Rio Tinto earns US$7.4B in 2006
Surging demand from China for iron ore and copper resulted in a record-setting year for Rio Tinto (RTP-N, RIO-L) in 2006, but the company expects to see some moderation in 2007.
Copper
Corriente delays startup of Ecuador mine
Vancouver — Already facing a suspension order from the Ecuadorian government, Corriente Resources (CTQ-T, ETQ-X) is delaying the startup of its Mirador copper mine in order to minimize the company’s …
Uranium feasibility study for Equinox copper project
Equinox Minerals (EQN-T, EQN-A) has entered into a $175-million bought-deal financing agreement to fund the develop…
Teck pledges to extend Highland Valley mine
Vancouver Teck Cominco (TCK.B-T, TCK-N) is set to extend the life of its Highland Valley copper mine in south cent…
Happy Creek Disappoints
Penny junior Happy Creek Minerals (HPY-V) saw its share price fall off a table recently, after releasing drill results from its Rateria copper property in southern B.C.
First Narrows Cuts More Chester High-Grade
Vancouver — Resource definition drilling by First Narrows Resources (UNO-V, FNRWF-O) on its Chester project in New Brunswick’s Bathurst mining camp continues to deliver wide, high-grade copper interc…
Tyler Pulls More Holes at Bahuerachi
Eight recent reverse-circulation holes drilled by Tyler Resources (TYS-V, TYRRF-O) at the Bahuerachi copper deposit in southwestern Chihuahua state, Mexico, have returned long intersections of mineral…
Imperial Gets a Leg Up on Taseko in bcMetals Tussle
Vancouver –Imperial Metals (IPMLF-O, III-T) may have delivered the knockout punch in the battle to acquire bcMetals (C-V, BMTLF-O), raising its previous bid by 20 to $1.70 a share.
Aur Resources doubles net income in 2006
Aur Resources (AUR-T) production may have dropped in 2006 but a spike in copper prices allowed the company to more…
Candorado keeping itself busy in B.C.
Candorado Operating (CDO-V) continues on its shopping spree in B.C. as it is now buying eight additional properties…
Imperial delivers knock out punch in bcMetals tussle
Vancouver Imperial Metals(III-T) looks to have delivered the knockout punch in the battle to acquire bcMetals (C…
Full Metal finds Mt. Andrews’ copper
While testing the periphery of the historic producing Mount Andrews copper-gold mine in southeastern Alaska, Full Metal Minerals (FMM-V, FLMTF-O) encountered sections of magnetite and chalcopyrite min…