Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Copper
Editorial: Mongolian gov’t betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “promising underdog” column over to the one titled “Third World basket-case” — so joi…
Corriente lines up dollars to develop Mirador
Vancouver — Corriente Resources (CTQ-T, ETQ-X) has arranged a $125-million financing to bring its Mirador copper deposit, in southeastern Ecuador, into production….
Nevsun ships gold from Tabakoto
Vancouver — The first shipment of gold produced from the commissioning phase of the Tabakoto open-pit mine in Mali, West Africa, has elevated Nevsun Resources (NSU-T) to the ranks of junior gold prod…
Mongolian President fails to veto new tax
Vancouver – Mongolia’s President Nambaryn Enkhbayar has opted for the populist course of strong nationalism and dec…
Yamana turns hedger — in copper
Capitalizing on record copper prices, Yamana Gold (YRI-T, AUY-X, YAU-L) has locked in prices on production from its…
Linear cuts new gold at Ixhuatan
An initial pair of holes collared some 450 metres southwest of the Campamento gold deposit on the Ixhuatan project,…
Anvil to go ahead at Kinsevere
Anvil Mining (AVM-T, AVM-A) has approved a US$35 million stage one development of the Kinsevere copper and cobalt d…
Nautilus samples deep-sea deposits (May 25, 2006)
Vancouver – Ocean-floor explorer Nautilus Minerals (NUS-V, NUSMF-O) has returned high-grade copper-gold values from…
FNX sizes up Podolsky (May 25, 2006)
Junior nickel miner FNX Mining (FNX-T, FNX-X) has tabled a resource estimate for the 2000 and North polymetallic de…
New Gold hits deeper mineralization at Afton (May 25, 2006)
Vancouver – Underground drilling by New Gold (NGD-T, NGD-X) on its New Afton copper-gold deposit, just west of Kaml…
Cornerstone-Coastport cut high-grade massive sulphides at La Plata
Vancouver – This year’s initial step-out drill hole by joint venture partners Cornerstone Capital Resources (CGP-V,…