vancouver — Calgary-based Tyler Resources (TYS-V) has pulled yet another significant hole from its Bahuerachi copper project, in the La Reforma region of Mexico’s Chihuahua state.