News



Phelps Dodge chops debt

The trading period ended June 28 was punctuated by the early transfer of power in Iraq from U.S. authorities to an interim Iraqi government. The move sent energy stocks lower while, more broadly, the Dow Jones Industrial average dropped 37.98 poin…


Crowflight ponies up for Bucko

Crowflight Minerals (CML-V) is geting a chance to join the ranks of nickel producers by acquiring Falconbridge‘s (FL-T) Bucko resource block, in the Thompson nickel belt of Manitoba.


Alumbrera grows

Wheaton River Minerals (WRM-T) has announced a 20% increase in reserves at the Alumbrera gold-copper mine in Argentina.


Wolfden hits high grade at High Lake

Wolfden Resources (WLF-T) has intersected significant copper-zinc-silver-gold mineralization on the High Lake property, about 175 km east-southeast of Kugluktuk, N.W.T.


Redcorp advances Tulsequah Chief

Vancouver — Infill drilling by Redcorp Ventures (RDV-T) is resulting in consistent grades at the Tulsequah Chief polymetallic project near Atlin, B.C.


Open-pit operations at Newmont Mining's Ovacik gold mine in Turkey.

Frontier Pacific to buy Ovacik

Vancouver — Frontier Pacific Mining (FRP-V) is acquiring the Ovacik gold mine in western Turkey from Autin Investments, a subsidiary of Newmont Mining (NEM-N).


Inside the shaft

The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.



Resolute buys out Randgold at Syama

Randgold Resources (GOLD-Q) has sold its 80% stake in the dormant Syama gold mine in southern Mali to Resolute Mining of Australia. In return, Resolute paid Randgold US$6 million in cash and has assumed mine-r…


Cameco exercising leads the way

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:…


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